Recent News

Court Finds Defendants in FTC’s Treasure Your Success “Rachel Robocalls” Case Liable for $1.7 Million

Universal Processing Services (UPS) of Wisconsin, LLC, a payment processor, and telemarketer Hal E. Smith and his company HES Merchant Services Company, Inc. (HES), defendants in the Federal Trade Commission’s case against a deceptive robocall credit card interest...

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FTC Staff Expresses Concern that Antitrust Exemptions for Health Care Collaborations in Oregon Senate Bill 231A Could Harm Competition

In a letter to Oregon State Senator Chip Shields, Federal Trade Commission staff expressed concern that a broad antitrust exemption proposed in Oregon Senate Bill 231A for health care collaborations is unnecessary because antitrust law already permits such efforts...

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Record Takata recall poses dilemma for U.S. backing untested fix

Takata's record recall leaves U.S. regulators with a dilemma: swap defective airbags with parts that may be no safer than the original ones, or shoulder automakers with replacing 34 million vehicles. ... Read More »

Takata recall poses dilemma for U.S. backing untested fix

Takata's latest recall leaves U.S. regulators with a dilemma: swap defective airbags with parts that may be no safer than the original ones, or shoulder automakers with replacing 34 million vehicles. ... Read More »

Takata changed design of its airbags in 2008, report says

Takata, the airbag maker that agreed to the largest automotive recall in U.S. ... Read More »

CNCDA Files Suit Against TrueCar

SANTA MONICA, Calif. — The California New Car Dealers Association (CNCDA) today filed a lawsuit against TrueCar, alleging that the shopping site is not in compliance with certain sections of the California Vehicle Code pertaining to dealer licensing, brokering,...

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Some Jeep Renegades being held for drivetrain software issues

Fiat Chrysler CEO Sergio Marchionne said some new Jeep Renegade subcompact crossovers are being withheld from dealers because of software problems. ... Read More »

Driverless cars may cut U.S. sales by 40%, Barclays says

US auto sales may drop about 40 percent in the next 25 years because of shared driverless cars, forcing mass-market producers such as General Motors and Ford to slash output, a Barclays Plc analyst said. ... Read More »

Takata acknowledges defect in airbags

After months of pressure from U.S. regulators, Takata Corp. ... Read More »

Subprime Loan Percentage Falls to Lowest Level in Three Years

SCHAUMBURG, Ill. — In 2015’s first quarter, the percentage of automotive loans that fell within the subprime and deep subprime risk categories made up 19.7% of the market — the lowest share since 2012, according to Experian Automotive.The...

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