More than a week after President Obama was given another opportunity to lead the country, most pundits agree that how voters in states like Michigan and Ohio felt about the federal bailout of the auto industry played a huge role in the campaign’s outcome.
Auto lending has traditionally been the backbone of many credit union lending operations. Some lenders have recently benefited from the Cash for Clunkers program and from the rebound in auto sales since the recession.
In Texas, it’s no secret that going big is the likely way to go in the Lone Star state.
Some are calling it the strongest comeback to emerge from the dregs of the Great Recession. From the last year's drop in gasoline prices to a bevy of lures rolled out by manufacturers to woo shoppers, the auto industry is on track to post its highest volume since the year before...