Fiat’s No Closer to Buying Rest of Chrysler

Despite reports in recent months that Fiat had been making moves to finalize the purchase of the share of Chrysler that it does not already own, Fiat and Chrysler CEO Sergio Marchionne said that the deal is not any closer to getting done. In fact, Marchionne said that he is instead focusing on getting ready […]

Ford Winning Market Share on the U.S. Coasts

  Ford Motors Co., most likely the most iconic automaker out of the Detroit Big Three, is not only enjoying a resurgence in America’s heartland, but also on both the West and East Coast. In the five years since Ford refused to take an auto bailout from the Feds, the company that Henry built has […]

Fiat Triples its Chrysler Dividend by Refinancing

Fiat S.p.A. has reportedly tripled the amount of the dividend it will receive from the Chrysler Group this year due to Italian automaker’s restructuring of its debt and the rewriting of the rules controlling the funding of the debt. Fiat currently owns 58.5 percent of America’s third largest carmaker. Unnamed insiders say that increase the […]

Goodbye Mate: Ford Leaving Australia

After 88 years Down Under, Ford Motor Co. has decided to take its shingle down and stop manufacturing cars and trucks in Australia. Citing increasing competition from loss-cost imports and Australia’s continued lack of roads, Ford executives say that it is no longer economically feasible to locally manufacture vehicles for the Australian market. In fact, […]

Will a Car Loan Hurt My Credit?

A new car loan, or any new loan for that matter, will negatively impact your credit score for a short period of time. Luckily, that short term drop in your score will reverse itself within 60 days. After 12  on-time payments, your score will increase above its pre-loan level. The initial drop comes from two […]

Drive a Small SUV, Die Horrible in Crash?

A recent report has come to a stunning, some would say even fiery, conclusion, small SUVs just aren’t all that safe. According to crash tests performed by the Insurance Institute for Highway Safety, only two of 13 small SUVs received “good” or “acceptable” marks in front-end crash tests with the 2014 Subaru Forester earning the […]

Can You Get a Car Loan with No License?

Getting a car loan without a drivers license is difficult. While a valid license is not required per se, it is one of the documents that you will be asked to produce during the application process. The Risks of Lending to an Unlicensed Individual Many lenders will not approve a car loan unless someone in […]

Honda Fit EV Lease Price Sliced by One-Third

Honda has slashed the monthly leasing price of its diminutive Fit electric vehicle from $389 to $259. This one-third reduction is offered with a three-year lease that has the additional benefits of having collision coverage, free routine maintenance, a free home charging station, requiring no down payment, and having no mileage limitations. The move was […]

Florida Automobile Fees May Drop to Historic Rates

Florida State Senator Anitere Flores has offered an amendment to House Bill 635 that, if it becomes law, will roll back automobile fees in America’s wackiest state.      The original bill that the Miami Republican attached the amendment to was a call for the ending of tax breaks that insurance companies have been enjoying […]

Mini Financial Services Unveils E-Contracting Platform

Mini Financial Services has launched a brand new e-contracted service for Mini dealerships in New Jersey to include at the storied Prestige Mini in Ramsey, N.J. Mini Financial Services says that its New Jersey efforts are just the beginning to its larger plan of eventually offering the e-contracting platform at every Mini dealership in the […]