Bikes & Cars...
Jun 10, 2009
Diesel Cheaper than Gasoline!
Diesel prices are, on average, lower than gasoline prices for the first time in two years. The question is, will it matter to Americans?
In the wake of crazy high gas prices last summer and the collapse of the U.S. auto industry over the past nine months or so, all three Detroit car makers shelved plans for new diesel engines slated for pickup trucks. Mercedes-Benz and Volkswagen forged ahead with their...
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Auto industries are one of
| Karly_X | Jun 19th, 2009Auto industries are one of the biggest reasons why the lending of installment loans has been available for consumers. Recently, bankruptcy was seen for many car owners, dealers, auto workers, suppliers, lenders and US taxpayers. Car sales were at record levels over the past decade or two, and a lot of installment loans were made by in house financing from car manufacturers, such as GMAC (now Ally) with GM, or Ford Financing, but now things are a little different. Car sales are slumping; GM and Chrysler have both filed for bankruptcy, and their wondering if they'll ever get a next payday as fewer people are able to purchase cars because there's hardly any credit to be had in this struggling economy. Experts predict some rebound, but installment loans for autos are less numerous these days compared with short term loans.