By on March 15, 2017

bmw grille

The U.S. Justice Department requested information from BMW AG’s leasing unit last year, hoping to get a handle on how it deals with delinquent payments from military personnel. The Servicemembers Civil Relief Act is intended to provide a wide range of protections for individuals required to enter active duty by suspending certain civil obligations, including outstanding credit card debt and auto leases.

However, BMW’s Financial Services said it doesn’t know how many of its leases might be affected by the Servicemembers Civil Relief Act’s terms. That’s not a great position to be in when federal law explicitly bans any action or penalty against currently deployed military personnel. (Read More…)

By on June 27, 2014

 

In today’s General Motors digest: The automaker rescinds its stop-sale of 33,000 Chevrolet Cruzes over Takata air bag issues, recalls 29,019; Delphi turns over documents to a federal grand jury; Kenneth Feinberg’s compensation plan will be revealed Monday; and CEO Mary Barra says more recalls may be coming, but no more people will be fired as a result of the Valukas report.

(Read More…)

By on June 16, 2014

GM Next

In its criminal investigation into General Motors, U.S. Attorney Preet Bharra’s office are summoning current and former employees to come to New York for interviews regarding the automaker’s actions over the ignition switch behind the February 2014 product recall of 2.6 million vehicles.

(Read More…)

By on March 12, 2014

GM-building-US-Flag

Things are going from bad to worse for General Motors amid the fallout related to the long-delayed recall of 1.6 million vehicles worldwide over a faulty ignition switch installed between 2003 and 2007, as both the U.S. Justice Department and a House panel plan to conduct separate investigations into the matter.

(Read More…)

Recent Comments

  • conundrum: “I quite honestly forgot the Commander even existed” And not remembering quite a lot of things...
  • ajla: I certainly understand appeals to vanity, but I’ll likely never get how a minivan gives a definitely less...
  • ajla: The only future for Dodge is death or rebadged French cars. The current Durango, Charger, and Challenger will...
  • Rocket: Sure it does. And I heard Ford upholsters the seats with unicorn leather. The bastards!
  • Dave M.: No, I’m just surprised Jeep felt they needed 2 three row vehicles. I knew the GW was coming; I didn’t...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber