Car loans hard to come by, forcing used car salesman to make adjustments (49 ABC News Topeka)

The credit crunch is halting loans, putting a dent in U.S. car sales. Last month, sales dropped nearly 27%. 49 News Reporter Marshanna Hester explains what one used car salesman is doing to fight the financial crisis and what you can do if you're in the market for a car loan.

Wilson: Loan plan necessary (The Times Leader)

U.S. REP. Charlie Wilson (D-18th) was in Bridgeport Wednesday, explaining his stance on the latest proposal to loan hundreds of billions of dollars to financial institutions, saying the loans are necessary to keep small businesses open and to keep lines of credit available for consumers.

Credit mess may dent car-loan hopes (Akron Beacon Journal)

The credit crunch that's rocked stock markets can affect your ability to get a car loan and what you pay. Auto dealers say loans are tougher to get, but are still available. They also say the leasing business that began changing a year ago is still suffering.

Car dealers face the grim reaper (CNN Money)

If you want to see how America's credit crisis is hitting the streets of your hometown, go to your local car dealer. Auto dealers depend on credit. They need it to run their stores and their customers need it to buy their products. From every angle, credit trouble hurts.

First Cash ends used-car venture (Fort Worth Star-Telegram)

By JIM FUQUAY First Cash Financial Services of Arlington said Tuesday that it will end a two-year venture into the used-car sales and finance business, a move that will produce an after-tax write-down of $52.5 million in the third quarter just ended. First Cash, whose principal business is its chain of more than 500 pawnshops and consumer lending stores, had previously reported that its Auto ...

The Difference Between a Loan and a Bailout (Blogcritics.org)

There's a huge difference between a loan and a bailout. Drowned out by the din of Beltway big shots and Wall Street haggling over their financial package this weekend, Congress managed do something constructive. They passed a $25 billion loan package to the Big Three on Saturday. The automakers are going to use the money to retool existing factories for the production of fuel efficient ...

(AFX UK Focus) 2008-10-01 12:27 UPDATE 1-French Sept new car sales up 8.4 pct (Interactive Investor)

PARIS, Oct 1 (Reuters) - French new passenger car sales rose 8.4 percent in September over the same month last year for rise of 3.4 percent in the first nine months of the year, defying a downturn in the rest of Europe amid consumer tax breaks, carmakers said on Thursday. The rise represents a turnaround after a 7 percent drop in August but still equates to a 1.4 percent fall from September last ...