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Do we need both Hertz and Dollar Thrifty?

Aug 27, 2012
The separate brands are expected to survive a merger of their parent companies.
Posted In: Hertz, Dollar Thrifty, Auto, Mergers and Acquisitions

China's latest export: Cars with asbestos parts

Aug 15, 2012
Australia has told big Chinese automakers Chery and Great Wall to recall thousands of vehicles after discovering asbestos in their auto parts.
Posted In: China, Auto, Australia

Car buyers borrow more, for longer terms

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.
Posted In: Auto, car, lending, underwater car

Chrysler now rescues its savior: Fiat

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.
Posted In: Europe debt crisis, Chrysler, Fiat, Auto

Car sales expected to remain strong

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.
Posted In: Auto

Car loans becoming easier to get

Jul 31, 2012
The lending market for vehicle loans has softened, helping to drive car sales. Some lenders are even courting subprime borrowers.
Posted In: auto loans, Auto

GM shareholders meeting could focus on sagging stock

Jun 12, 2012
When the government divests more than 500 million shares of General Motors, stock acquired in the bailout deal could affect the price.
Posted In: Auto, General Motors, GM

Moody's upgrades Ford debt

May 23, 2012
Six years ago, Ford lost billions when SUV sales stalled. It borrowed billions, and put up factories and its famous trademark as collateral. After a major restructuring, the automaker has earned an investment-grade rating from Moody's.
Posted In: Moody's, Ford, Auto

Moody's raises Ford back up to investment grade

May 22, 2012
The carmaker survived the recession by selling all its assets back in 2006, and now it's able to get it all back.
Posted In: Auto, Ford

Democrats campaign on auto bailouts

May 16, 2012
Vice President Biden is in Ohio to tell voters the bailouts brought back jobs to the state.
Posted In: Auto, 2012 campaign

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