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700 Auto Dealerships Likely To Close This Year - Azcentral.com
detroit - the chairwoman of the national automobile dealers association says the credit crunch and economic problems are likely to cause 700 auto dealers to go under this year. speaking to the automotive press association in detroit, annette sykora ...
www.azcentral.com

There Is No Auto Credit Crisis
i"you have to just about be walking on water to get financed but even with our prime customers, banks are looking for a reason to say no." -- autonation ceo michael jackson, the wall street journal, october 2008
news.yahoo.com

Need An Auto Loan? Expect Closer Scrutiny
despite reports of financing problems in larger markets across the country, local car buyers with good credit should have no problem getting auto loans, springfield automobile dealers and banks say.
www.sj-r.com

Wall Street Reacts Cautiously, Futures Pull Back, After Senate ... - Chicago Tribune
new york (ap) _ financial markets reacted cautiously to the senate's passage of the banking bailout plan late wednesday, with stock index futures falling and indicating a drop when trading resumed thursday. there was no discernible change in the ...
www.chicagotribune.com

The Squeeze On Getting A Car Loan - Cnn Money
new york (cnnmoney.com) -- a massive pile-up in the credit markets is causing serious congestion for new car buyers who want financing, according to industry observers. but some dealers say they're still able to work out deals. "credit availability ...
money.cnn.com

Running Out Of Gas? Credit Crunch Hits Dealers
tightened lending requirements hurt vehicle sales and could bury 700 new-car franchises, but some local dealers said people with good credit still can get loans, making now the time to buy both cars and dealerships.
www.clarionledger.com

Pa. Auto Dealer Faces Tough Times As Economy Sours
allentown, pa. — one by one, pennsylvania auto dealer bill rosado ticks off the mistakes he made this year. employed too many people. stocked too much inventory. spent too freely on advertising.
www.dailyamerican.com

Aig Shares Fall As It Tries To Shore Up Books - Boston Globe
new york— shares of american international group inc. fell tuesday as investors questioned whether the huge insurer would come up with more money to stay in business and avoid igniting even more global financial turmoil. a cnbc report saying the ...
www.boston.com

Credit-rating Clout - Forbes
people have become increasingly dependent on credit . therefore, it's crucial that you understand personal credit reports and your credit rating (or score). recession dead ahead? keep your portfolio on track with 12 recession beaters for 2008. click ...
www.forbes.com

Credit Crisis Cramps Car Sales
the credit market crisis is starting to put the brakes on car sales as more potential buyers are rejected for loans or receive loan terms they can’t afford.
www.metrowestdailynews.com

Auto Stocks Hit New Lows
wall street got it bad monday -- but auto stocks got it worse -- as investors around the world realized that the global financial crisis they feared has arrived and will stay for a while.
www.detnews.com

Car Dealers Face The Grim Reaper - Cnn Money
new york (cnnmoney.com) -- if you want to see how america's credit crisis is hitting the streets of your hometown, go to your local car dealer. auto dealers depend on credit. they need it to run their stores and their customers need it to buy their ...
www.cnn.com

Paris Scepticism At Detroit Bail-out - Bbc News
car industry executives at the paris motor show have kept their eyes firmly on developments across the pond this week. first off, president george w bush signed legislation that gives us carmakers access to $25bn (£14bn) of cheap government-backed ...
news.bbc.co.uk

Gm, Ford Stocks Hit New Lows
washington -- auto industry stocks sank to new lows monday, outpacing wall street's heavy losses on concerns about the world credit markets.
www.detnews.com

Stocks Gain On Fed Move
the federal reserve's unusual move to ease credit for businesses lifted u.s. stocks at tuesday's open.
money.cnn.com

Bill Heard Closing Auto Dealerships - Everything Alabama Blog
bill heard chevrolet has closed its huntsville dealership and 12 others effective immediately. the columbus, ga.-based parent company, bill heard enterprises, issued a statement this afternoon that blamed a difficult business environment and said it ...
blog.al.com

Gmac's Future May Hinge On Inclusion In U.s. Rescue (update2) - Bloomberg
sept. 25 (bloomberg) -- gmac llc's best chance of riding out the financial crisis intact may involve the lender finding its way into the u.s. government's $700 billion bank-rescue plan, analysts say. while treasury secretary henry paulson and federal ...
www.bloomberg.com

Credit-worthy Borrowers Ok
good job, good credit, no problem! despite weeks of incessantly negative news about the nation’s economy, stock prices jerking violently up and down and lenders seeming to have gone into hiding, consumers who want to buy a car or a house should be able to get a loan, as long as they have a job and a good credit score, say those whose livelihood depends on a vibrant credit market.
www.nhregister.com

Credit Crisis: Car Dealers Squeezed From All Sides
if you want to see how america's credit crisis is hitting the streets of your hometown, go to your local car dealer. auto dealers depend on credit. they need it to run their stores and their customers need it to buy their products.
biz.yahoo.com

Aig In Focus As Financial Meltdown Spreads - Msnbc
new york - shares of american international group inc. fell tuesday as investors questioned whether the huge insurer would come up with more money to stay in business and avoid igniting even more global financial turmoil. aig is looking for financing ...
www.msnbc.msn.com