Tag Archives: auto

2021 Buick Encore GX first drive: So many Encores, so little drama You’ll be forgiven if you shop for a new Buick Encore and get confused. For 2020 there are two Encores: the familiar Encore with a standard engine and transmission and a choice of all-wheel drive, and the new …

The financial security of small U.S. auto lenders during the COVID-19 crisis may be owed, in part, to the advocacy of a Michigan strip club. A U.S. district judge recently sided with the owner of the Flint, Mich., topless club Little Darlings, who went toe-to-toe with the federal government about …

WASHINGTON — Santander Consumer USA Holdings Inc. said on Tuesday it had agreed to make changes to its underwriting practices as part of a $ 550 million settlement with 33 states and the District of Columbia over subprime auto loans. The states said Santander violated consumer protection laws by placing …

The COVID-19 outbreak dealt a major blow to large auto lenders’ first-quarter earnings as banks deferred auto loan payments and shifted resources to shield themselves from future losses. As lenders tighten credit access to mitigate the fallout of the coronavirus pandemic on their auto portfolios, finance-and-insurance managers are working overtime …

Consumers are continuing to prioritize auto expenses ahead of other payments, a credit bureau study finds, despite record job losses and shelter-in-place orders preventing many consumers from driving beyond trips to the grocery store or to seek medical care. Those financially affected by COVID-19 closures were about twice as likely …

Allstate plans to return $ 600 million to auto insurance policyholders over the next two months due to the coronavirus pandemic. “This crisis is pervasive,” Tom Wilson, President and CEO of Allstate, said in a statement on Monday. “Given an unprecedented decline in driving, customers will receive a Shelter-in-Place Payback …

U.S. insurer Allstate Corp. said on Monday that it would return more than $ 600 million in auto insurance premiums to customers as many Americans stay home and drive less due to “shelter-in-place” orders to curb the coronavirus outbreak. Most customers will receive a “payback” of 15 percent of their monthly …

In a season when the New York auto show was postponed and the Geneva auto show was canceled, it’s not that surprising that the Detroit auto show, scheduled for June 6–20, is now off because of coronavirus. In this case, it’s because the Federal Emergency Management Administration (FEMA) has chosen …

Advertiser Disclosure If you’re a Texas driver looking for a new car insurance agency, you may have heard of Harco Insurance, which is only available in the Lone Star State. Today, we’ll see how Harco measures up to the best car insurance companies in the nation by looking into Harco …