Posted in Automotive, Hybrids, Toyota on May 15th, 2008
The Toyota Prius, which was first sold in Japan in 1997, is the world’s first gas-electric hybrid vehicle to hit the one million mark in sales. Toyota says that 1.028 million Prius vehicles have been sold globally as of the end of April. The Prius is sold in 40 countries and regions. The car, once […]
Posted in Automotive, Ford, Lincoln, Recalls on May 14th, 2008
Ford is recalling more than 650,000 F-150 and Lincoln Mark LT trucks to fix a hose that could affect the vehicles’ braking power, reports the AP. Included in the recall are the 2005-2006 versions of the trucks with 5.4 liter 3-valve engines. There have been 11 minor accidents and no injuries related to the problem, […]
Posted in Automotive, Safety on May 14th, 2008
The ultra-compact Smart ForTwo car is so tiny that many wondered how it would hold up in a massive crash. Well, the ForTwo has passed the safety tests with good grades. It earned the Insurance Institute for Highway Safety’s highest rating, good, in front and side impact crash tests. The car’s seats and head restraints […]
Posted in Automotive on May 13th, 2008
The Commerce Department reported today that retail sales have decreased by 0.2% in April. But, if you take out auto sales, the retail sales number actually increased by 0.5%. Retail store sales, excluding auto sales, beat the projected percentage increase, reports CNNMoney.com. Sales were projected to increase 0.2%, so the 0.5% increase definitely surpassed that […]
Posted in Bad Credit, Financing on May 13th, 2008
Yes, you read the headline right. Web loans with 842% interest rates do exist, with some even as high as 2,000%. I know what you’re thinking. Who in their right mind would apply for a loan with such a ridiculous interest rate? The majority of those who are using online loan services don’t have the […]
Saab is recalling 57,389 9-5 series cars from the 2002-’08 model years to install new A-pillar trim with “improved energy-absorbing capability.” The federal government reports that the affected vehicles failed to comply with one of the government requirements for occupant protection during “interior impact.” The recall is not expected to kick off until September, according […]
Posted in Automotive on May 12th, 2008
Nick Hogan, the 17 year old son of professional wrestling icon Hulk Hogan, was sentenced to eight months in jail on Friday for causing a car crash in which his passenger suffered severe head injuries. The sentencing only seemed to trigger even more rage as people are saying that his punishment was to easy because […]
Posted in Automotive, car shopping, Financing on May 12th, 2008
SANTA MONICA, Calif.–(BUSINESS WIRE)–Edmunds.com, the premier online resource for automotive consumer information, today announced the launch of the Edmunds.com Savvy Shopper Sweepstakes (at http://www.edmunds.com/promotions.html), which will award up to $3,500 to winning entrants who demonstrate their ability to accurately research and price selected vehicles. “Anyone who ever plans to buy a car should be familiar […]
Posted in Auto loans, Automotive, Financing on May 12th, 2008
If you think co-signing an auto loan for a friend or relative is no big deal and you’re just trying to help them out, you’re wrong. New scams target co-signers to make them the primary person on the auto loan. With a quick paperwork change, the co-signer can actually become the loan holder and the […]
Posted in Automotive, Toyota on May 12th, 2008
Toyota’s plans for a new assembly plant being built in Blue Springs, Miss., are now delayed because of concerns about slow U.S. auto sales and a general slow economy. The plant was slated to open by late 2009 or early 2010, but will now be pushed back to mid-2010, reports the AP. The automaker is […]
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