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Auto news in brief: Credit union loans grow - Detroit Free Press
The incentives began in four states for GM and 12 for Chrysler last month as the automakers' finance arms struggled to make car loans to consumers, hurting sales. The new expanded programs will let customers get lower interest rates or pare monthly ...
Read more...Rochester-area companies still hiring, just not as much as in past - Democrat and Chronicle
When he graduated from Rochester Institute of Technology in 1978, Donald Riley had his pick of half a dozen job offers, several from big-name companies. On Thursday, the 52-year-old from Rochester was standing elbow to elbow in a Henrietta hotel ...
Read more...AIG’s Rebranded Auto Unit May Be Among First Sold, Analysts Say - Bloomberg
Jan. 7 (Bloomberg) -- American International Group Inc., the insurer that renamed its U.S. auto business this week to prepare the operation for potential buyers, may find that unit among the easiest to sell, analysts said. Zurich Financial Services ...
Read more...Obama message tells of hope for Michigan - Detroit Free Press
WASHINGTON -- With President-elect Barack Obama calling Thursday for "a new spirit of responsibility" to stave off a lingering recession, Michigan officials pushed for his sweeping recovery plan to include money targeted for manufacturing that could ...
Read more...What if 10 million vehicles sales is the new normal? - Bloggingstocks.com
Two years ago, over 16 million light vehicles were sold in the US. Last year, the number was only 13 million. The sales rate for last month, based on the numbers reported yesterday, was below 10 million vehicles on an annualized basis. So, what is ...
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