Home » Posts tagged with » Auto

GM posts sluggish Sept. sales, sign of slow autumn

General Motors says its sales sputtered in September, a sign that Americans are nervous about taking on debt to buy big-ticket items. Sales for the biggest U.S. automaker fell about 6 percent from August but were up 10.5 percent over September of last year. However, it was easy for sales to improve from last September.… Continue Reading GM posts sluggish Sept. sales, sign of slow autumn

General Motors Co. said Thursday it made $1.33 billion in the second quarter, a sign it’s getting healthier as it prepares to sell stock to the public. It was the second straight quarterly profit for the Detroit automaker, which made $865 million in the first quarter, and sets the stage for GM to file paperwork… Continue Reading GM posts $1.33 billion profit, a sign of strength

Continue reading …

Coloradoans buying a lot fewer new cars

Comments Off

New car and light truck registrations in Colorado totaled 104,540 in 2009, half the annual rate of a decade ago, according to the Colorado Automobile Dealers Association. The state saw 208,000 new-vehicle registrations in 2000, the association said in its “2009 Economic Impact Report.” The report says new-car dealerships generated $410 million in state and… Continue Reading Coloradoans buying a lot fewer new cars

Continue reading …

Auto loan delinquencies jump

Comments Off

NEW YORK (AP) – Those “green shoots” of economic rebound don’t yet have very deep roots. While some economic indicators are pointing to better days ahead, data shows consumers continued to struggle to make loan payments in the first quarter. The latest evidence showed in the rate of auto loan payments that were 60 days… Continue Reading Auto loan delinquencies jump

Continue reading …