Month: <span>July 2014</span>

July 30, 2014

Auto loans set record as Americans borrow to pay for new vehicles

More Americans owed more money on their vehicles than ever before – more than $902 billion almost midway through 2014 – but fewer are delinquent in making their payments, reports Equifax, the consumer data collection company. That total represents an…

July 28, 2014

Car companies making progress on crash-prevention systems

It’s an unmistakable sound that no driver wants to hear: the squealing of brakes quickly followed by the loud thunk of two bumpers meeting each other at speed. More than 40 percent of the six million car accidents that occur…