Recent News

VW diesels, with operative emissions gear, are slower and thirstier, Consumer Reports finds

Two Volkswagen models with 2.0-liter diesel engines are slightly slower and thirstier with their emissions systems active, according to road tests by Consumer Reports. ... Read More »

VW faces Nov. 20 deadline in California for fix to diesel violations

California is giving VW until November 20 to come up with a plan to fix diesel models affected by its rigging of emissions tests, a spokesman for the California Air Resources Board said. ... Read More »

Here’s how coaching can help you meet your financial goals

We talked to people across the country about financial well-being and what it means to them. Many people told us that financial well-being means: Feeling in control of day-to-day finances. Having a safety net to help stop a financial shock from turning into...

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VW brand faces full-year loss on scandal costs, report says

VW's core autos division will likely plunge into a loss this year as it is set to shoulder the bulk of the costs from the fallout of the company's rigging of diesel emissions tests, two company sources told Reuters today. ... Read More »

Tesla CEO Elon Musk says fired employees go work for Apple

Elon Musk called Apple a 'Tesla Graveyard' where his fired employees go to work. The Tesla CEO, in an interview with a German newspaper, dismissed the notion that Apple hires top engineers away from his company. ... Read More »

Texas sues VW claiming deception, diesel pollution

Texas joined the Volkswagen litigation bandwagon, accusing the company's U.S. unit of violating state consumer protection laws and clean air standards by using rigged software in some of it diesel vehicles. ... Read More »

VW’s 2016 diesel sales ‘months’ away

Volkswagen of America isn't expected to begin selling 2016 models with 2.0-liter diesel engines for several months as the EPA plans to subject the vehicles to a battery of tests to ensure they comply with U.S. emissions laws. ... Read More »

3 Nishikawa Rubber execs indicted by U.S. for price-fixing

Two former executives of Nishikawa Rubber and one current executive from the company were indicted on Thursday for allegedly conspiring to fix the prices of weather-stripping and rubber seals for cars made in the U.S. ... Read More »

Ferrari pushing for $12.4 billion valuation in stock offering, report says

Ferrari's coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering to as much as $12.4 billion, people familiar with the matter told Bloomberg. ... Read More »

NADA Files Second Request for Internal CFPB Documents

MCLEAN, Va. — The National Automobile Dealers Association (NADA) filed a Freedom of Information Act (FOIA) request today, asking the Consumer Financial Protection Bureau (CFPB) to release internal documents acknowledging that the agency intended to regulate...

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