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Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.

Infiniti G37 to sell alongside its Q50 replacement until 2015 model year

Infiniti has announced that the G37 sedan, which has been with us for a while, will continue alongside the all-new Q50 sedan until the 2015 model year. The 2014 Q50, ostensibly the G37's replacement, will go on sale later this week, though to keep things rolling along, Infiniti will be slashing prices on the two versions of the G37 which will continue on: the G37 Journey and the G37 Sedan AWD. The rear-wheel drive Infiniti G37 will now start at $33,455, down from $38,225, and the all-wheel drive G37 will now start at $35,055.

Infiniti M 2010 / 2011 – the detail

The Infinti M. Will launch in the UK in September 2010 Infiniti – Nissan’s luxury car division – has been busy rolling out its product throughout the UK and Europe in 2009. But there has been one model missing – the Infiniti M.