Seeking to boost sales of Lexus brand vehicles, Toyota plans to offer rebates of up to $3,000, as well as subsidized financing on certain models, company executives told a gathering of Lexus dealers from across the country this…
General Motors will once again have its own in-house financing unit starting Friday, when the auto giant closes on its $3.5 billion purchase of AmeriCredit. The new unit, to be renamed General Motors Financial, will allow GM to…
The nation’s largest bank is reportedly considering a plan to sell or wind down several non-core assets that could be worth more than $100 billion. Bank of America collected $10 billion in the second quarter after the sale of s…
For a growing number of U.S. college graduates, a diploma marks the beginning of financial difficulties. The Education Department says those who were scheduled to begin paying back their student loans in 2007 were 52% more like…