Tag Archives: Auto

Commerce Dept. investigates steel imports used in auto parts


by charlie cars The Department of Commerce is looking into U.S. steel industry complaints that several foreign competitors have gained an unfair advantage by selling at artificially low prices. … Automotive News Breaking News Feed

Auto loan fraud is soaring in a parallel to the housing bubble


by beanqueen.killer Borrower fraud in US auto loans is surging, and may approach levels seen in mortgages during last decade’s housing bubble, according to a firm that helps sniff out bogus borrowers. … Automotive News Breaking News Feed

Mexican auto exports rise 16% in April as production ramps up


by Sherlock77 (James) Mexico’s auto exports rose 16.1 percent in April compared was the same month a year earlier, and output was up 3.2 percent. … Automotive News Breaking News Feed

Tornado wipes out Texas auto dealership


by gwilli A Chrysler Dodge Jeep Ram dealership in Canton, Texas, was swept away Saturday night during a tornado, reported the NBC affiliate television station in Dallas-Fort Worth. … Automotive News Breaking News Feed

Auto sales peak heightens risk for lenders, Moody’s warns


by beanqueen.killer As U.S. auto sales have peaked, competition to finance car loans is set to intensify and drive increased credit risk for auto lenders, Moody’s Investors Service warns in a new report. … Automotive News Breaking News Feed

Trump budget plan would scrap energy grants, auto loan program


by brizzle born and bred The Trump administration proposed eliminating Energy Department loan programs and some research funding for energy efficient technology and electric vehicle development. … Automotive News Breaking News Feed