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- Captives faltered in '09 -- but made late spurt
The credit crisis caused a shakeup in auto lending last year. The large banks, awash with cash from federal aid programs, and credit unions, which avoided the losses linked to bad loans, stole market share from the manufacturers' auto finance arms.
Переслать - GM's Whitacre ads called deceptive in FTC complaint
General Motors Co.'s controversial commercial featuring CEO Ed Whitacre has prompted advocacy group Competitive Enterprise Institute to file a complaint with the Federal Trade Commission, charging GM with deceptive advertising. The Washington, D.C.
Переслать - Arbitration update: Chrysler 3, dealers 1
A rejected Chrysler Group dealership in Florida became the first to win an arbitration case today, while two other stores in the same state lost.
Переслать - Toyota's Fay, Pflughaupt swap roles in sales, marketing shuffle
Toyota Division, relying on steep incentives to sustain demand during its recall crisis, has shuffled chiefs in its U.S. sales and marketing posts.
Переслать - GMAC brand may survive for GM financing
General Motors Co. is talking with GMAC Financial Services about keeping the GMAC brand for GM financing when the lender changes its name Monday to Ally Financial Inc.
Переслать - Honda's Mendel bullish on truck sales, lower inventories
Honda can't keep up with orders for its light trucks -- which Executive Vice President John Mendel says is a sign of reviving consumer confidence.
Переслать - U.S. Senate auto safety bill resembles House measure
The chairman of the Senate Commerce Committee today introduced an auto safety bill that is largely similar to the legislation to be discussed by a House panel on Thursday.
Переслать - Redesigned Ford Explorer shown to dealers; launch date vague
Ford Motor Co. told a group of dealers today that the redesigned Explorer SUV might be launched as a 2012 model.
Переслать - Chrysler offers 0% financing through GMAC in May
Chrysler Group today announced it is offering customers 0 percent financing or up to $4,000 cash back on most 2010 models financed through GMAC Financial Services.
Переслать - Avis joins bidding for Dollar Thrifty; antitrust hurdle looms
Avis Budget fired its first salvo in what could turn out to be a protracted takeout saga for Dollar Thrifty, as the dwindling number of players in the car rental market is likely to draw scrutiny from U.S. antitrust regulators.
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