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Latest Survey Finds Lowest Consumer Outlook in 25 Years
The November Consumer Sentiment Survey from the University of Michigan finds consumers more pessimistic than they have been since 1980. (Read More…)
Comments (0)Auto Credit Express Sponsors Subprime Web Seminar
Auto Credit Express President Rich LaLonde and Special Finance Magazine editor Tariq Kamal will be teaming up for an online seminar on December 11th designed to help dealerships build a thriving subprime department. (Read More…)
Comments (0)Credit Crisis Continues to Slam AmeriCredit
Fairholme Funds acquires an additional percentage of AmeriCredit. Transaction was necessary to maintain the financial viability of the subprime lender. (Read More…)
Comments (0)Interest in Larger Cars Returning – AutoTrader
The latest Trend Engine Report from Auto Trader finds that interest in larger vehicles may be returning while prices for many low-mpg used models are still falling. (Read More…)
Comments (1)NADA Launches Ad Campaign to Boost Vehicle Sales
In an effort to boost sales at the retail level, the National Automobile Dealers Association has produced a series of ads for dealers to place with their local media outlets. (Read More…)
Comments (0)GM Makes it Official - Sells Equity Stake in Suzuki Motor Corp
General Motors announces the sale of its remaining equity in Suzuki Motor Corporation in a press release issued this morning. (Read More…)
Comments (1)CAR Estimates Big 3 Shutdown Impact
In its most recent press release, the Ann Arbor-based Center for Automotive Research estimates the economic impact of a full or partial contraction of the Detroit Three on the United States economy. (Read More…)
Comments (0)Report Finds Lower Gas Prices Affect Only Short-Term Driving Changes
In a survey conducted by The NPD Group, findings indicate that many consumers believe gas prices will rise again soon and, due to economic concerns, they will maintain their cars instead of buying new ones. (Read More…)
Comments (1)Number of SUVs and Pickup Trucks on the Road Holds Strong According to Experian Automotive
According to a study released this week by Experian Automotive, the number of pickup trucks and sport utility vehicles remains constant, despite the surge in gasoline prices this summer. (Read More…)
Comments (0)Latest U-M Survey Shows Record Decline in Consumer Confidence
In the latest survey of consumer sentiment, the Ann Arbor-based Institute for Social Research finds consumers suffered the largest decline in confidence in the history of the survey. (Read More…)
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