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Even though people are trying to stretch out the value of their cars by driving them until they drop; there was an increased demand for auto loans in March.  Kyle Frick of the Mid Oregon Credit Union says the impact is partly due to so many cars taken out of the market during the “Cash for Clunkers” campaign two years ago. Still, the number of new cars available has been affected by the tsunami in Japan back in March. "Volvos their engines and transmissions are built in Japan so they've had some hits there. I think there's a plant in Louisiana, a Chevrolet plant that is on hold right now because a lot of parts that go into those cars there come from Japan.   Toyota is definitely challenged and Honda. We're starting to see prices across the board go up and I’ve heard numbers like 1.5% those increases are coming because of supply and demand and not being able to get the parts they need or even the cars shipped over here." Kyle says that loans are available at a lower rate right now to offset the pricing caused by supply and demand. He adds once you lock in on that lower rate, you'll reap the benefits over the next few years.

 

 

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Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.