Credit-worthy borrowers OK (New Haven Register)

Good job, good credit, no problem! Despite weeks of incessantly negative news about the nation’s economy, stock prices jerking violently up and down and lenders seeming to have gone into hiding, consumers who want to buy a car or a house should be able to get a loan, as long as they have a job and a good credit score, say those whose livelihood depends on a vibrant credit market.

Rising finance costs threaten to put the brakes on car dealers struggling to stay profitable (Minneapolis-St. Paul Star Tribune)

NEW YORK - Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential buyers worried about whether they'll keep their jobs, be able to pay for gas, or qualify for a car loan.

Credit crisis adds to pressures on auto dealers (Lexington Herald-Leader)

Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential buyers worried about whether they'll keep their jobs, be able to pay for gas, or qualify for a car loan. For auto dealers already suffering under the worst U.S. sales downturn in 15 years, the increasing cost ...

Student, car debt quietly added to bailout plan (The Washington Times)

In the dark of a night when most people were snoozing, the Treasury dramatically expanded its bailout plan to include buying student loans, car loans, credit card debt and any other "troubled" assets held by banks.

Credit squeeze hits car sales (New Kerala)

By Varada Bhat, Mumbai, Oct 5: Retail car sales by the Indian automobile industry have been hit hard by the squeeze on retail financing as banks have stopped hardselling car loans in the current economic climate, say auto industry representatives.

GM unveils Volt electric car (Autonet.ca)

General Motors Corp. chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said turmoil in financial markets should not affect government loan guarantees that would help the auto industry develop high-tech vehicles.

Tight Credit Crimps New Car Sales (Channel 8 San Diego)

Stocks are bouncing back after an historic slide, but the credit markets are still suffering. That's making it hard for anyone shopping for a new car to secure a loan. Stricter borrowing rules are affecting local dealerships.