GMAC Will Take Over Chrysler’s Auto Financing
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GMAC Will Take Over Chrysler’s Auto Financing

Now that it’s been confirmed that Chrysler will file a surgical, 30 to 60 day…

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U.S. Treasury Wants to Sell Chrysler’s Auto Loan Arm
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U.S. Treasury Wants to Sell Chrysler’s Auto Loan Arm

The U.S. Treasury Department wants to broker the sale of Chrysler’s financing arm, Chrysler Financial.…

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GM to Ax 23,000 Jobs and 42% of its Dealers
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GM to Ax 23,000 Jobs and 42% of its Dealers

Now that GM has announced it will completely eliminate its Pontiac brand, the automaker announced…

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Automakers are Trying Everything to Get Consumers to Buy a Car
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Automakers are Trying Everything to Get Consumers to Buy a Car

Cash back rebates, thousands of dollars in discounts, employee pricing and even car loan payment…

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GM Told to Prepare For ‘Surgical’ Bankruptcy
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GM Told to Prepare For ‘Surgical’ Bankruptcy

The U.S. Treasury Department is instructing GM to prepare for a fast, “surgical” bankruptcy filing…

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