Average Car Loan Interest Rate Drops to Record Low
April 14, 2010 – The average automobile finance rate dropped to 4.4 percent in March, its lowest since 2002 when Edmunds.com began to track finance records. In March 2009, the average interest rate for the industry was 5.8 percent.

2011 Lexus CT 200h Compact Premium Hybrid Coming to America
March 22, 2010 – Lexus has confirmed that the Lexus CT 200h compact hybrid car will be offered for sale in the United States. The Lexus CT 200h, which is projected to become available in the first quarter of 2011, will join the Lexus HS as the second hybrid vehicle built specifically for the brand – the automobile does not share its platform with any other Toyota products.

GM unveils concept car
march 24, 2010 – GM showcased the EN-V, or “Electric Networked-Vehicle”, at a pavilion that it will share with its China joint venture partner, SAIC Motor Corp (600104.SS), during the World Expo to be held in Shanghai from May through October.

Volkswagen’s First Hybrid car – Touareg
march 23, 2010 – Volkswagen group will show off its first hybrid in New York City next week, a 2011 Touareg, and in effect usher itself into the new car market.

Honda’s Hybrid Shatters Sales Target in First Month
March 24, 2010 – Honda Motor Co. said orders for its new hybrid sports car exceeded its forecast by 10 times, quietly stealing the march from its main Japanese rival.

Debt Consolidation Loans May Boost Auto, Homeowners Insurance Rates
Are you considering a debt consolidation loan? Be warned: You might have to pay more for your auto or homeowners insurance. The two might not seem to be related. But many insurance companies consider the three-digit credit scores of their clients when deciding how much they’ll have to pay for their auto or homeowners insurance.

Chris Liddell Optimistic About Automaker’s Future
17 Mar 2010 – Two months into his job at the country’s largest auto maker he’s trying to steer a company from money-losing post bankruptcy status to profitable future as a publicly traded company.

Hacker Disables More Than 100 Cars Remotely
More than 100 drivers in Austin, Texas found their cars disabled or the horns honking out of control, after an intruder ran amok in a web-based vehicle-immobilization system normally used to get the attention of consumers delinquent in their auto payments.

Toyota Offers Discount Loans, Leases to Lure Back US Buyers
Mar 03, 2010‎ – Subsidizing a zero-percent, 60-month offer will cost about $4657 over the life of an average car loan at current auto-loan interest rates, Johnson sai

Big Three automakers all saw sales get boost last month
Mar 03, 2010‎ – Lutz also said that while the automaker is doing well, it is still working to pay back the US government billions of dollars in loan money. …

GMAC Pares Investment Portfolio To $12Bln From $25Bln
Feb 4, 2010‎ – GMAC also noted that it’s an active participant in the government’s loan-modification program, with over 32000 homeowners in the trial phase of making lower …

Toyota’s massive recalls
Feb 17, 2010‎ – A U.S. auto safety agency said Tuesday it has asked Toyota Motor Corp. to present necessary documents to show whether the Japanese automaker conducted a series of recent massive recalls “in a timely manner.”

Faulty Airbags – Honda Recalls 440000 Cars Worldwide
Feb 9, 2010‎ – Honda Motor Co has recalled another 440,000 cars worldwide for faulty airbags as Toyota Motor Corp faced further probes over the safety crisis in its car models.
According to Honda, the faulty airbags had previously been linked to one fatality and a total 11 injuries in the United States. However, no more accidents have been reported anywhere.

New 2009 & 2010 Car Prices, Reviews and Pictures
You can find new car reviews, car pictures, and car specs. You can compare cars, and get price quotes from local dealers

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