Tag Archives: Could

Modernizing the legal framework surrounding digital signatures is of utmost importance for automotive retailers and lenders, particularly in the age of the coronavirus. A new piece of federal legislation has the potential to update an older law covering digital signatures in financial transactions and bring the statute into the 21st …

3D-printed pistons, a joint effort by Porsche and two supplier partners, are 10 percent lighter and have an integrated cooling system, making them more efficient. The pistons are printed using a metal powder that is melted with laser beams and built up one layer at a time. 3D-printed parts in …

FABRICE COFFRINIGetty Images Andy Palmer’s departure as Aston Martin‘s CEO last month wasn’t unexpected. Following the English sports-car maker’s IPO in 2018, the company’s stock price has fallen like an inexperienced paraglider, the line featuring much more down than up. One share cost nearly $ 24 at flotation in 2018 …

The coronavirus pandemic is far from over. And as some elements of the federal stimulus program — such as additional unemployment funds and financial hardship protections — that have helped keep the U.S. economy afloat come to a close, captive automotive lenders can expect more challenges ahead. One potential area …

Justin SullivanGetty Images The economic uncertainty of the coronavirus pandemic has forced Wells Fargo’s bank to stop processing auto loans with as many as 1100 independent dealerships and refocus on dealers it already has deep relationships with. The change is likely to affect used-car shoppers more, but they can still …

Justin SullivanGetty Images The economic uncertainty of the coronavirus pandemic has forced Wells Fargo’s bank to stop processing auto loans with as many as 1100 independent dealerships and refocus on dealers it already has deep relationships with. The change is likely to affect used-car shoppers more, but they can still …

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 …

Stay-at-home orders and social distancing requirements during the COVID-19 pandemic are prompting more auto retailers than ever to knock on doors to finish deals. But the practice could expose dealerships to a 45-year-old federal regulation that allows consumers to cancel sales that take place in driveways or third-party locations other …

Toyota has launched a new generation of the Japan-market Harrier SUV. The Harrier used to be closely related to the Lexus RX but is now a standalone model, which makes us think it could—and should—come to the U.S. If it ever comes to our shores, the mid-size Harrier would slot …