Auto loan with poor credit
John Engler, president of the National Association of Manufacturers, called on the White House to ensure that rules for the $25 billion package in federal loan guarantees for the auto industry are completed before the next president is…
Auto industry given $25 million loan for hybrid production (Central Michigan Life)
The U.S. House of Representatives approved $25 million in loans last month to help auto industries produce advanced car batteries as well as work on gas-electric hybrid vehicles. The goal of the loan is not only to help stimulate the economy but to help protect the environment as well.
GMAC Tightens Standards for Financing Autos, Dealers (Update1) (Bloomberg)
Oct. 13 (Bloomberg) — GMAC LLC , the consumer finance arm of General Motors Corp. , will limit auto loans to customers with credit scores of at least 700, making it harder for some customers to buy a car or truck.
AIG May Sell Hawaii Unit to Pay Federal Loan (Insurance Journal)
American International Group Inc. may sell its AIG Hawaii unit to pay off an emergency $85 billion federal loan. The local unit is part of the AIG Personal Auto Group, which the New York-based insurer
Q&A: Why the loans for auto makers? (The Ann Arbor News)
Congress recently approved giving $25 billion in loans to the U.S. auto companies to help them develop more fuel efficient cars. David ColeThe News talked to David Cole, chairman of the Center for Automotive Research in Ann Arbor, about the…
Drive Beautiful (Texarkana Gazette)
Larissa Powell stands next to a one-of-a-kind 1954 Buick Landau on display Saturday at the Tex-Ark Antique Auto Museum. The car is on loan from Houston-based attorney John M. O Quinn and will be at the museum until Oct. 28th.
Loan troubles drive change among local auto dealers (BizJournals)
The evaporation of loans to ordinary consumers is letting the air out of the auto industry both nationally and in Greater Cincinnati, as vehicle sales and dealerships continue their decline and manufacturers tighten financing terms.
