GM sees flat US market and ramps up savings (Reuters

GM sees flat US market and ramps up savings (Reuters via Yahoo! News)
General Motors Corp. , which lost nearly $4 billion in the first three quarters of 2005, on Friday said it would accelerate its cost-savings plan as it moves to stanch losses in the face of a flat or weaker year for the U.S. auto market.

Bad Credit Loans and Bad Credit Loan Providers (Rebuz)
A direct nationwide lender that specializes in hard money loans, bad credit loans and sub prime loans. Residential, commercial, construction and land 1st trust deeds up to 65% LTV. Residential and commercial 2nd trust deeds up to 75 % LTV.

Payday loans are debt traps (Hampton Roads Daily Press)
Vicki Woodward's Jan. 9 letter ("Payday lenders fill a needed void") criticizes Novelda Sommers' article on predatory lending for "failing to mention a few key facts." But Woodward's letter failed to mention the most important fact of all.

GM and Ford to sell car loans in bid to steer clear of debt (International Herald Tribune)
Things are so desperate for General Motors and Ford Motor that the two largest American automakers are selling their primary source of profit to pay bondholders - car loans that any bank would love to have on its books.

Indian car parts industry to grow to 40 billion dollars by 2015 (AFP via Yahoo! News)
India's auto parts industry will record sales of 40 billion dollars by 2015 and become as important to the economy as the thriving software sector, Commerce Minister Kamal Nath said.

How Will America's Big Two Automakers Survive?After decades of market

How Will America's Big Two Automakers Survive?
After decades of market share losses, look for a leaner and more focused Big Two.
Ann Job

GM and Ford to sell car loans in bid to steer clear of debt (International Herald Tribune)
Things are so desperate for General Motors and Ford Motor that the two largest American automakers are selling their primary source of profit to pay bondholders - car loans that any bank would love to have on its books.

Struggling Ford, GM to sell off car loans (Rocky Mountain News)
DETROIT - Things are so desperate for General Motors Corp. and Ford Motor Co. that the largest U.S. automakers are selling their primary source of profit to pay bondholders: car loans that any bank would love to have on its books.

GM sees flat US market and ramps up savings (Reuters via Yahoo! News)
General Motors Corp. , which lost nearly $4 billion in the first three quarters of 2005, on Friday said it would accelerate its cost-savings plan as it moves to stanch losses in the face of a flat or weaker year for the U.S. auto market.

Bad Credit Loans and Bad Credit Loan Providers (Rebuz)
A direct nationwide lender that specializes in hard money loans, bad credit loans and sub prime loans. Residential, commercial, construction and land 1st trust deeds up to 65% LTV. Residential and commercial 2nd trust deeds up to 75 % LTV.

French Car Maker Set To Embark On Auto Financing Biz

French Car Maker Set To Embark On Auto Financing Biz In China (Asia Pulse via Yahoo! Australia & NZ News)
French car maker PSA Peugeot Citroen is expected to embark on an auto financing business in China with its local car venture and a major Chinese bank during the first half of this year.

The Truth About Fuel Economy Ratings
If your new car's actual fuel mileage does not match the fuel economy numbers on the window sticker, it's not necessarily your car's fault.
Ann Job

More Auto show (Detroit Free Press)
General Motors Corp . will cut the window sticker prices on three-fourths of its models by an average of $1,300 today in an attempt to break the feast-or-famine cycle of huge incentives it has fostered during the past few years.

Preview: 2006 Porsche Cayman S
Porsche's new mid-engine coupe builds on the Boxster S, but kicks it up a notch in the performance department.
Mike Meredith

Preferred Placement Technology Launched with Significant Enhancements to Match Borrowers with Auto Loans (PR Web via Yahoo! News)
(PRWEB) January 12, 2006 -- myAutoloan.com, a direct-to-customer, Internet-based auto financing marketplace, has launched their latest enhancement of Preferred Placement technology that uses electronic application evaluation and analysis to process matching borrowers with national lending institutions. With Preferred Placement technology, borrowers can find the right financing for

How Will America's Big Two Automakers Survive?
After decades of market share losses, look for a leaner and more focused Big Two.
Ann Job

Struggling Ford, GM to sell off car loans (Rocky Mountain News)
DETROIT - Things are so desperate for General Motors Corp. and Ford Motor Co. that the largest U.S. automakers are selling their primary source of profit to pay bondholders: car loans that any bank would love to have on its books.

San Juan going after tardy loans (The Monitor)
SAN JUAN - The city of San Juan is moving ahead on foreclosure proceedings against two local businesses that have for years owed more than $100,000 to the city s revolving loan fund....

FRENCH CAR MAKER SET TO EMBARK ON AUTO FINANCING BIZ

FRENCH CAR MAKER SET TO EMBARK ON AUTO FINANCING BIZ IN CHINA (Asia Pulse via Yahoo! Australia & NZ Finance)
Joint ventures / investment French car maker PSA Peugeot Citroen is expected to embark on an auto financing business in China with its local car venture and a major Chinese bank during the first half of this year.

More Auto show (Detroit Free Press)
General Motors Corp . will cut the window sticker prices on three-fourths of its models by an average of $1,300 today in an attempt to break the feast-or-famine cycle of huge incentives it has fostered during the past few years.

Hero Honda, Bajaj May Post Gains on Festive Shopping (Update1)

Hero Honda, Bajaj May Post Gains on Festive Shopping (Update1) (Bloomberg.com)
Jan. 12 (Bloomberg) -- Hero Honda Motors Ltd. and Bajaj Auto Ltd., India's two biggest motorcycle makers, may say third- quarter profits gained as rising wages helped sales of models such as Discover and Splendor during festive months.

Struggling Ford, GM to sell off car loans (Rocky Mountain News)
DETROIT - Things are so desperate for General Motors Corp. and Ford Motor Co. that the largest U.S. automakers are selling their primary source of profit to pay bondholders: car loans that any bank would love to have on its books.

How Will America's Big Two Automakers Survive?
After decades of market share losses, look for a leaner and more focused Big Two.
Ann Job

The Truth About Fuel Economy Ratings
If your new car's actual fuel mileage does not match the fuel economy numbers on the window sticker, it's not necessarily your car's fault.
Ann Job

Preview: 2006 Porsche Cayman S
Porsche's new mid-engine coupe builds on the Boxster S, but kicks it up a notch in the performance department.
Mike Meredith

French Car Maker Set To Embark On Auto Financing Biz In China (Asia Pulse via Yahoo! Australia & NZ News)
French car maker PSA Peugeot Citroen is expected to embark on an auto financing business in China with its local car venture and a major Chinese bank during the first half of this year.

Winter Driving Tips From the Experts
Winter conditions can be challenging for drivers of all skill levels. The editor of Sympatico / MSN Autos Canada offers sound advice from the Great White North.
Marc Lachapelle, with Gerry Malloy for Sympatico / MSN Autos Canada

French Car Maker Set To Embark On Auto Financing Biz

French Car Maker Set To Embark On Auto Financing Biz In China (Asia Pulse via Yahoo! Australia & NZ News)
French car maker PSA Peugeot Citroen is expected to embark on an auto financing business in China with its local car venture and a major Chinese bank during the first half of this year.

Hero Honda, Bajaj May Post Quarterly Gains on Festive Shopping (Bloomberg.com)
Jan. 12 (Bloomberg) -- Hero Honda Motors Ltd. and Bajaj Auto Ltd., India's two biggest motorcycle makers, may say third- quarter profits gained as rising wages helped sales of models such as Discover and Splendor during festive months.

Preview: 2006 Porsche Cayman SPorsche's new mid-engine coupe builds on

Preview: 2006 Porsche Cayman S
Porsche's new mid-engine coupe builds on the Boxster S, but kicks it up a notch in the performance department.
Mike Meredith

Study: Racial Disparities in Loans (R News)
They say owning a home is the american dream, but according to a new study, that dream is not coming true for everyone in Rochester, not for African Americans and not for Hispanics.

Detroit Auto Show: Ford Super Chief concept truck rolls out (Autoblog)
Filed under: Concept Cars , Detroit Auto Show , Hybrids/Alternative , Trucks/Pickups Posting furiously from the North American International Auto Show in Detroit, John sends us these pictures of the Ford Super Chief introduction. Ford's official press release about the multi-fuel truck is in our earlier post here , but Ford design guru J. Mays expanded a bit on the truck's design

GM, Ford Sacrifice Car Loan Revenue to Pay $43 Billion in Bonds (Bloomberg.com)
Jan. 10 (Bloomberg) -- Things are so desperate for General Motors Corp. and Ford Motor Co. that the largest U.S. automakers are selling their primary source of profit to pay bondholders: car loans that any bank would love to have on its books.

IIHS's Top 10 Safety PicksThe Insurance Institute for Highway Safety

IIHS's Top 10 Safety Picks
The Insurance Institute for Highway Safety picks the ten safest cars of the 2006 model year.
Perry Stern

Test Drive: Project Gotham Racing 3
Editors at MSN Autos take Microsoft's latest driving game out for a spin.
Perry Stern

Top Luxury Cars on MSN Autos
The most popular luxury cars on MSN Autos, based on visits to the site's vehicle pages during the third quarter of 2005.
compiled by MSN Autos

Foreign auto fin cos feel the heat in local market, look to back out (Agencyfaqs!)
The fiercely competitive car finance market is resulting in foreign financiers withdrawing from the market. While GE Money is understood to have exited the market last week, Standard Chartered has scaled down its car finance business considerably and is reviewing its future, it is reliably learnt.

Detroit Auto Show: Ford Mustang GT500 rollout (Autoblog)
Filed under: Detroit Auto Show , Convertibles , Coupes Mark Fields rolled onstage at the Detroit Auto Show with none other than Carroll Shelby to officially introduce the latest iteration of Ford's retro pony car, the GT500. Fields announced that the GT500 would go on sale this summer, with prices starting in the low $40,000s. Quite a bargain for 475 hp! More pictures after the jump.

Detroit Auto Show: Nissan unveils Infiniti Coupe concept (Autoblog) Filed

Detroit Auto Show: Nissan unveils Infiniti Coupe concept (Autoblog)
Filed under: Concept Cars , Detroit Auto Show , Coupes Infiniti unveiled its new Coupe concept in Detroit Sunday, and Erin was there to get the details. The concept was launched by Mark Igo, Vice President and General Manager of the Infiniti Division for Nissan North America. Designed by Nissan Technical Center (NTC) in Atsugi, Japan, the concept features a"seductive body design," - a

GM, Ford Sacrifice Car Loan Revenue to Pay $43 Billion in Bonds (Bloomberg.com)
Jan. 10 (Bloomberg) -- Things are so desperate for General Motors Corp. and Ford Motor Co. that the largest U.S. automakers are selling their primary source of profit to pay bondholders: car loans that any bank would love to have on its books.

Fed Reports Consumer Borrowing Falls Again (AP via Yahoo! News)
Consumer borrowing fell in November for a second straight month, the first time that has occurred in more than 13 years.

Detroit Auto Show: Dodge Challenger concept debut (Autoblog)
Filed under: Concept Cars , Detroit Auto Show , Coupes You've see our earlier post with the official pics and press release, but here's the debut, live and in person, courtesy of Erin. More after the jump! Permalink | Email this | Linking Blogs | Comments Sponsored by Nissan . Everything we touch, we shift. And everything we shift, we make better. See how our passion

Top Luxury Cars on MSN Autos
The most popular luxury cars on MSN Autos, based on visits to the site's vehicle pages during the third quarter of 2005.
compiled by MSN Autos

Detroit Auto Show: Ford Mustang GT500 rollout (Autoblog) Filed under:

Detroit Auto Show: Ford Mustang GT500 rollout (Autoblog)
Filed under: Detroit Auto Show , Convertibles , Coupes Mark Fields rolled onstage at the Detroit Auto Show with none other than Carroll Shelby to officially introduce the latest iteration of Ford's retro pony car, the GT500. Fields announced that the GT500 would go on sale this summer, with prices starting in the low $40,000s. Quite a bargain for 475 hp! More pictures after the jump.

Detroit Auto Show: Ford Super Chief concept truck rolls out (Autoblog)
Filed under: Concept Cars , Detroit Auto Show , Hybrids/Alternative , Trucks/Pickups Posting furiously from the North American International Auto Show in Detroit, John sends us these pictures of the Ford Super Chief introduction. Ford's official press release about the multi-fuel truck is in our earlier post here , but Ford design guru J. Mays expanded a bit on the truck's design

Lennox asks state for new Values Fund terms (Marshalltown Times-Republican)
Although Lennox and the United Auto Workers Union accepted the terms of a five-year labor deal in the fall, the company has still yet to accept an offer of $6.6 million in forgivable loans offered by the state.

Detroit Auto Show: Honda sweeps North American Car and Truck

Detroit Auto Show: Honda sweeps North American Car and Truck of the Year (Autoblog)
Filed under: Detroit Auto Show , Sedans/Saloons , SUVs , Trucks/Pickups Honda's new Civic and Ridgeline truck were awarded the North American Car and Truck of the Year honors at the North American International Auto Show in Detroit Sunday. The other finalists in the Car of the Year category were Ford's Fusion sedan and the Pontiac Solstice roadster. The Ridgeline came out on top over the

IIHS's Top 10 Safety Picks
The Insurance Institute for Highway Safety picks the ten safest cars of the 2006 model year.
Perry Stern

Peugeot's China JV says 2006 sales to rise 43 pct (Reuters via Yahoo! Asia News)
SHANGHAI, Jan 9 (Reuters) - France's PSA Peugeot Citroen expects unit sales in China to rise 43 percent this year, banking on new models to entice more clients, a spokesman for the auto maker said on Monday.

Ford's Reflex: At the show pictures (Autoblog) Filed under: Concept

Ford's Reflex: At the show pictures (Autoblog)
Filed under: Concept Cars , LA Auto Show John got these shots from the North American International Auto Show in Detroit, Michigan. Except for the information from the press release there s been no additional information except the Reflex goes from 0-60 in less than seven seconds and get sixty-five miles per gallon. More pictures after the jump. Permalink | Email this

Ford Edge: At the show info and pics (Autoblog)
Filed under: Concept Cars , Detroit Auto Show Autoblogger John attended a presentation where Mark Fields, Executive Vice President, Ford Motor Company; President, The Americas, gave off the vibe that the Edge is VERY important to Ford's future, and that the company has a lot of confidence in the vehicle. He again emphasized that with the crossover utility market (CUV) is growing, Ford may

Detroit Auto Show: Nissan unveils Infiniti Coupe concept (Autoblog)
Filed under: Concept Cars , Detroit Auto Show , Coupes Infiniti unveiled its new Coupe concept in Detroit Sunday, and Erin was there to get the details. The concept was launched by Mark Igo, Vice President and General Manager of the Infiniti Division for Nissan North America. Designed by Nissan Technical Center (NTC) in Atsugi, Japan, the concept features a"seductive body design," - a

Detroit Auto Show: Ford Super Chief concept truck rolls out (Autoblog)
Filed under: Concept Cars , Detroit Auto Show , Hybrids/Alternative , Trucks/Pickups Posting furiously from the North American International Auto Show in Detroit, John sends us these pictures of the Ford Super Chief introduction. Ford's official press release about the multi-fuel truck is in our earlier post here , but Ford design guru J. Mays expanded a bit on the truck's design

Life since Bangle-butt: BusinessWeek interviews Adrian van Hooydonk (Autoblog) BusinessWeek

Life since Bangle-butt: BusinessWeek interviews Adrian van Hooydonk (Autoblog)
BusinessWeek recently created a new Autos channel on its web site, and we've been having a blast sifting through all the content up on the new corner of the site. One article of particular interest given the design hype that has come out of the LA Auto Show (and Chris Bangle's presence there) is BusinessWeek's interview with BMW Designworks president Adrian van Hooydonk. What's been on the

The Truth About Fuel Economy Ratings
If your new car's actual fuel mileage does not match the fuel economy numbers on the window sticker, it's not necessarily your car's fault.
Ann Job

Peek into the future of Nashville's economy in 2006 (Tennessean)
The local economy remains in generally good shape, and most economists expect moderate growth this year rather than a giant leap ahead. Nashville-area unemployment at 4.7% is slightly below the 4.9% U.S. average.

New hybrids rolled out, but will sales follow? (The Times)
DETROIT -- Automakers are rolling out several new hybrids at this year's North American International Auto Show as hybrid sales continue to grow at a phenomenal pace.

Road & Track's video of the new Chevy Camaro (Autoblog)
Filed under: Concept Cars , Detroit Auto Show , Coupes Listening to the narrative behind the Chevy Camaro video at the Road & Track web site ("GM has now taken the wraps off this Camaro concept, shown recently at the Detroit Auto Show"), R&T may have jumped the gun a little on uploading it to their web site, but we'll take it anyway. The video gives a short history of the Camaro

Celebrity rides (Autoblog)
Filed under: Aftermarket The LA Auto Show gets some car-loving celebs out to visit, so it's quite timely that MSNBC has done a feature on the sweet cars some celebs like Shaq and Missy Elliott drive -- and what they do to make those cars even better. Stephon Marbury of the New York Knicks worked with Star Motoring to build the Viant SLV 365, a Cadillac Escalade with a Rolls Royce Phantom