Posted: 01/06/2009 11:52 PM
DETROIT (AP) — Huge rebates and zero-percent loans couldn’t overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007.
Posted: 01/06/2009 03:55 PM
Leading auto financiers are set to revise interest rates on auto loans, following the reduction in cash reserve ratio, repo rate and reverse repo rate by the Reserve Bank of India on January 2.
Posted: 01/07/2009 01:40 AM
General Motors Corp has adequate government loans pledged to cover the worst-case scenario it outlined in December to Congress and will not need more unless the economy worsens, a Bloomberg report said.
Posted: 01/07/2009 04:34 AM
Jan. 7 (Bloomberg) -- General Motors Corp. has enough government loans to cover the worst-case scenario it described last month and says it won’t need more if the economy holds up.
Posted: 01/06/2009 10:18 AM
DETROIT #8212; Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007.
Posted: 01/07/2009 04:51 AM
General Motors has enough government loans to cover its worst-case scenario and added it won't need more if the economy stabilizes, a report says.
Posted: 01/06/2009 04:44 AM
Want to buy a car? Then step right up. There's no lack of loans for cars in Canada, say auto industry insiders.
Posted: 01/07/2009 02:51 AM
Jan. 7 (Bloomberg) -- American International Group Inc., the insurer that renamed its U.S. auto business this week to prepare the operation for potential buyers, may find that unit among the easiest to sell, analysts said.
Posted: 01/06/2009 01:15 AM
Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales fell 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007.
Posted: 01/05/2009 11:41 PM
Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles...