Congress roasts GMAC, suggests future stimulus in jeopardy In the recently released “January Oversight Report: Exiting TARP and Unwinding its Impact on the Financial Markets,” the Congressional Oversight Panel looked over the entire $700 billion TARP bailout. Among many topics across our nation’s economy, they paid particular interest to charges that GMAC received “special treatment” Read on! →


Few things cause the average auto owner to cringe like the mention of transmission trouble. All most people know is that it sounds expensive. However, with some basic transmission knowledge and proper transmission maintenance, replacing a transmission can be avoided until absolutely necessary. For some cars, that time may come around 200,000 miles, although as Read on! →


For aficionados of classic auto designs of yesteryear, nothing beats a perfectly restored classic or antique car. Elegant line, solid construction, dazzling chrome and even genteel carriage evoke pleasant memories of the past, transporting us into personal fantasy where “They don’t make them like they used to” never rings false. But how can vehicle owners Read on! →


If you’re looking for more of the top 10 offbeat automotive tips, you’re in the right place. This continues the top 10; if you missed the first five automotive tips, CLICK HERE. In no time, you’ll be able to use these simple but off-the-beaten-path remedies to get the most out of your vehicle. More top Read on! →


Advances in technology have made the automotive experience more pleasant and convenient. Who doesn’t appreciate power steering, for instance? If you have driven without it, you know the difference is tremendous, akin to the strenuous workout of steering a huge, old farm tractor. But what about a vehicle’s simpler functions, like power door locks? We Read on! →


Repossessions are on the rise In the third quarter of 2009, the national 60-day auto delinquency rate (defined by TransUnion.com as the ratio of auto loan borrowers 60 or more days past due) edged up to 0.81 percent, from .80 for the same quarter in 2008. TransUnion calculates the delinquency rate based on the approximately Read on! →


In this ongoing era of green automotive technology, the desire to get there faster while expending as little fuel with as small an environmental footprint as possible has prompted automakers to tap into a very basic formula. In order to achieve fuel economy, there four basic concepts are weight of the vehicle, aerodynamics of the Read on! →


Bloomberg reports that new car loans are becoming easier for consumers to obtain. Auto industry experts view this as an indicator that new car sales may continue to grow, something the United States hasn’t seen since “Cash for Clunkers.” New car loans making gradual return Ford Motor Company chief economist Ellen Hughes-Cromwick told Bloomberg that Read on! →


In a move that will bring 2,000 jobs to the beleaguered state, construction will resume on the Mississippi Toyota plant in Blue Springs. The Associated Press reports that Toyota’s estimate is that the plant should be fully operational by the fall of 2011. It had originally been slated for completion in 2010, but the recession Read on! →


The economic climate of recession and the resulting taxpayer auto bailout apparently still has automakers gun shy, reports Automotive News. That’s because low factory inventory is becoming the rule rather than the exception lately. The result of this is that dealers need more cars to sell, as they cannot meet rising demand. An online survey Read on! →