Recent News

Bringing the Bureau to your community

We are working hard on our commitment to grow our relationships with community representatives across the nation. ... Read More »

The CFPB Ombudsman’s Office celebrates the first-ever Ombuds Day

Today is the inaugural Ombuds Day, meant to increase awareness and understanding of the ombudsman profession. ... Read More »

Tesla forced employees to ‘renew vows’ after media leaks

A Tesla confidentiality document that's facing a legal challenge by the National Labor Relations Board originated as a response to several leaks of internal information to news organizations two years ago, an executive testified Wednesday. ... Read More »

Will James Murdoch replace Elon Musk as Tesla chairman?

Outgoing Twenty-First Century Fox CEO James Murdoch is the lead candidate to replace Elon Musk as Tesla chairman, the Financial Times reported, citing two people briefed on the discussions. ... Read More »

FTC orders D.C.-area dealership group to stop deceptive recall scheme

A group of auto dealerships near Washington, D.C., and a California marketing firm settled claims they deceptively mailed more than 21,000 fake "urgent recall" notices to consumers, the FTC said. ... Read More »

Hurricane Michael poised to batter Florida with 145 mpg winds

Hurricane Michael is hitting Florida's Panhandle as a Category 4 storm with winds of 100 mph or more, as many dealership owners in its path brace for what the National Hurricane Center is calling a "potentially catastrophic" storm. ... Read More »

2019 Chevy Silverado with 4-cylinder engine rated at 21 mpg combined

The redesigned 2019 Chevrolet Silverado equipped with a new four-cylinder engine will achieve an EPA-estimated 21 mpg combined, or 20 mpg city and 23 mpg highway, in line with other entry-level pickup engines from Ford (3. ... Read More »

Vietnamese carmaking startup VinFast gets $950 million credit line

HANOI, Vietnam -- VinFast, which aims to become Vietnam's first domestic car manufacturer, said it has secured a 12-year credit facility for as much as $950 million to help buy machinery and equipment from German suppliers. ... Read More »

FCA said to near sale of Magneti Marelli to KKR’s Calsonic

Fiat Chrysler is nearing a deal to sell its high-tech car-parts unit, Magneti Marelli, to Calsonic Kansei after the Japanese firm raised its bid, people with knowledge of the talks told Bloomberg. ... Read More »

Washington, DC-Area Car Dealerships, Marketing Firm Settle Deceptive Advertising Charges

Defendants sent thousands of fake “urgent recall” notices to consumers A group of car dealerships and their president and vice president have settled Federal Trade Commission allegations that they mailed more than 21,000 fake “urgent recall” notices to...

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