Topic: Jesse Toprak
For car buyers, four words mean the difference between going home in a new sedan or their old clunker: Your loan is approved. They are being uttered more often these days, spurred by a trillion-dollar government program that provides guarantees when those loans are sold to investors ...
Luxury car sales could offer the most accurate snapshot of a U.S. auto market that languished in September due to fallout from the government's Cash for Clunkers program. Automakers are expected to report a steep drop U.S. sales for the month on Thursday ...
Offers of huge rebates and tempting low-interest loans weren't enough to entice car buyers out of their bunkers in this economic crisis, causing U.S. auto sales in February to hover near historic lows. General Motors' sales tumbled 53 percent from ...
As car buyers lose confidence, so do auto analysts. Consumer confidence is at all-time low. People are unable or unwilling to take on any additional payments. This has prompted auto analysts to slash their forecasts for sales of new cars and trucks this year, citing increasing uncertainty about whether the industry can rebound in the second half. Automakers report results ...
