Ford has proposed a settlement in a $ 30 million lawsuit over PowerShift dual-clutch automatic transmissions in 2011–2016 Fiesta and 2012–2016 Focus vehicles. Ford also revealed that it has spent $ 47.4 million on vehicle buybacks already. A federal judge will rule on the settlement on February 28. UPDATE 3/6/2020: …
Read More »Consumers to lenders: Focus on security before the pitch
Satisfied with the ability to verify legitimate customers, lenders are investing in targeted marketing to entice more consumers. Those consumers, however, aren’t confident in the way lenders authenticate them online, and are less open to receiving those marketing messages as a result. Auto lenders, particularly those that offer multiple consumer …
Read More »