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…
Capital One Strengthens Q1 Auto Originations, Charge-Offs and Delinquencies
April 30, 2012 McLEAN, Va. — Capital One’s auto business posted positive developments in numerous auto finance areas during the first quarter, including originations, charge-offs and delinquency rates. According to the company’s recently released financial statement, Capital One’s first-quarter auto finance originations came in at $4.3 billion, up 19.1 percent…
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,…
Top 6 things to do after a car accident
By: Tony DAM Although you do your best to drive defensively, it’s still smart to know what to do just in case you end up in a collision. Crashes can be very scary, but here are some tips if one happens to you: After a crash, a…
Kelly Blue Book is cautioning you don’t “overpay” for fuel-efficient vehicles
Though high fuel prices have made these compact and subcompact gas sippers a hot seller and an attractive option for many consumers, Kbb.com contends “with so many new and redesigned subcompact and compact offerings available today, consumers will have little reason to pay close to sticker for a one- or…
2012 Volkswagen Golf R Five-Door
—Half Moon Bay, California The great thing about a competitive market is that it often serves up a multiplicity of choices, some of which are targeted rather narrowly. This willingness to aim at niches is particularly helpful to enthusiasts because enthusiasts are a relatively small, albeit influential, minority of car…
The 36th Annual Corvettes Unlimited Show was held at Bill Jacobs Joliet on April 15th and was a huge success
JOLIET, Ill., April 20, 2012 /PRNewswire-iReach/ — The 36th Annual Corvettes Unlimited Corvette Show and Corral hosted by Bill Jacobs Joliet last weekend was a huge success. The Chicago area Chevy dealership had many attendees at the show and there were plenty of Chevrolet Corvettes to check out as well….
2012 C4 Corvette Gathering at National Corvette Museum May 17-19, 2012
The National Corvette Museum is the host site as the ZR-1 Net Registry http://www.zr1netregistry.com/, and the Grand Sport Registry http://www.grandsportregistry.com/, present the C4 Gathering. Open to all those interested in the 4th Generation Corvette, these two organizations are working to bring participants activities, seminars, and information specific to their interest…
Car Credit market is easing – VW Credit To Expand Libertyville Facility
April 23, 2012 LIBERTYVILLE, Ill. — VW Credit revealed late last week that is has broke ground for a 30,000-square-foot expansion of one of its Illinois facilities. Through 2018, the multimillion-dollar expansion will bring more than 150 new jobs to the Libertyville area, officials noted. And the VCI Libertyville facility…