Aug 14, 2012 Banks are willing to lend to buyers with subprime credit ratings again. Now you can be underwater on your car as well as your house.
Aug 14, 2012 The new numbers out on the eurozone weren't as abysmal as expected, but they're not good either.
Aug 14, 2012 Happiness is relative in Europe these days: Investors are cheering news the euro area's top economies did not turn in the abysmal results many had expected. Instead, things are just "garden-variety" bad.
Aug 1, 2012 Chrysler's sales surge and buoy Fiat, the company that rescued it. The reversal reflects the relative strength of the U.S. economy over Europe.
Aug 1, 2012 Chrysler says this morning it sold more cars this July than it has in five years. Volkswagen and Nissan also reported stronger U.S. sales numbers. Expect consistent sales for the coming year as reliable models like the Honda Accord come in high volumes in 2012.
Jul 31, 2012 The lending market for vehicle loans has softened, helping to drive car sales. Some lenders are even courting subprime borrowers.
Jul 24, 2012 A number of Southern Italian cities, including the entire province of Sicily, are on the verge of bankruptcy.
Jul 24, 2012 Spain's borrowing costs are up to 7.5 percent -- the higest since it joined the euro. As a result of the regional crisis, Moody's announced today that it is poised to lower Germany's credit rating to AA.
Jul 24, 2012 Moody's Investors Service has lowered the outlook for the credit ratings of three of Europe's strongest economies: Luxembourg, the Netherlands and Germany. It's part of a busy day in Europe that has investors on-edge -- markets there are barely moving.