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October, 2008 Archive

Avoid the Credit Crunch with Help from GMAC

Friday, October 31st, 2008 by Steve Cypher

In a program that began earlier this month, GMAC is offering qualified buyers incentivized financing on select GM Certified Used Vehicles. (more…)

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Consumer Confidence Key to Auto Sales

Thursday, October 30th, 2008 by Steve Cypher

No less an automotive luminary than Roger Penske believes that the current downtown in vehicle purchases has more to do with perceptions of the economy than in lack of credit from lenders. (more…)

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FTC Calls Economic Climate a Phishermans Special

Wednesday, October 29th, 2008 by Steve Cypher

According to the Federal Trade Commission, the current economic climate has contributed to new schemes from phishers intent on stealing your personal financial data. (more…)

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FTC – Avoid Fake E-mails Tied to Bank Mergers

Tuesday, October 28th, 2008 by Steve Cypher

In a recent press release, the Federal Trade Commission issued a warning to Web users to be on guard for spam relating to the Wall Street crisis. (more…)

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The Financial Rescue Package and Car Loans

Monday, October 27th, 2008 by Steve Cypher

Recent comments made by White House spokesperson Dana Perino at a press conference today indicate that the captive finance companies of the domestic automakers could apply for aid from the financial rescue package passed by Congress on October 3rd. (more…)

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GM Brings Back Employee Pricing

Friday, October 24th, 2008 by Steve Cypher

In an effort to boost sales in what is sure to be a very disappointing sales month, General Motors revives its employee pricing program – but this time it will be harder to get. (more…)

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Michigan Delegation wants to help you buy a car

Thursday, October 23rd, 2008 by Steve Cypher

In the latest move to restore liquidity to the automobile industry, the Michigan Congressional Delegation calls on the Secretary of the Treasury and the Fed Chairman to take the necessary action to protect the domestic auto industry. (more…)

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Consumer Reports Lists Credit Cards for the Current Economy

Wednesday, October 22nd, 2008 by Steve Cypher

In its current issue, the Younkers, New York-based consumer watchdog organization names the 12 best and 3 of the worst credit cards for consumers. (more…)

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Ford Motor Credit says Auto Loans Still Available

Monday, October 20th, 2008 by Steve Cypher

In an effort to offset the negative press surrounding the GMAC announcement, Ford Motor Credit seeks to reassure dealers and customers that it is still willing to lend to customers. (more…)

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Texas Dealer Takes Advantage of the Credit Crunch

Friday, October 17th, 2008 by Steve Cypher

In a unique approach to customer incentives that includes taking advantage of low stock prices, one Texas dealer is offering customers 50 shares of General Motors stock if they buy a new car by October 31st. (more…)

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