Recent News

Four elements define personal financial well-being

You probably have a few goals in mind when it comes to thinking about your financial life. You might think about taking more control over bills, or getting to a specific point like paying off a credit card, or making an important purchase. We want to help people...

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CPS Subpoenaed By DOJ

IRVINE, Calif. — In a regulatory filing posted last week, Consumer Portfolio Services revealed that the U.S. Department of Justice has subpoenaed the finance source, requesting documents related to its subprime auto finance practices and related securitization...

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CPS Subpoenaed By DOJ

IRVINE, Calif. — In a regulatory filing posted last week, Consumer Portfolio Services revealed that the U.S. Department of Justice has subpoenaed the finance source, requesting documents related to its subprime auto finance practices and related securitization...

... Read More »

J.D. Power Projects Best January Sales in 10 Years

WESTLAKE VILLAGE, Calif. — January new-vehicle sales are expected to reach levels not seen since 2004, according to a sales forecast from J.D. Power and LMC Automotive. The two firms expect sales for the month to reach 932,000 units, an 8.5% increase...

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Vehicle Search Engine Helps Shoppers Find New Cars

MIAMI, Fla. — AutoWeb is a new free vehicle search engine designed to help car shoppers search for and find a vehicle based on specific search criteria. The search also features social media options and integrates with platforms like Facebook and Twitter.Shoppers...

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Mercedes plans to move R-class production to AM General in Indiana

Mercedes-Benz plans to shift production of the R-class crossover from its Alabama plant to contract manufacturer AM General in Indiana this summer. The German automaker said it needed to free up space in its assembly operations near Tuscaloosa, Ala. ... Read More »

TI Automotive to be acquired by Bain Capital

Global fuel systems supplier TI Automotive, after months of wrangling and speculation, said today it has agreed to be acquired by private equity firm Bain Capital LLC. ... Read More »

TI Automotive to be acquired by Bain for $2.4 billion, report says

Global fuel systems supplier TI Automotive, after months of wrangling and speculation, said today it has agreed to be acquired by private equity firm Bain Capital LLC. The deal is valued at $2.4 billion, sources told Bloomberg. ... Read More »

FTC Requires Albertsons and Safeway to Sell 168 Stores as a Condition of Merger

Agency’s Largest Supermarket Divestiture Order to Date Requires Sales to Four Buyers Supermarket operators Albertsons and Safeway Inc. have agreed to sell 168 supermarkets to settle Federal Trade Commission charges that their proposed $9.2 billion merger would...

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In Comment to Federal Communications Commission, FTC Says No Legal Barriers or Policy Considerations Stop Common Carriers from Providing Call-Blocking Services to Consumers

In a comment submitted to the Federal Communications Commission, the directors of the Federal Trade Commission’s Bureau of Consumer Protection, Bureau of Economics, and Office of Policy Planning write that, in their view, no legal barriers or policy considerations...

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