May 04, 2012 PLANO, Texas — As both used- and new-vehicle sales moved higher in April, the gains didn’t translate into significantly more business at credit unions. Industry analysis from Catalyst Strategic Solutions showed credit union vehicle loans outstanding have decreased 2.2 percent so far this year with an 8.2…
Corvette convoy heads from Peoria to Memphis for a good cause
May 3, 2012 PEORIA, Ill — Gentlemen, start your engines! The first ever Peoria to Memphis Saint Jude Corvette drive took off on Wednesday morning. Nearly 40 corvettes revved up their engines in Washington this morning, before heading out to the Saint Jude Children’s Research Hospital. They’re driving the 930-mile…
Caught on camera: Parking lot owner takes customer’s Corvette out for joyride
If you’ve ever taken a cruise out of Port Canaveral you’ve probably seen the discount parking lots that will shuttle passengers to their ships. WFTV’s Jeff Deal has a startling investigation into one of those businesses. It will go from zero to 60 mph in 3.6 seconds. It is one…
Neil Armstrong’s 1967 Corvette Sting Ray for sale as ultimate barn find
By Justin Hyde | Motoramic This dusty, rough-looking example of a 1967 Chevrolet Corvette Sting Ray would draw a sizable amount of interest from any Corvette collector. It’s billing as the Corvette given to astronaut Neil Armstrong, then kept in a barn for a few decades until now, makes it…
GRANDAM: Angelelli, Taylor and Corvette win rain soaked Homestead race
Max Angelelli and Ricky Taylor won Sunday’s rain-shortened Rolex Sports Car Series Grand Prix of Miami at the Homestead-Miami Speedway. Angelelli started last in the nine-car Daytona Prototype field and worked his way up to third before handing the SunTrust Corvette over to Taylor on lap 21, during the third…
Corvette enthusiasts ready to show off their rides – Baltimore Pike, Middletown.
By JEFF WOLFEjwolfe@delcotimes.com @delcoreporter Some let life pass them by. Most try to navigate it the best way they know how. Others jump in and go for a ride. A little more than 100 area residents have chosen to ride through life in a vehicle they say offers dependability, security…
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…
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,…