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  • Affordable Automobiles Hot Nich Market


  • Saturday, November 19, 2005

    Top Sport Utilities on MSN AutosThe most popular sport-utility vehicles


    Top Sport Utilities on MSN Autos
    The most popular sport-utility vehicles on MSN Autos, based on visits to the site's vehicle research pages during the third quarter of 2005.
    compiled by MSN Autos

    National City ending auto lending through dealerships (Business First of Columbus)
    National City Corp. has decided to exit the indirect retail auto and motorsports lending business, citing low returns and volume challenges.

    Tops in Vehicle Satisfaction
    Nissan models are big winners in this annual vehicle satisfaction study.
    Editors of MSN Autos

    Brazil's Improving Economy Drives Loan Growth At Banking Firm (Investor's Business Daily via Yahoo! News)
    Consumers in Brazil are the same as consumers anywhere: Most need loans to buy cars, furniture, appliances and the like.

    Lender Centrix lays off 100 (Denver Post)
    Centrix Financial, a Centennial-based provider of "subprime" auto loans, cut 100 jobs Thursday in a corporate restructuring. "We are doing a consolidation of our two main operating divisions - loan management and loan production," said spokeswoman Lauren Sides.

    posted by Charlie Cory at 12:00 PM  

    Hybrids Are HotAutomakers that used to downplay the viability of


    Hybrids Are Hot
    Automakers that used to downplay the viability of gasoline-electric hybrids are now embracing them.
    Ann Job

    National City scaling down its auto lending (Pittsburgh Business Times)
    National City Corp. is leaving the indirect retail auto and motorsports lending business, citing low returns and volume challenges.

    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.

    Lender Centrix lays off 100 (Denver Post)
    Centrix Financial, a Centennial-based provider of "subprime" auto loans, cut 100 jobs Thursday in a corporate restructuring. "We are doing a consolidation of our two main operating divisions - loan management and loan production," said spokeswoman Lauren Sides.

    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 ending auto lending through dealerships (Business First of Columbus)
    National City Corp. has decided to exit the indirect retail auto and motorsports lending business, citing low returns and volume challenges.

    National City scaling down its auto lending (bizjournals.com via Yahoo! Finance)
    National City Corp. has decided to exit the indirect retail auto and motorsports lending business, the company announced Tuesday, citing low returns and volume challenges.

    New Jeep Concepts
    Two concept vehicles, unveiled at Europe's largest auto show, provide a peek into the future of DaimlerChrysler's Jeep brand.
    Editors of MSN Autos

    Bad Credit Refinance (Rebuz)
    Ameriquest Mortgage is a source of bad credit refinance loans. Offers bad credit mortgage refinance options on a variety of loan types. Countrywide offers home loans, refinance, personal refinance and Insurance.

    posted by Charlie Cory at 12:00 AM  

    Friday, November 18, 2005

    National City ending auto lending through dealerships (Business First of


    National City ending auto lending through dealerships (Business First of Columbus)
    National City Corp. has decided to exit the indirect retail auto and motorsports lending business, citing low returns and volume challenges.

    posted by Charlie Cory at 11:00 AM  

    Thursday, November 17, 2005

    Fitch Expects to Rate Chase Auto Owner Trust 2005-B 'AAA'


    Fitch Expects to Rate Chase Auto Owner Trust 2005-B 'AAA' (The Auto Channel)
    NEW YORK--Nov. 15, 2005--Fitch Ratings expects to rate Chase Auto Owner Trust 2005-B as follows: -- $395,000,000 class A-1 4.41% asset-backed notes 'AAA'; -- $302,000,000 class A-2 4.77% asset-backed notes 'AAA'; -- $415,000,000 class A-3 4.84% asset-backed notes 'AAA'; -- $256,880,000 class A-4 4.88% asset-backed notes 'AAA'; -- $31,750,000 4.97% asset-backed certificates

    Renault warning intensifies Ghosn challenge (BusinessWeek)
    NOV. 17 11:56 A.M. ET Auto industry watchers knew Carlos Ghosn was setting himself a tough task when he took up the Renault CEO job and stayed on as head of Nissan as well.

    2005 Frankfurt Motor Show
    MSN Autos brings you highlights from one of Europe's major shows.
    Editors of MSN Autos

    posted by Charlie Cory at 11:00 PM  

    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.

    posted by Charlie Cory at 11:00 AM  

    Wednesday, November 16, 2005

    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.

    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.

    National City ending auto lending through dealerships (Business First of Columbus)
    National City Corp. has decided to exit the indirect retail auto and motorsports lending business, citing low returns and volume challenges.

    Top Sport Utilities on MSN Autos
    The most popular sport-utility vehicles on MSN Autos, based on visits to the site's vehicle research pages during the third quarter of 2005.
    compiled by MSN Autos

    posted by Charlie Cory at 10:03 PM  

    Business Briefing (Sun-Sentinel) The South Florida International Auto Show, which


    Business Briefing (Sun-Sentinel)
    The South Florida International Auto Show, which closed after 10 days on Sunday, attracted 644,302 visitors, down from a record high of about 673,000 visitors last year.

    Banks brace for increase in credit-card, loan defaults (Tennessean)
    Crush of bankruptcy filings before rule changes will show up in coming months.

    Top Sport Utilities on MSN Autos
    The most popular sport-utility vehicles on MSN Autos, based on visits to the site's vehicle research pages during the third quarter of 2005.
    compiled by MSN Autos

    National City scaling down its auto lending (bizjournals.com via Yahoo! Finance)
    National City Corp. has decided to exit the indirect retail auto and motorsports lending business, the company announced Tuesday, citing low returns and volume challenges.

    posted by Charlie Cory at 10:00 AM  

    Tuesday, November 15, 2005

    Frankfurt Motor Show FavoritesPublic days for this huge auto show


    Frankfurt Motor Show Favorites
    Public days for this huge auto show run through September 25, and concept cars continue to be a big draw. Our editors pick their ten favorites.
    Editors of MSN Autos

    National City Announces Decision to Exit Indirect Retail Auto and Motorsports Lending Business (PR Newswire via Yahoo! Finance)
    National City Corporation today announced its decision to exit the indirect retail auto and motorsports lending business.

    NetBank, Net Loss (The Motley Fool via Yahoo! News)
    Investors who bought NetBank (Nasdaq: NTBK - News) back in 1999 and held -- before the dot-com bomb went off -- must be kicking themselves. The promise of avoiding the brick-and-mortar business model, and enjoying a competitive advantage because of it, just hasn't paid off. But NetBank is still alive and kicking, as its third-quarter results indicate.

    posted by Charlie Cory at 10:00 PM  

    China to see acute auto overcapacity by 2010-paper (Reuters via


    China to see acute auto overcapacity by 2010-paper (Reuters via Yahoo! Asia News)
    SHANGHAI, Nov 14 (Reuters) - China will produce twice as many vehicles as it needs by 2010 if the current investment frenzy in the automotive sector goes unchecked, an official newspaper cited a top economic planner as saying on Monday.

    Junk Bond Sales in Europe Rise to Record as Defaults Decline (Bloomberg.com)
    Nov. 15 (Bloomberg) -- Junk bond sales in Europe will reach a record this year as defaults drop and yields on government debt fall to the lowest levels since World War II.

    posted by Charlie Cory at 10:00 AM  

    Sunday, November 13, 2005

    It's 'buyer beware' on subprime loans (Bankrate.com via Yahoo! Finance)


    It's 'buyer beware' on subprime loans (Bankrate.com via Yahoo! Finance)
    Just because they'll lend you money doesn't mean they're not trying to get all you have.

    Timberstone Group carves high, rapid arc in Toledo market (Toledo Blade)
    THEY'VE BROKERED multimillion-dollar land deals in Toledo's hot Franklin Park area. They own a big chunk of downtown's boldest warehouse loft conversion.

    Can maverick rise from financial ruin? (The State)
    On a clear October day, the view from the roof of the historic Middleton Building on Gervais Street is picture-perfect.To the east, the downtown skyline stands tall. To the west, the Congaree River shimmers through the trees.

    Lowest-Priced New Vehicles for 2006
    Low price doesn't mean skimping on safety equipment anymore; some lowest-priced new cars include six standard airbags.
    Ann Job

    posted by Charlie Cory at 8:00 PM  

    About Me

    Name:Charlie Cory
    Location:Bristol, South Gloucester, United Kingdom

    I am married to my darling Scheela and have 3 beautiful children. I was fortunate enough to be laid off 4 years ago. This enabled me to work from home, and I now make my living from my dining room. I was also able to see my youngest take her first steps. How many working parents are lucky enough to do that!

    View my complete profile

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    Previous Posts

    • Top Sport Utilities on MSN AutosThe most popular sport-utility vehicles
    • Hybrids Are HotAutomakers that used to downplay the viability of
    • National City ending auto lending through dealerships (Business First of
    • Fitch Expects to Rate Chase Auto Owner Trust 2005-B 'AAA'
    • Auto Affordability Slid in the Third Quarter, Reports Comerica Bank
    • Auto Affordability Slid in the Third Quarter, Reports Comerica Bank
    • Business Briefing (Sun-Sentinel) The South Florida International Auto Show, which
    • Frankfurt Motor Show FavoritesPublic days for this huge auto show
    • China to see acute auto overcapacity by 2010-paper (Reuters via
    • It's 'buyer beware' on subprime loans (Bankrate.com via Yahoo! Finance)

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