Recent News

Supervisory work continues with a commitment to protecting consumers

We are committed to protecting consumers through our supervisory work while working to ensure the health and safety of our remote examination staff and employees of our supervised institutions. ... Read More »

Subaru to suspend Japan output, extend U.S. shutdown

The automaker is halting production due to supply chain interruptions triggered by the coronavirus outbreak and to adjust volume given the "rapid decline in demand around the world.” ... Read More »

Genesis recruits new U.S. sales director from Infiniti

Tedros Mengiste will take over sales and dealer-facing duties and will report to Mark Del Rosso, CEO of Genesis Motor America. ... Read More »

Ford to build respirators in Michigan near home of Mustang

Using paid volunteers from the work force assigned to an idled assembly plant in Flat Rock, Mich., Ford will begin respirator output next week, according to UAW local officials at the factory. ... Read More »

F&I Meets Alternative Credit Scoring

New methods to qualify car shoppers could help your dealers sell more vehicles and F&I products, but alternative credit scoring is not without its pitfalls. ... Read More »

Auto Finance Prognostications From Carnac the Magnificent

What does the future hold for our industry? ... Read More »

Cree’s New 650V MOSFETs Offer Industry-leading Efficiency to Enable the Next Generation of Electric Vehicles

Wolfspeed technology harnesses silicon carbide’s superior performance for broader range of industrial power applications. ... Read More »

Trump administration completes rollback of Obama-era fuel efficiency rules

The announcement sets up a legal battle with California and more than 20 other states that plan to sue over the fate of one of most ambitious U.S. climate change regulations. ... Read More »

BorgWarner warns Delphi acquisition could be at risk

Delphi drew down its full $500 million revolving credit facility to position for the downturn related to the coronavirus pandemic, a move BorgWarner said breached their merger agreement announced in January. ... Read More »

Volvo to offer pickup, delivery, loaners for service

Volvo is removing a major pain point for customers with a vehicle undergoing service -- having to schlep to and from the dealership. ... Read More »