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February 10, 2012

May 8, 2007

Study: Minorities Pay Higher Interest Rates on Auto Loans

by admin — Categories: NewsLeave a comment

The News Review:

- Study: Minorities Pay Higher Interest Rates on Auto Loans
- US Senate panel sets 35 mpg auto standard by 2020
- No social golf for Montoya – Auto
- Hyundai: The George Steinbrenner f Autos
- United Auto Group posts drop in first-quarter net income.(Financial…

Study: Minorities Pay Higher Interest Rates on Auto Loans
FXNews – May 8, 2007
But the gap in loan rates could narrow and possibly disappear as the result of recently concluded lawsuits. Blacks paid a typical auto loan rate of 7 percent for new cars compared with a rate of 5 percent for whites in 2004 according to a consumer organization’s analysis of the Federal Reserve Survey of Consumer Finances. That was the most recent survey available. And blacks were more likely than auto buyers in general to have auto loan rates higher than 15 percent.

US Senate panel sets 35 mpg auto standard by 2020
Reuters AlertNet – May 8, 2007
0 article header end –>. Senate committee approved a bill on Tuesday that would make automakers sharply boost fuel efficiency of vehicles to help cut American dependence on imported oil by the end of the next decade. But senior Republicans said the plan was unfair to struggling U.

No social golf for Montoya – Auto
ESPN – May 8, 2007
– Juan Pablo Montoya is tanned and relaxedfrom all his hours on the golf course where he escapes from hishectic NASCAR schedule. Even though he tries to squeeze in a few rounds per week hedeclined to join other NASCAR stars in the pro-am at the WachoviaChampionship last week. “I don’t do social golf” he said. I like playingbut ask Casey Mears about social golf.

Hyundai: The George Steinbrenner f Autos
Forbes – May 8, 2007
” r maybe “impetuous” or “impulsive. “The world’s sixth-largest automaker does not show patience in building its business. It is drive drive drive all the time.

United Auto Group posts drop in first-quarter net income.(Financial…
Free with registration – Detroit Free Press – AccessMyLibrary.com – May 8, 2007
United Auto Group posts drop in first-quarter net income. (08-MAY-07) Detroit Free Press (Detroit MI). said net income for the first quarter of 2007 was $14. 6 million or 15 cents a share compared with $23. 9 million or 25 cents a share.

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