GM to Resume Making Subprime Car Loans

If in doubt, sell your cars to anyone willing to buy them, even if they haven’t demonstrated the ability to pay in the past.
That’s what GM is doing, after sales plummeted 51 percent in the first two months of the year.
The company’s partially-owned financial unit GMAC has announced it will ease auto financing requirements, allowing [...]

Posted Under: Car Leasing News
This post was written by admin on April 7, 2009 Comments (0)

Hummer Brand to Be Sold or Shut Soon

Love ‘em or hate ‘em, the Hummer brand may be no more as GM looks to restructure itself to avoid complete collapse.
The oversized sport-utility vehicles fell out of fashion a few years back as gas prices skyrocketed, turning favor toward more economical choices like the Toyota Prius.  Check out the top ten most fuel efficient [...]

Posted Under: Car Leasing News
This post was written by admin on April 1, 2009 Comments (0)