Hyundai Motor America has agreed to pay a cash penalty of $ 54 million and other fines that could add up to $ 140 million. Kia Motors America was also fined and could pay as much as $ 70 million. This is the result of an inquiry by the National …
Read More »CDK settles antitrust lawsuit over data access
CDK Global Inc. will make a one-time cash payment to data integration service provider Authenticom as part of a settlement in a federal antitrust case, the company said last week. Terms of the settlement are confidential, a spokesman for the Hoffman Estates, Ill., dealership management system giant told Automotive News. …
Read More »2020 Chevy Corvette among GM Models Hit by Recall over Brake-by-Wire
A potential problem in the manufacturing of sensors used in GM’s brake-by-wire system means the C8 Corvette, as well as some 2021 Chevrolet Trailblazer, 2020 and 2021 Buick Encore, and 2020 Cadillac (CT4, CT5, and XT4) vehicles, are being recalled. In systems with the flawed sensors, correct information may not …
Read More »2021 Mazda 3 starts just over $20,000, but top Turbo can cost nearly $40,000
The 2021 Mazda 3 compact sedan and hatchback gets simultaneously cheaper and more expensive with a broader lineup that includes a new entry-level model and a new range-topping turbocharged model. The 2021 Mazda 3 2.0 sedan with the small 155-horsepower 2.0-liter inline-4 new for 2021 starts at $ 21,445, while the …
Read More »Santander agrees to $550M settlement over subprime loans
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 …
Read More »Santander agrees to $550M U.S. settlement over subprime auto loans
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 …
Read More »New Mk 8 VW Golf GTI Will Be 2022 Model in U.S., Mk 7 Carries Over for 2021
The new version of the Volkswagen Golf GTI will arrive in the U.S. in late 2021. Called the Mk 8, the eighth-generation of the hot hatch will be a 2022 model on our shores. The current Mk 7 GTI will carry over for the 2021 model year in the U.S. …
Read More »IIHS reports that new Jeep Wrangler SUV rolled over on its side during driver-side crash
The IIHS reported Thursday that the new Jeep Wrangler, which was last comprehensively updated for the 2018 model year, tipped over onto its passenger side during its driver-side small overlap crash test. The insurance industry-funded safety watchdog said the Wrangler was tested three times, twice by the agency and once …
Read More »2021 Cadillac Escalade luxury SUV starts at $77,490, up $1,000 over old model
The redesigned 2021 Cadillac Escalade will get a $ 1,000 price hike over the outgoing model to start at $ 77,490, including destination, the automaker announced Thursday. The price increase reflects a larger Escalade loaded with more technology and an independent rear suspension, among many other upgrades. The 2021 Escalade …
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