People who cannot afford new cars often go for used cars. Buying a good used car is not at all a bad deal. There are even Used Car Loans available online with very low interest rates and they also approve loans of people who may have bad credit. Car Loans are usually offered by any banks but they ask you for so many paper works and formalities that you start getting irritated, while online loans are much simpler to apply and with very less paper work, you get your car financed. Banks always rejects loans request of people who have a bad credit, so if you in case have a bad credit and need a car then going for online car loans is the best option.

GM Daewoo rolled out its new 2009 Lacetti hatchback in Korea market. It which comes with a new look, 15-inch alloy wheels and rear parking assist as standard for SX and Diamond models. The 2009 Lacetti hatchback with a manual transmission is priced at 12,460,000(KRW) for the LUX, 13,900,000 (KRW) for the SX, 14,790,000(KRW) for the Diamond, and 17,380,000 (KRW) for the 2.0-liter diesel Diamond.

In connection with the introduction of the 2009 Lacetti hatchback, GM Daewoo is launching several promotional initiatives from July through October such as free car tune-up classes and unique test-drive programs involving GM Daewoo racing team members.

Hanton showcased its in-dash car DVD player ‘HT-430’ during China Sourcing Fairs at AsiaWorld-Expo, Hong Kong, organized by Global Sources (NASDAQ: GSOL).

Adopting a 4.3-ich 16:9 wide touchscreen, the HT-430 is compatible DVD/CD/VCD/MP3/MPEG4. Other features included built-in GPS function, Bluetooth, built-in TV and AM/FM radio tuner.

Mercury launches its high-end built-in car navigation system ‘MD5000’ in Korea market, which is equipped with Monahan 624 Mhz processor, LG’s DMB chipset and PIP chipset independently.

Adopting ‘Mappy United’ map software, the MD5000 navigation supports POP (picture out picture), PIP (picture in picture) and NIP (navigation in picture) and drag & drop function. It also provides Trip display dedicated respectively to QUUS, OPIRUS, SM5/7, WINSTORM, TOSCA, and more.

In addition, the black box function allows its camera to record video of accident for about 18 seconds (before accident-12 seconds, after - 6 seconds). Other features include mobile WiMax service ‘KT Wibro’, FM radio tuner, and AV out connection for rear camera and DVD player.

It is expected to be available in the end of April, and suggested price is around 1,000,000 (KRW).

Hyundai Motor’s another flagship ‘Genesis Coupe’ is expected to be unveiled on March 18(local time) in New York.

As a rear-driven sports car, the Genesis Coupe has been developed in the same platform of the premium sedan Genesis. Equipped with 4-cylinder turbo, V6 engine as well as 6-grade transmission, it sprints from 0 to 100km/h in 6 seconds. According to the company the Genesis Coupe is expected to be launched in the US market in this September.

Kia Motors unveiled its three SOUL concept cars during Geneva Motor Show.

The trio of concept cars - SOUL Diva, SOUL Burner and SOUL Searcher - was created by Kia’s European design team under the guidance of Kia’s Chief Design Officer, Peter Schreyer.

The Kia SOUL Searcher is the concept that provides a haven of tranquility within the urban jungle, a comfort-zone on four wheels.

An old, lived-in, leather finish is applied to the bonnet, the powered, folding roof and tailgate panel, plus the dashboard, door panels and steering wheel rim. Inside, grey-beige felt is used to cover the floor and the seats for an ambience of comforting domesticity that banishes pandemonium.

“The all-new Kia production car will appeal especially to the young-at-heart. It will defy classification and encourage customers to build an emotional bond with their new car by providing a creative platform that they can customize to match their own character,” declares Gregory Guillaume, Chief Designer Kia Motors Europe.