AMERICAN HONDA AUTO FINANCE NEWS & INFORMATION
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Wednesday, October 15, 2008
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LATEST AMERICAN HONDA AUTO FINANCE NEWS:
U.S. Auto Sales Rate May Skid to Lowest Since 1983 (Update2)
Oct. 14 (Bloomberg) -- U.S. auto sales this month may fall to their lowest rate in at least 25 years as showroom traffic slows, particularly for General Motors Corp. Fitch Affirms 6 Honda Auto ABS Deals NEW YORK----Fitch Ratings has affirmed the following asset-backed notes from the six Honda Auto Receivables Owner Trust transactions listed below: Credit score of 700required by GMAC Credit score of 700 required by GMAC GMAC LLC, the consumer finance arm of General Motors Corp., will limit auto loans to customers with credit scores of at least 700, making it harder for some customers to buy a car or truck. end of US power vs rising China: Chinese multinationals, hightech, travel, outsourcing job Is global financial crisis reshaping world politics, finance, banking, trade and outsourcing? Profiting from rising Chinese trade, yuan and stock market? How do over a half million international companies make profits in China? Honda To Resurrect S2000...As The S3000? Auto enthusiasts the world over still lament the demise of the Honda (Acura) NSX. And legions of import tuners are still tweaking and lowering their second-gen CRXs, another Honda that was embraced by enthusiasts and promptly left a huge void when it departed in the early 1990s. Enter the rumored S3000, which is part secretive .. GM closing two plants; 2,700 workers will lose jobs General Motors' efforts to hoard cash and outlast a prolonged economic slump claimed the jobs of more than 2,700 workers Monday as the automaker announced the demise of factories in Michigan and Wisconsin. Despite economy, dealerships are still moving autos With a shaky economy and credit crisis, many budget-constrained consumers are postponing buying that shiny new sedan, SUV or sports car they've been eyeing on the road or in TV/newspaper ads. |







