Posted in auto loan, Automotive, Chrysler, GM on Oct 28th, 2009
GMAC Financial Services is in talks with the Treasury Department for another infusion of taxpayer money. GMAC, which provides auto loans and leases to car shoppers, faces a November deadline to raise an $11.5 billion capital cushion mandated by results of the government’s stress test, the AP reports. The government gave stress tests to 19 […]
About 789 Chrysler, Jeep and Dodge dealerships closed in June as part of Chrysler’s Chapter 11 bankruptcy filing. Now, about 40 more could close due to a conflict between Chrysler Financial and GMAC, the Detroit Free Press reports. According to the National Automobile Dealers Association, these dealerships, which are considered viable, could lose their floor […]
Posted in Automotive, Chrysler, Ford, GM, Incentives on Oct 4th, 2009
October is a good month to be a car shopper. If you’re going to finance a new car in October, you should definitely check out what the domestic automakers have to offer. All three of the American car companies are offering 0% interest car loans on most of their models. GM is offering 0% financing […]
The Ram has been Dodge’s pickup brand for a long time, and has become synonymous with powerful, feature-packed trucks. Right now, the Ram name is found on all of Dodge’s ½ ton and larger pickup trucks. That could all change soon though. According to Inside Line, the Ram name will likely soon be separated from […]
Posted in Automotive, Chrysler on Sep 17th, 2009
Fiat recently agreed to take over control of Chrysler in order to rescue the company from liquidation and provide an outlet for Fiat’s cars in America. Now it turns out that Fiat didn’t even bother to do a few Google searches before agreeing to the deal. Fiat’s CEO told reporters that the situation at Chrysler […]
Posted in Automotive, Chrysler, Ford, GM on Sep 3rd, 2009
With cash for clunkers over, carmakers are hoping to continue the high sales they saw last month by offering some great incentives on their new cars and trucks. We’re going to break down the best incentives being offered in the month of September by American car companies. If you’re looking for a new car this […]
Posted in Automotive, Chrysler, Dodge, Incentives, Jeep, Rebates on Jul 22nd, 2009
Chrysler Group LLC announced a new incentive program Wednesday, called “Double CA$H For Your Old Car”. Just two days before the CARS rebate program is expected to be finalized by the government, Chrysler is offering a tempting $9,000 rebate for those who qualify for the cash for clunkers incentive. Even buyers who aren’t trading in […]
Posted in Automotive, Chrysler, Dodge, Sports cars on Jul 13th, 2009
Chrysler Group LLC announced Friday that production of the Dodge Viper SRT10 will continue. Chrysler said in a statement that it is “no longer pursuing a sale of the Viper business assets.” The Viper’s production was scheduled to stop in December 2009, but will continue at the Chrysler Group Conner Avenue Assembly Plant. The plant […]
Posted in Automotive, Bankruptcy, Chrysler, Cost of Ownership, GM, Recalls, Safety on Jun 23rd, 2009
A report by Safety Research and Strategies says that more than 3,400 Americans will be injured or killed by defective GM and Chrysler products in the first year after bankruptcy. Since Chrysler and most likely GM won’t be held liable for any defects on vehicles sold before their bankruptcies, all those people will have nobody […]
Posted in Bankruptcy, Chrysler, Dodge, Quality on May 19th, 2009
Chrysler customers who are owed money by Chrysler under lemon laws are finding that, even though they have reached an agreement with Chrysler, they can’t get a refund or settlement. Chrysler’s checks to lemon law customers are bouncing due to the company’s bankruptcy, the L.A. Times reports. Since Chrysler filed for bankruptcy, all of its […]
{/literal}