Recent News

Q4 Revisited: Affordability, Not Delinquency, Is Cause for Concern

Thirty- and 60-day delinquencies remained fairly stable in the fourth quarter, while affordability rightfully remains a key point of discussion among dealers and auto finance sources. ... Read More »

Payment Processor and Owner Agree to Permanent Payment Processing Ban and $1.8 Million Judgment to Settle FTC Charges They Violated 2009 Order

Thomas Wells and his payment processing company, Priority Payout Corp., have agreed to settle FTC charges that they repeatedly violated a 2009 court order issued against them. The settlement permanently bans Wells and Priority Payout Corp. from engaging in, and...

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FTC Hearings on Competition and Consumer Protection in the 21st Century Continue with a Discussion of Merger Retrospectives

What:The Federal Trade Commission will host the 13th session of its Hearings on Competition and Consumer Protection in the 21st Century.When:Friday, April 12, 9:00 a.m. - 5:15 p.m.Where:FTC Headquarters600 Pennsylvania Avenue, NW, Washington, DC 20580Room 432Who:The...

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At FTC’s Request, Court Permanently Stops A-1 Janitorial Office Supply Scam

New York-based office supply scheme charged small businesses millions of dollars for supposedly free samples of cleaning and other products At the Federal Trade Commission’s request, a U.S. district court judge permanently halted a New York-based office supply...

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Vintage Porsche collection damaged in fatal N.C. gas explosion

One of the top collections of vintage Porsche cars in the world was severely damaged by a deadly gas-pipeline explosion in North Carolina, according to local news reports. ... Read More »

Trump ally doubts auto-tariff report is ‘intellectually honest’

A report that could lead to auto tariffs is likely not being released by the White House because it lacks rigor and could deal a political setback for President Trump, a top Republican senator said. ... Read More »

China’s JAC says it has not held talks with Volkswagen

JAC Motors said it had not held talks with Volkswagen after Reuters reported that the German auto giant was interested in taking a stake in its Chinese electric vehicle JV partner. ... Read More »

A no-cost way to prepare your credit for a big purchase

Prepare your credit for your next big buy with these five free steps. ... Read More »

UAW takes another shot at organizing VW plant in Tenn.

The UAW said in a petition the union would cover "all full-time and regular part-time production and maintenance employees" at Volkswagen's Chattanooga assembly plant. ... Read More »

Honda moves into a glass house to stir mobility ideas

To encourage Detroit-area engineers and startups to collaborate on new mobility ideas, Honda has come down from its tall tower to let people look in its windows. ... Read More »