Risk Management
6 indicted for straw-buying fraud
Two owners of a Moline, Ill.-based car dealership — 4th Avenue Auto Sales — have been indicted along with four...
Understanding how GLBA exemptions affect CCPA
The California Consumer Protection Act (CCPA) goes into effect in January, and although California Attorney General Xavier Becerra has said...
Testing the resiliency of auto ABS
The auto asset-backed securities market continues to attract investors — even from overseas. While market headwinds brought on by lengthening...
GM’s lawsuit against Fiat Chrysler raises risks for PSA deal
General Motors Co.’s surprise racketeering lawsuit against Fiat Chrysler Automobiles NV has raised the risks for the Italian-American company’s plan...
Massachusetts AG and used-car dealer agree to nearly $1M settlement
The Massachusetts Office of Attorney General Maura Healey has settled claims against a used-car dealership and its owner for allegedly...
Tightening credit standards to slow auto growth
Tightening lending standards from auto finance companies, interest rates and rising vehicle prices are poised to reduce total outstandings about...
Serious delinquencies improve for young borrowers
Serious delinquencies — auto loans 90 days or more past due — for borrowers aged 18 to 29 years dropped...
Fraudster sentenced to 8 years in prison for $1m auto scheme
Two months after pleading guilty to bank fraud and aggravated identity theft, John O’Day was sentenced by the U.S. District Court...
