GM Plans Lease Tweaks To Encourage Consumers To Buy What They Can Afford

Automotive News reports GM sales chief Mark LaNeve sent a letter to dealers outlining the company's plans to adjust its leasing strategy. GM's letter follows a move last week on leases by Chrysler. While the company won't be going down the same route, having their captive finance entity ditch leasing altogether,… »7/31/08 12:30pm7/31/08 12:30pm

NY Times Reveals Congressmen Have Bad Taste In Cars, No Eye For A Deal

Representative Michael R. McNulty pays $816 for a 2007 Mercury Mariner Hybrid, which he chose for its utility. Representative Redolphus Towns pays $715 a month for his Lincoln MKX, he bought it to save money on fuel. Representative Louise M. Slaughter needed a car that handled safely in the snow, so she picked a Buick… »5/01/08 10:20am5/01/08 10:20am