Archives
Snags in GMAC’s Plan
Since posting a $2.5 billion second-quarter loss earlier this week, GMAC LLC has devised a series of moves meant to...
Lenders Face Huge Losses From the Glut of Gas Guzzlers
Auto financiers are bracing for higher losses — and there’s little they can do about it. High-priced fuel has all...
Lenders Face Huge Losses From the Glut of Gas Guzzlers
Auto financiers are bracing for higher losses — and there’s little they can do about it. High-priced fuel has all...
Despite Heavy Demand, Honda Captive Discounts Civics
Fuel-efficient cars are in acute demand, and the Honda Civic is no exception. The Honda Civic Hybrid is, in fact,...
Leasing Becomes an Attractive Option in Times of Economic Uncertainty
In recent months, leasing has become an attractive option for consumers who are in the market for a car. Due...
Q&A: GMAC’s New Credit Risk Chief Outlines His Priorities
Few financial services companies in the United States have had to endure as daunting a year as GMAC Financial Services....
Interesting Remarketing Statistic
Wish you could quantify the effect of higher gas prices on vehicle values? NADA has, and here's the math: For...
The Demise of Leasing
On the heels of Ford Motor Credit's $2.1 billion writedown of its leasing portfolio yesterday, today Chrysler Financial announced that...
