Trump at RNC Vows to Save American Auto Industry from Biden’s EV Mandate
Former President Donald Trump vowed to save the U.S. auto industry from President Joe Biden’s electric vehicle (EV) mandate in his speech at the Republican National Convention (RNC). During his speech at the Republican National Convention on Thursday night, President Trump vowed to “end the electric vehicle mandate on day one, save the U.S. auto […]
Auto parts giant exposed: 2.3 million customers at risk in massive data breach
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Biden administration giving $1.7B to auto industry to bolster US EV production
The Biden administration will provide $1.7 billion to auto companies to boost their efforts to build electric cars, trucks and motorcycles. The funding covers 11 projects and is expected to help companies transition their facilities to electric vehicle manufacturing or expand their existing electric vehicle operations. Administration officials told reporters that funding would be prioritized […]
Fifth Third Bank to pay $5 million to settle auto insurance allegations – The Washington Post
Fifth Third Bank has agreed to pay millions of dollars to settle allegations that it forced auto loans. The scheme led to customers taking out duplicate auto insurance policies, resulting in higher monthly payments and, in some cases, resulting in the seizure of vehicles from customers who could not pay. The Consumer Financial Protection Bureau […]
CFPB Takes Action Against Fifth Third for Wrongfully Triggering Auto Repossessions and Opening Fake Bank Accounts – Consumer Financial Protection Bureau
Washington DC – The Consumer Financial Protection Bureau (CFPB) today took action against Fifth Third Bank for a series of illegal activities that will result in the bank paying a $20 million penalty and providing compensation to approximately 35,000 affected consumers, including approximately 1,000 who had their vehicles repossessed. Specifically, the CFPB is ordering Fifth […]