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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