Auto buyers prefer quality over anything else

Dec 23, 2011 Randy Mosteller

While consumers became noticeably more frugal as a result of the recession, car buyers are beginning to swing the pendulum back toward quality as their top concern.According to a survey conducted by CarMax, 45 percent of Americans who have


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Sub-prime lending returns to auto financing market

Dec 22, 2011 Randy Mosteller

While it's true that auto sales have spiked in recent months, the reasons for the uptick may not be as obvious. Consumer sentiment is certainly behind some of the improvement, but the return of sub-prime lending in the auto industry may


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Europe casts shadow over improving U.S. auto market

Dec 22, 2011 Randy Mosteller

The American automotive industry is facing a tremendous amount of uncertainty in light of the growing European debt crisis. Despite the threat, conditions have actually begun to show marked improvements, driven in large part by captive finance


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String of reports point to improvements in auto financing

Dec 21, 2011 Randy Mosteller

The U.S. auto industry has taken quite a hit in recent years, as consumers reined in their car purchases and producers were forced to send critical factory jobs to overseas markets. However, a slew of data released within the past few months


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Government to increase oversight of short term financing agencies

Dec 20, 2011 Randy Mosteller

Government to increase oversight of short term financing agencies

As the White House aims to regulate non-bank financial agencies, U.S. Senators are considering the nomination of Richard Cordray to act as head of the Consumer Financial Protection Bureau, Inside Arm reports. According to the recently released


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