SBA Offers Loan Guarantees To US Auto Dealers
May 30, 2009
There have been new reports issued by the Obama Administration regarding a potential move to guarantee loans for automobile dealers that have suffered serious financial setbacks due to collapse of major automakers like Chrysler and GM. Read more
Web Auto Loan Company Sees Good Signs For the Future
May 12, 2009
Online auto loan finance company, myAutoloan.com, has taken note of substantial increases in the number of auto loan applications it has received since the beginning of first quarter of 2009. This trend has continued into the second quarter. Read more
A Report on the Chrysler Bankruptcy
May 9, 2009
With the announcement that Chrysler had filed for Chapter 11 bankruptcy protection, the car company made a first at trying to salvage its operations. The move was done also to prepare for its partnership with the Italian automaker, Fiat. Read more
General Motors Moves to Cut Jobs and Trim Its Product Line
May 8, 2009
In a recent announcement filed with the Securities and Exchange Commission, the General Motors Corporation stated that it plans to eliminate a staggering 21,000 U.S. manufacturing jobs by 2010. Read more
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