Automakers across the U.S. are slashing interest rates, assisting with payments, and offering other incentives to buyers and owners as shoppers largely hunker down during the typically busy spring season. Although it’s unclear how a prolonged outbreak may impact owners and shoppers, several automakers have offered assistance for up to …
Read More »Car care during coronavirus Q&A: Should I run my car during lockdown?
As the coronavirus pandemic reaches its peak and more states are imposing shelter-in-place restrictions, most vehicles are hibernating in garages or on the street. How long can a car sit before it is negatively affected? What sort of exercise should it get? Does it matter? Most newer vehicles won’t need …
Read More »Tesla Bows to Coronavirus Emergency, Will Close Fremont Factory
Tesla’s Fremont, California, plant is located in Alameda County, which has issued a quarantine order for all but “essential business.” The company had noted that information from different levels of government had been conflicting and was reluctant to close, agreeing late Wednesday, March 18, to cut worker count from 10,000 …
Read More »Automakers slash rates, offer deals to sell new cars amid coronavirus slowdown
Automakers across the U.S. are slashing interest rates, assisting with payments, and offering other incentives to buyers and owners as shoppers largely hunker down during the typically busy spring season. Although it’s unclear how a prolonged outbreak may impact owners and shoppers, several automakers have offered assistance for up to …
Read More »GM launches broad plan to combat coronavirus impact
General Motors is responding to the coronavirus crisis with a plan reminiscent of the Keep America Rolling initiative it used to jump-start sales after the 9/11 attacks nearly two decades ago. GM is launching a sweeping program aimed at keeping Chevrolet, Buick, GMC and Cadillac owners safe and connected and …
Read More »GM Will Offer Zero-Interest Loans, Customer Aid in Coronavirus Pandemic
General Motors is going to offer zero-interest loans for up to 84 months, in a deal available to customers in top credit tiers. The manufacturer is also going to work with current owners who owe money for loans or leases so they don’t miss a payment during the pandemic. GM …
Read More »Ford Rolls Out Payment Assistance as Part of Coronavirus Response
Ford announced a program, Ford Credit Support, that will provide assistance to new-vehicle buyers as well as owners with current Ford Credit loans or leases. For new-vehicle buyers, the first payment can be delayed by up to 90 days, while current owners may be able to change a payment due …
Read More »Hyundai, Genesis say they’ll cover new car payments for workers laid off for coronavirus
Korean automakers Hyundai and Genesis said last week that they’ll help new car buyers who’ve lost their jobs cover car payments for up to six months on some vehicles. The program, which Hyundai first offered after the global recession in 2009, was reinstated due to the new coronavirus pandemic sweeping …
Read More »Hyundai, Genesis Offering Payment Aid during Coronavirus Pandemic
If a fix works, why not bring it back when everything else feel like it’s breaking? Hyundai received kudos for its Assurance program during the Great Recession, so it’s bringing a modified version back during the coronavirus pandemic. This time, the luxury arm Genesis gets in on the action as …
Read More »