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Person Wearing Bear Costume Damaged Vehicles In Insurance Fraud Scheme, Investigators Say

According to Operation Bear Claw, the bear that damaged a luxury car in California had turned into a human in a costume. California Department of Insurance authorities have detained four Los Angeles residents in connection with an insurance fraud scheme. press release said. Authorities charged Ruben Tamrazian, 26, Ararat Chirkinian, 39, Vahe Muradkanyan, 32, and […]

1.4M Honda vehicles under investigation following concerns of engine failure

See what's being clicked on FoxBusiness.com. The U.S. government's Highway Safety Administration is investigating up to 1.4 million Honda and Acura vehicles after receiving complaints that their engines could fail. The investigation by the National Highway Traffic Safety Administration includes Honda Pilot and Acura MDX models from 2016 to 2020, as well as Honda Odyssey […]

Fire erupts at NYPD’s Brooklyn auto pound, damaging 22 vehicles: sources

A fire broke out at an NYPD auto repair shop in Brooklyn on Wednesday, damaging 22 vehicles, two years after the fire destroyed decades of evidence at the facility, officials and sources said. revealed. The fire broke out at 12:47 p.m. at the Erie Basin Auto Pound in Red Hook, sending heavy smoke overhead, according […]

Honda recalls over 720K vehicles for risk of cracks, leaks in fuel pump

See what's being clicked on FoxBusiness.com. Honda is recalling approximately 720,800 vehicles across multiple models due to possible defects in parts within the high-pressure fuel pumps. The recalled 2023-2024 Honda Accord and Accord Hybrid, 2025 Honda Civic and Civic Hybrid, and 2023-2025 Honda CR-V Hybrid vehicles have cracks in the high-pressure fuel pump parts. The […]

GM electric vehicles still not profitable, company sees ‘progress’

Automotive expert Mike Caudill responded to California's controversial effort to use electric cars as police vehicles during an appearance on “The Big Money Show.” General Motors said its electric vehicles are not yet profitable, but the company is seeing “progress” in the industry. GM made the announcement in a letter to shareholders detailing its third […]

German Drivers Giving up on Electric Vehicles, Data Shows

Aside from convincing people to buy electric cars, a new challenge for Germany's green energy reset is getting them to keep their cars as the number of EV owners rapidly switches to internal combustion engines. One in three electric car owners have returned to a petrol or diesel car this year, according to data from […]

Honda recalls 1.7M vehicles for defective steering gearbox component

See what's being clicked on FoxBusiness.com. Honda is recalling about 1.7 million Honda and Acura vehicles in the United States due to a possible defective steering gearbox part that could pose a safety risk. “American Honda is announcing this recall to encourage owners of affected vehicles to take them to an authorized dealer for repair […]