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October 7, 2008 3:04:30 AM CDT

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Stories related to: used cars

Stories

5 Stories

  • August 2008

    • SUV Apocalypse Nears

      Daily Green  |  Aug 17, 08 10:04 AM CDT

      SUV Apocalypse Nears

      (Newser) - America’s obsession with super-size cars seems to be running out of gas. The Daily Green reports on the seven signs of the SUV apocalypse: The numbers: Sales of small cars were up 11% in the first half of the year, while SUV and truck sales were down by 14% and 23%, respectively. The demand: The unofficial waiting list for GM’s new electric offering, the Chevy Volt, is 33,000-strong. More »

      Tags

      gas prices  • electric cars  • SUV  • used cars  • gas consumption  • Jeep Grand Cherokee

  • July 2008

    • GM, Ford Join Chrysler in Retreat From Leasing

      Wall Street Journal  |  Jul 30, 08 8:00 AM CDT

      GM, Ford Join Chrysler in Retreat From Leasing

      (Newser) - Ford and GM are joining Chrysler in moving away from auto leasing, the Wall Street Journal reports, signalling the end of an era in which leases allowed many Americans to drive more expensive cars than they could afford to buy. The move is prompted by falling prices for used SUVs and trucks, which has led to steep losses for the automakers when they resell the vehicles at the end of the lease period. More »

      Tags

      auto industry  • auto sales  • US automakers  • used cars  • lease

    • Sinking SUV Values Slap Drivers

      Washington Post  |  Jul 2, 08 10:19 AM CDT

      Sinking SUV Values Slap Drivers

      (Newser) - The end of America's love affair with the SUV is turning into an expensive divorce, the Washington Post reports. Drivers wanting to get rid of the gas-guzzlers as pump prices hit $4 a gallon are losing a lot of money on the sales—if they can even find buyers. Some SUV owners find themselves owing the bank more than their vehicle is worth. More »

      Tags

      auto sales  • SUV  • SUVs  • used cars  • vehicles

  • May 2008

    • SUV Credit Crunch Rolls Over Ford

      Wall Street Journal  |  May 30, 08 10:18 AM CDT

      SUV Credit Crunch Rolls Over Ford

      (Newser) - Ford's plans to get back in the black are being forced off the road by woes at its lending arm, the Wall Street Journal reports. The auto giant made a lot of cut-rate loans on trucks and SUVs in recent  years and has been unable to recoup losses on bad loans through repossessions because of the plummeting resale value of bigger vehicles. More »

      Tags

      Ford  • SUV  • trucks  • credit  • used cars  • repossessions

  • March 2008

    • Mexico Bans All Car Imports— Except '98s

      Associated Press  |  Mar 3, 08 9:00 AM CST

      Mexico Bans All Car Imports— Except '98s

      (Newser) - For used-car shoppers in Mexico, 1998 is about to become a very popular year. Starting today, only 10-year-old cars—nothing newer, nothing older—can be imported in Mexico, a move designed to curtail the flood of “vehiculos chatarra,” or jalopies, clogging the streets. Before the change, imports needed to be 10-15 years old, to lessen competition with Mexican car dealers. More »

      Tags

      Texas  • Mexico  • car  • trade  • imports  • Mexican border  • car dealers  • used cars

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