je.st
news
Tag: auto
Canadian auto parts giant Magna to buy Getrag transmission group for $2.5B
2015-07-16 15:32:01| Automakers - Topix.net
Ontario-based auto parts maker Magna International says it will pay 1.75 billion euros for Getrag, which has about 13,500 employees and operations in nine countries in Europe, Asia and North America. Magna International Inc. has an agreement to pay about $2.5 billion Cdn to buy the Getrag Group, a German supplier of automotive transmissions for companies such as Ford, BMW, Daimler, Renault, and Volvo.
Future SR-64 Auto Dealership by I-75 Narrowly Approved by Bradenton City Council
2015-07-16 06:53:43| Auto Dealers - Topix.net
A Special Use request to turn a vacant property on State Road 64 into an auto sales business narrowly passed Wednesday, after Bradenton City Council members debated the merits of having a dealership sit at the city's main entrance from I-75. Bemis Smith, who voted 'no' on the 3-2 motion, said he was concerned about the effects of placing a car lot at what he called the "primary visual corridor" area for the city.
Tags: city
auto
future
approved
Westchester Auto Dealer Will Pay $32K For Deceptive Ads
2015-07-15 02:55:44| Auto Dealers - Topix.net
WHITE PLAINS, N.Y. Hyundai of White Plains will pay $32,500 in penalties and other costs to New York State for deceptive advertising after an investigation by the attorney general's office found that the car dealer used misleading advertising practices in its print and online ads, according to Attorney General Eric T. Schneiderman's office. Among its deceptive practices, the dealership promoted sale and lease prices that included discounts or rebates that were not available to most customers, which did not represent the actual sale or lease prices.
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
Sites : [205] [206] [207] [208] [209] [210] [211] [212] [213] [214] [215] [216] [217] [218] [219] [220] [221] [222] [223] [224] next »