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Chevrolet Corvette Launches In South Korea

2012 Chevrolet Corvette Z06 (left) and Corvette ZR1 GM announced today its all-American supercar, the Chevrolet Corvette, will be sold in South Korea for the first time. The announcement comes after a less-restrictive trade agreement between South Korea and the U.S. took effect in March. The agreement will also see…

Ally’s Q1 Originations, Subvented Levels Tick Higher

April 27, 2012 NEW YORK — Along with commenting this week on Chrysler Group’s decision not to renew its current auto finance operating agreement, Ally Financial reported a rise in auto loan orginations as part of its first-quarter financial statement. Ally’s total first-quarter U.S. auto originations settled at $9.7 billion,…

Edmunds Posts Upbeat Used & New Sales Projections

April 27, 2012 | SANTA MONICA, Calif. Continuing a trend of optimistic April used- and new-vehicle sales projections, Edmunds.com shared its estimations on Thursday, predicting the month’s used sales total would be 3.63 million. Edmunds’ April used sales prediction translated into a used seasonally adjusted annual rate of 39.3 million,…