Recent News

What you need to know about the Equal Credit Opportunity Act and how it can help you: Know your rights

In October, we celebrate the enactment of the Equal Credit Opportunity Act (ECOA), a law that protects consumers from discrimination in the financial marketplace. This week, we’re doing two blog posts about what ECOA is and how it protects you. ... Read More »

What you need to know about the Equal Credit Opportunity Act and how it can help you: Know your rights

In October, we celebrate the enactment of the Equal Credit Opportunity Act (ECOA), a law that protects consumers from discrimination in the financial marketplace. This week, we’re doing two blog posts about what ECOA is and how it protects you. ... Read More »

Jaguar, Land Rover gain as Mercedes, Lexus, BMW lose ground

As auto-sales growth has slowed this year in the U.S., the biggest gainers have been smaller luxury brands with new SUV offerings. Exhibit A: Jaguar, the elegant British line known traditionally for its sports cars and sedans. ... Read More »

Uber partners with GM’s Maven car-sharing program

Uber Technologies Inc. said on Tuesday it would partner with car-sharing service Maven, operated by General Motors, to allow Uber drivers to rent GM vehicles on a weekly basis. ... Read More »

Honda sued by Texas woman over injuries from Takata airbag

A Texas woman has sued Honda and the U.S. subsidiary of airbag maker Takata for at least $1 million, claiming she was badly injured when the ammonium nitrate propellant in her car exploded in a low-speed accident. ... Read More »

KBB: New-Vehicle Transaction Prices Rise More than 2% in October

IRVINE, Calif. — The estimated average transaction price for a light vehicle in the U.S. in October was $34,663, a 2.3% increase over the same time last year, according to Kelley Blue Book.“Transaction prices continued their upward trajectory in October,”...

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AutoNation Continues Living Above $1,600 Per-Copy in Q3

FORT LAUDERDALE, Fla. — For the third time this year, AutoNation's F&I department topped the $1,600 per-copy mark. During the dealer group’s third quarter earnings call, company executives reported that AutoNation had realized an F&I per-copy...

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Yamaha Captive Launches Credit Card Program

CYPRESS, Calif. — Yamaha Motor Finance Corp. USA (YMFUS) rolled out a new credit card program to Yamaha dealers today. It replaces an outgoing program that has been managed by various banks over the last 20 years.The powersports maker launched its captive...

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Vehicle Depreciation Accelerates Heading Into Q4

LAWRENCEVILLE, Ga. — A steep decline in wholesale values for what has been a strong segment may point to more than seasonality as the reason for higher depreciation recorded for two-year-old vehicles last week, Black Book said this week.This week’s...

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Coffee stops prove costly as 57,906 lose car as keys left behind

Criminals have found an easy workaround for new anti-theft devices in cars. They just wait for drivers to leave the key or fob inside. The number of 'freebie' vehicle thefts in the U.S. ... Read More »