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Tag: hondas
Honda's US auto finance arm to pay US$24 million over loan pricing problems
2015-07-14 23:01:40| Automakers - Topix.net
WASHINGTON: A U.S. auto finance arm of Honda Motor Co will pay US$24 million in restitution over allegations that its loan pricing practices caused minority customers to pay higher interest rates than white borrowers did, U.S. regulators said on Tuesday. The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination.
Tags: auto
problems
pay
finance
Honda's U.S. auto finance arm to pay $24 million over loan pricing problems
2015-07-14 22:40:59| Auto Dealers - Topix.net
The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination. The company added that it disagreed with how the two regulators determined discrimination but "we nonetheless share a fundamental agreement in the importance of fair lending."
Tags: auto
problems
pay
finance
Honda's profit drops on air bag recall woes despite weak yen
2015-04-28 10:17:06| Automakers - Topix.net
Honda's profit for the fiscal fourth quarter dropped 43 percent as the costs of air bag recalls offset the positives of a weak yen and strong vehicle sales in Asia. Honda Motor Co.
COUNTDOWN: 4 Hondas among Central Ohio's top-selling cars and trucks in 2014
2015-04-15 04:55:58| Automakers - Topix.net
Honda Motor Co. , which runs most of its North American operations from Marysville, got four vehicles in the top 10 sellers around Columbus in 2014, according to registration data from Autoview Online.
Hondas 2016 Pilot features more power, 9-speed option, new drivetrain capabilities
2015-04-10 16:55:46| Green Car Congress
Tags: power
features
option
pilot