Volkswagen will extend warranties on new and used cars for three months, the automaker announced Wednesday. The program will extend warranties for three months on new Volkswagens and certified pre-owned cars sold by Volkswagen that would’ve expired between March 1, 2020, and May 31, 2020. In a statement, the automaker …
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MediaNews Group/Reading EagleGetty Images Allstate ($ 600 million) and American Family Insurance ($ 200 million) have both announced they will send some customer money back because of coronavirus, and they’re also being more flexible about payment due dates. Geico and Progressive have not yet made any announcement about their plans, …
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In a process called “kicking the trade,” some car dealers are telling people who can’t afford their current auto loan to just not pay it, and pick up a new loan. It’s a short-term solution to a longer-term problem, and it could be happening more often than anyone would expect, …
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Wells Fargo & Co. is poised to pay roughly $ 3 billion to settle federal investigations into a range of consumer abuses that were rampant at the bank for years, according to a person with direct knowledge of the matter. The Department of Justice and Securities and Exchange Commission may …
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