Finance & Insurance

Make GMAC a captive again? Treasury won't push the idea

12:01 am U.S. ET | March 22

If GMAC is to become a captive finance company again, it won't be the government doing it. A congressional panel recommended that the U.S. Treasury Department consider merging GMAC Inc. back into General Motors Co., an idea pushed by some investment analysts. But Treasury declined to get involved.... Read More »

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Ford, Honda, VW have fewest extended service claims, study says

12:01 am U.S. ET | March 17

Certain Fords, Hondas and Volkswagens were the most dependable vehicles covered by their contracts, according to a study by the extended service contract administrator Warrantech. "The more reliable vehicles require less insurance reserves.... Read More »

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GMAC has raised $7.1 billion selling securities, bonds

4:17 pm U.S. ET | March 17

GMAC Financial Services this week is raising nearly $1 billion selling retail auto loans as securities.... Read More »

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Subprime lender AmeriCredit says don't come in, the water is fine | March 10

Lear seeks to raise $450 million in new financing | March 17, 3:25 pm U.S. ET

GMAC says fraud hurt former insurance unit | March 17, 12:01 am U.S. ET

GMAC will be Saab's preferred lender | March 15, 2:28 pm U.S. ET

Is it too late for Ford to keep Volvo? | March 15, 12:01 am U.S. ET

Lenders steer clear of dealership mortgages | March 15, 12:01 am U.S. ET

Congressional panel urges breakup of GMAC | March 15, 12:01 am U.S. ET

How do buyers feel about doc fee? | March 15

Congressional panel says GMAC has no business plan, suggests break up | March 11 | UPDATED: 3/11/10 4:55 p.m. ET

Banks dominate auto finance, overtaking captives | March 11

Customers' driver's licenses pose hidden threat to dealers | March 10

Trial is reset for defunct tire-program vendor | March 10

Sales

European sales up 3% in Feb., but gains fading

12:01 am U.S. ET | March 22

European auto sales rose 3 percent in February -- but it's the smallest monthly gain since last June, when many governments introduced big cash-for-clunker-style incentives to help struggling manufacturers. February sales in 28 European markets barely topped 1 million units.... Read More »

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Dealers

Suzuki offers to buy out its weaker dealers

12:01 am U.S. ET | March 22

American Suzuki Motor Corp. is offering to buy out its lowest-volume dealers to get them to walk away from their troubled franchises. But executives insist, despite plunging sales, that Suzuki has no plans to leave the United States.... Read More »

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Marketing

Toyota's spiffs: Sales, with a risk

12:01 am U.S. ET | March 22

Toyota's aggressive new-car incentives have spurred sales this month but also have eroded prices for the brand's late-model used cars and threaten to undercut one of the company's greatest assets: pricing power.... Read More »

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Remarketing

Auction sales off 6% in 2009

12:01 am U.S. ET | March 22

Dealers bought almost 9 million vehicles at National Auto Auction Association member auctions in 2009, down 6 percent from 2008, according to the group's 13th annual survey.... Read More »

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Service & Parts

GM recalls Chevy Cruze, Captiva in South Korea

12:16 am U.S. ET | March 21

General Motors Co.'s South Korean unit plans to recall about 60,000 units of the Chevrolet Cruze and Captiva in South Korea, the government and the company said today.... Read More »

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NADA

Store profits up in '09; cost cuts help offset weak revenues

12:01 am U.S. ET | March 1

The average U.S. dealership's profits rose sharply last year despite lower overall revenues and fewer unit sales industrywide. The average dealership's net pretax profit margin rose to 1.5 percent in 2009 from 1.... Read More »

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