American Auto Loans hit Record Levels

American Auto Loans hit Record Levels
Share this Article
No, you’re not imagining things. Both new- and used-vehicle prices are on the rise and American motorists are paying more than ever to purchase cars and trucks. Continue Reading...

Chinese Company Wins Auction for A123 Systems

Chinese Company Wins Auction for A123 Systems
Share this Article
A year riddled with controversy for electric cars is winding down, but not without at least one more flare up — Chinese firm Wanxiang Group won the bidding war for A123 Systems. Continue Reading...

Chrysler To Re-Finance Debt, Pay Loans

Chrysler To Re-Finance Debt, Pay Loans
Share this Article
Chrysler is preparing to pay back $6.6 billion on government loans, but the company will do so not from its own cash but by re-financing existing debt. Current terms of the government loans have Chrysler paying 12 percent interest per year. While Chrysler would not be out of debt, they would theoretically free themselves from… Continue Reading...
x

Subscribe to our email newsletter and automatically be entered to win.