Tag Archives: amid

The Consumer Financial Protection Bureau received more complaints about auto loans in the first five months of the pandemic than in any other five-month period since the bureau began tracking the data in its current form starting in April 2017, according to a new report by the U.S. Public Interest …

As vehicle sales fell sharply in the second quarter amid coronavirus pandemic conditions, the amount of subprime consumers originating auto loans slipped to its lowest recorded level, credit bureau Experian said this month. Melinda Zabritski, senior director at Experian Automotive, said subprime market shares have contracted for years after peaking …

Thomas BarwickGetty Images Even though the state doesn’t require an on-road test for new teenage drivers right now, that doesn’t mean parents should rush to get them a license. If you have to teach your child to drive right now, being patient and reviewing the basic rules of the road …

Automakers across the U.S. are slashing interest rates, assisting with payments, and offering other incentives to buyers and owners as shoppers largely hunker down during the typically busy spring season. Although it’s unclear how a prolonged outbreak may impact owners and shoppers, several automakers have offered assistance for up to …

It’s official: Ford and General Motors will suspend production at North American plants for two weeks. Honda and Toyota also announced today that they will also temporarily halt U.S. production. According to Automotive News, Fiat Chrysler reportedly will begin a rolling shutdown of plants between today and the end of …

Automakers across the U.S. are slashing interest rates, assisting with payments, and offering other incentives to buyers and owners as shoppers largely hunker down during the typically busy spring season. Although it’s unclear how a prolonged outbreak may impact owners and shoppers, several automakers have offered assistance for up to …

GM Financial’s loan originations plunged 35 percent in the fourth quarter as a new incentive program offered by General Motors got off to a slower start than anticipated. Despite the decline, lease originations and net income rose, and revenue inched up slightly. In the fourth quarter, loan originations at GM’s …