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Automotive News Archive17-Jan-2009Feds Move Closer to Carmaker Bailout Government plans stock buy to goose GM/Chrysler merger. Credit Freeze Leaves Car Dealers Shivering GMAC tightens lending standards for new cars. Average Gas Price Down to Nearly $3 a Gallon Price of oil drops to below $70 a barrel, leading to OPEC panic. Gasoline Prices Keep Falling Nationwide average is below last year's level. 6 Key Ways Car Shopping Has Changed The financial meltdown has changed car shopping in six key ways. Some of the shifts may be permanent. Auto Loan Delinquencies Rise Nearly $25 billion in car loans are past due.
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