Turns out car dealers don't make that much money when they sell you a new car. Car dealers made an average of $23 for every new car they sold in 20...
HuffingtonPost.com | Sharon Silke Carty | Posted 03.14.2012
Oliver Eikenberry was initially very happy with the slightly used 2009 PT Cruiser he bought three years ago. He got a car he liked and a monthly payme...
AP | JENNIFER C. KERR | Posted 05.14.2012
WASHINGTON — Beware of car dealer ads that promise to pay off the loan on your trade-in. In a first-of-its-kind case, the Federal Trade Commiss...
AP | TOM KRISHER | Posted 10.18.2011
STERLING HEIGHTS, Mich. — Jeff Swanson was in the market for a new car just a few weeks ago. Then the stock market went crazy. So Swanson, 25, ...
AP | DEE-ANN DURBIN and TOM KRISHER | Posted 05.25.2011
DETROIT — For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash ...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
Wall Street has found itself battling auto dealers in a last-ditch effort to block an amendment opposed by big banks from coming to the Senate floor. ...
Gary Rivlin | Posted 05.25.2011
As early as Thursday, the Senate will consider an amendment by Sam Brownback of Kansas that would exempt auto dealers from a proposed new consumer financial protection bureau.
Wall Street Journal | DAN FITZPATRICK and DAMIAN PALETTA | Posted 05.25.2011
The U.S. government is likely to inject $2.8 billion to $5.6 billion of capital into the Detroit company, on top of the $12.5 billion that GMAC has re...
HuffingtonPost.com | Ryan Grim | Posted 05.25.2011
Newspapers just can't catch a break. Even the decisions last week by General Motors and Chrysler to close nearly 2,000 auto dealerships will dispropor...
HuffingtonPost.com | Sharon Silke Carty | Posted 03.26.2012