People want more than government can deliver
Were you able to take advantage of Cash For Clunkers when it breezed through town? That’s what it seemed like: a breeze that came to call for but a moment. Once that moment was gone, the government put the entire thing on hold. Things [...]
Reorganization of finances
Single salary homes are looking more and more to installment loans as a way to pay bills. The unemployment rate is affecting Americans in a big way. Kelsey David of Pontiac, Michigan stated, “We were used to having two salaries. We didn’t live like kings or anything, but [...]
Sunshine Dodge faces shutdown
Last week I wrote that Chrysler would not renew its franchise agreements with 789 Dodge dealers. This week, the owner of Sunshine Dodge-Isuzu in Melbourne, Florida, has written a letter demanding to know: “HOW IN THE UNITED STATES OF AMERICA CAN THIS HAPPEN?”
The owner of Sunshine Dodge [...]
Thousands of auto workers lose jobs
Yesterday, one of the United States’ largest automakers released the Chrysler dealerships closing list. Today, the largest U.S. auto maker will release the GM dealer closing list.
Chrysler is shutting down 789 dealerships. Check out the Chrysler dealerships closing list. General Motors, sometime today, will release [...]
Funding options decreasing
Short term loans are becoming a quick answer to consumers in need. With the banking crisis still in full swing, people are in need of bill payment options that are outside of the norm. It used to be that when people needed funding, they went to the bank. [...]
A quarter of Chrysler dealerships closing
United States automaker Chrysler says it will close 789 of its U.S. dealerships, which adds up to about a quarter of its total dealerships.
According to the Washington Post, Chrysler has 3,181 dealerships in the U.S.
Who will be hit hard
Toledo.com, a news outlet in Toledo, Ohio, [...]
Down goes Chrysler
America’s big automakers have all been in serious need of cash advance loans and debt relief for some time now. Overproduction of consumer vehicles that burn through gasoline and take up too much room on the country’s current highway system has been the byproduct of poor planning by [...]
Bankruptcy ‘probable’ says finance chief
General Motors is proving to be a good example of what can happen if you take on more debt than you can handle. Unfortunately for the automaker, I don’t think any amount of debt consolidation can dig this company out of the hole.
GM has a $1 [...]
Chrysler releases electric vehicle
Chrysler’s new Peapod car, which debuts today, is many things. It is electric, small and cute. However, it’s not really a car. Well, at least I don’t consider it a car. It’s a Neighborhood Electric Vehicle that only goes 25 miles per hour and can only travel [...]
Chrysler’s gas guzzlers refuse to quit
Isn’t this downright rude? Just a week after the White House scolded Chrysler for relying too much on gas guzzlers, the company is heading to a marquee car show to launch yet another SUV. I will be there if the Online Cash Advance I applied [...]
Pushing for a bailout
Chrysler has a lot on the line as it unveils its 2011 Jeep Grand Cherokee. Unless the company can reorganize debt, win labor concessions and form a partnership with Turin, Italy-based Fiat before May, the U.S. president has said he will allow the company to go bankrupt.
More [...]
Obama bows to Main Street
Finally, the verdict has come out and President Barack Obama has said a big ‘no’ to any kind of payday loans to the troubled automakers. Considering the fact that General Motors and Chrysler are surviving on the bailout money that they received in December 2008, their [...]
Obama: NASCAR is a no-go, 10-4
President Obama’s cash advance bailout of America’s automobile industry giants has left a sour taste in the mouths of many. Why should financially irresponsible automakers that flood the market with metal hulks that lose value fast be allowed to spend the taxpayers’ money in ways [...]
United Auto Workers vote on changes
Unionized workers at Ford voted on changes to their contract, including cutting cost-of-living increases, reducing benefits and eliminating cash bonuses.
The company says the move will help it to stay competitive. According to the UAW, 59 percent of production workers and 58 percent of skilled-trades workers voted [...]
Easy loans, tough competition
If automakers in the U.S. want more easy loans from the government, they may face some big changes. As General Motors seeks to separate itself from European brand Saab, some government officials are considering uniting GM with another company: Chrysler.
As one might imagine, the automakers are not [...]
Payday loans help — when payday is coming
Payday loans can help families that run into financial emergencies, but unfortunately that can’t keep employers from laying off workers.
In fact, if legislators keep making laws that run payday loans companies out of business, even more workers will be out of a job.
Almost [...]
No Czar for cash advance-gorged automakers
The United States government has already shelled out massive cash advance loans to players in the U.S. auto industry to keep them solvent. And after gorging themselves, GM and Chrysler are asking for seconds. Will President Obama continue to fatten up the insatiable on the [...]
Car industry meltdown unites U.K. and U.S.
The U.K. and the U.S. have a lot in common: Both places are experiencing a surge in online payday loans, and both places have auto industries on the verge of meltdown. Yep, the global recession is having a lot of similar effects on places [...]
Even the big-time automakers are asking for financial assistance, so why can’t I? A fast online cash advance is my ultimate bailout plan. I am no GM; I am no Chrysler, and I am no Ford: I am a mere nobody. Can I ask for a bailout? Or a small [...]