Moonshadow Motors 1964 Chevy Impala Ss on 2040-cars

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Subprime financing on the rise in new car sales, leasing too

We all remember the financial crisis that began several years back. At its core was a splurge of subprime lending for housing loans. The housing bubble burst, triggering a collapse of the mortgage-backed securities market. Apparently, those types of loans still exist in the automotive industry, and the market share for these types of "nonprime, subprime, and deep subprime," loans has grown 13.6 percent compared to the third quarter a year ago.
According to an Automotive News report, high-risk lending expanded to 24.8 percent of total loans in Q3, up from 21.9 percent for this time last year. As this level increased, average credit scores of borrowers dropped to 755, down from 763 a year ago. In that time, the average financing amount increased $90 per vehicle, to $25,963.
At 818, Volvo maintains the highest per-owner credit score, while Mitsubishi has the lowest, at 694. The highest rate of borrowers was at Toyota, with 14 percent of the market, followed by Ford with 13.1 percent and Chevrolet at 11.1.

Supercharged 2015 Chevy Corvette Z06 takes the C7 beyond the ZR1

The Z06 is just about everything we got in the last ZR1, but better.
After a bright-yellow false start, here is the real thing: the fourth-generation, 2015 Corvette Z06. If Chevrolet makes a ZR1 version of the C7 Corvette, it's going to be absolutely mega, because the Z06 is just about everything we got in the last ZR1, but better.

2014 Chevrolet Malibu gets more torque, more room and inspiration from the Impala

The 2014 Chevrolet Malibu, having stared at the Impala across the showroom floor for a year, gets nips and tucks all over inspired by its larger brother. The 2.5-liter four-cylinder in the base car will get a stop-start system and 23 city miles per gallon, 35 highway, each number representing a one-mpg improvement over the 2013 car. Output is 196 horsepower and 186 pound-feet of torque.
Opt for the 2.0-liter turbo and, while power holds steady at 259 hp, torque goes up by 14 percent to a striking 295 lb-ft (a figure Chevy calls best in the class). The final details include newly programmed transmission shift points and faster shifts, for better engaging and enjoying the added power.
Looks-wise, the grille's been reshaped to be more in line with the new Chevrolet look, a narrower upper grille hovering over a larger lower grille.