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subprime loans

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    Report: Honda exec says US market near capacity, could hurt subprime buyers
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    Is there a point in the US auto industry where companies should start considering the welfare of their customers ahead of selling more cars? American Honda Executive Vice President of Sales John Mendel thinks that level exists, and we may be getting very close to it. According to Automotive ...

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    Report: Top ten cars bought by people who probably can't afford a car
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    Sub-prime borrowers are buying completely different cars than everyone else, at least according to data gathered by Carfinance.com. This financing company that specializes in helping "below-prime" borrowers finance their car purchases looked at data gathered from between October 2012 and March ...

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    Report: Chrysler sales growth fueled by subprime loans?
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    Automotive News reports Chrysler owes some of its recent sales success to a resurgence of subprime loans. Chrysler has a history of working with customers burdened with questionable finance histories, and lenders have begun to loosen credit restrictions. As a result, 29 out of every 100 auto ...

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