Auto Affordability Slid in the Third Quarter, Reports Comerica Bank

Auto Affordability Slid in the Third Quarter, Reports Comerica Bank (The Auto Channel)
DETROIT, Nov. 15, 2005 -- The purchase of an average- priced, new vehicle during the third quarter of 2005 took 26.2 weeks of median family income, according to the Auto Affordability Index compiled by Detroit- based Comerica Bank. The latest reading is up 1.5 weeks from the prior quarter, resulting in the worst reading for affordability in four years.

Getting out from under co-signed auto loan (Bankrate.com)
Dear Dr. Don, I have a question regarding co-signing an auto loan. Last summer I helped a friend out and co-signed his auto loan.

National City Announces Decision to Exit Indirect Retail Auto and Motorsports Lending Business (The Auto Channel)
CLEVELAND, Nov. 15 -- National City Corporation today announced its decision to exit the indirect retail auto and motorsports lending business. Continued low returns and volume challenges were the primary factors in the company's decision.