Moving forward, the name on a vehicle title application must now match the owner's name as it appears on their government-issued identification, such as a driver's license or state ID card. The only exceptions are for vehicles titled in a business or trust name.
Read MoreA New Jersey man pleaded guilty today in federal court in the Northern District of Oklahoma to leading a multi-state operation that stole thousands of catalytic converters from private vehicles and sold them on a secondary market for millions of dollars, based on the value of the precious metals that the converters contain.
Kerrigan Advisors, a sell-side advisor to auto dealers nationwide, represented Atlanta-based Asbury Automotive in the sale of its Larry H. Miller Ford, Chevrolet and CDJR dealerships in Provo, Utah to Salt Lake Valley Auto Group.
A U.S. appeals court on Monday threw out consumer protection rules adopted by the Biden administration to ban bait-and-switch tactics and prohibit auto dealers charging for add-on costs that do not benefit new car buyers.
Today, the Consumer Financial Protection Bureau (CFPB) published a report showing that the rate of auto repossessions at the end of 2022 surpassed pre-pandemic levels.
The Consumer Financial Protection Bureau (CFPB) today ordered the American Honda Finance Corporation to pay $12.8 million for reporting inaccurate information that affected the credit reports of 300,000 people who drive Honda and Acura vehicles.
The Federal Trade Commission and Maryland Attorney General have charged Lindsay Automotive Group with systematically deceiving and overcharging car-buying consumers for years, costing them millions of dollars in junk fees and unwanted add-on products.
In light of a December 23, 2024, federal Court of Appeals decision, reporting companies, except as indicated below, are once again required to file beneficial ownership information with FinCEN. However, because the Department of the Treasury recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in effect, we have extended the reporting deadline as follows:
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