Author: Automotive News Feed

The new head of the U.S. consumer financial watchdog on Tuesday said she intended to continue some of the work begun by her predecessor Mick Mulvaney, including a review of decades-old rules preventing lending discrimination against minorities.

After at least six years of steady growth, banks’ third-quarter auto loan balance decreased from the same period a year ago as credit unions’ loan balance continued to grow, according to Experian.

Automakers should listen to their captive finance companies about which incentives would best move metal off dealerships’ lots.

Nissan to expand probe to European ventures; Hyundai names Biermann RandD chief; Ohio senators to GM: Build EVs in U.S.; Peek at ’20 VW Passat; Magna’s futuristic cabin.

Cadillac to reveal XT6 large CUV in Jan.; Union: FCA idling Windsor plant; Schot named Audi CEO; Hertz to speed rentals with biometrics; Silverado to pace Daytona 500.

Trust your training, advises Eric Melon, president of sales at Innovative Aftermarket Systems.

China agrees to lower tariffs on U.S.-built autos #8211; report; RandD shakeup at Hyundai?; Investment firm pressures Cars.com; Audi’s gift to Santa; Uneasy exit in the midst of Brexit.