Hyundai is First Automaker to Honor Cash For Clunkers by Ross Edwards
Cash For Clunkers has been signed by President Obama, but will not go into effect until July 24, when the government is finished ironing out the details of the program. Hyundai isn’t content to wait until then. According to Bloomberg, Hyundai is already advancing money to dealers so that customers can take advantage [...] .. Read More!

Out of Bankruptcy, Chrysler is Offering Huge Discounts, but Not on Car Loans by Ross Edwards
Chrysler is out of bankruptcy and the new company is desperate for sales. When you add up all the available incentives, Chrysler is offering discounts of up to $6,000 dollars off of some cars and trucks. But one thing is missing from Chrysler’s current offers: a low interest car loan.
While GM is offering 0% [...] .. Read More!

GM Assets Could be Liquidated if July 10 Deadline for Sale Agreement Isn't Met by Ross Edwards
If GM’s bankruptcy isn’t finished by July 10, the U.S. Treasury Department could stop financing the restructuring. Fritz Henderson, President and CEO of General Motors, testified on Tuesday that if the sale of GM’s good assets to a new company isn’t approved by the U.S. Bankruptcy Court in time, the government could force a liquidation [...] .. Read More!

GM Extends 72-Hour Sale, 0% Interest Car Loans Still Available by Ross Edwards
GM has extended its 72 Hour Sale to July 6. The incentive, which offers 0% financing for 72 months on most new car loans, was originally set to expire on July 30, according to Jalopnik. This gives consumers an extra week to take advantage of a great deal.
In the past, 0% interest car [...] .. Read More!

GM Agrees to Take Some Responsibility for Pre-Bankruptcy Cars by Ross Edwards
Eager to speed up its bankruptcy proceedings, GM has agreed to take responsibility for any future injuries or deaths that result from faulty cars and trucks it sold before bankruptcy, according to the Associated Press. GM had originally planned to follow Chrysler’s lead and include any potential liability for defective vehicles sold before its bankruptcy [...] .. Read More!