Need Help? Call (303) 333-HELP
The Source Podcast Archive

Advanced Search

Close Search

U.S. Auto Industry To Post A Second Strong Year

After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth — the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession.

The sales forecast bodes well for the industry’s continued recovery and for the broader American economy.

In 2009, Detroit automakers were in peril. Car sales plunged as unemployment soared, and loans became harder to get. Chrysler and General Motors filed for bankruptcy protection. Ford avoided bankruptcy only by borrowing billions.

Now credit is more available, interest rates are low and Americans need to replace old cars and trucks they kept during and after the downturn. Millions of drivers in their teens and 20s are expected to buy vehicles, too. That could mean more jobs, more factory shifts and overall growth.

Read more at cbsnews.com

Continue Reading Comments ( 0 )

Managers: Are You The Kim Jong Il Of Your Company?

 With the death of Kim Jong Il comes a ton of news stories about him, including this fabulous one of 17 Bizarre Details About the Dear Leader’s Life. While these stories are wacky and worthy of a dictator, there are many parallels in the lives of managers. Based on these 17 things, here are 5 that pop up in managers from CBS News.com.

 

Continue Reading Comments ( 0 )

Why Right Now Is The Best Time To Buy A Used car

If you are shopping for a used car, buy it now for the best deal. That’s the word from analysts at Kelley Blue Book, who say you could pay 4 percent to 6 percent more for that car if you wait for the first three months of 2012.

Read more at cbsnews.com

Continue Reading Comments ( 0 )

Which Dealers Car Buyers Like Best

 Shoppers who bought new cars from Mini and Lexus this year had the best buying experience, according to a new survey from J.D. Power and Associates.

Lexus topped the luxury brands and Mini repeated last year’s win among mass market names, according to Power’s annual Sales Satisfaction Index.

Read more at cbsnews.com.

 

Continue Reading Comments ( 0 )

These Cars Keep Their Value For The Long Haul

Smart car shoppers seek the best deal for today and tomorrow: Besides a great purchase price, they look for a car that retains value when it is time to trade it in or sell it. In time for this week’s Los Angeles Auto Show, two companies that specialize in used-car values — Kelley Blue Book and ALG — have put out their annual lists of brands and cars with best resale value.

Continue Reading Comments ( 0 )