| (UPDATED) CFPB Officials Acknowledge Issues With Proxy Methodology, American Banker Reports |
Sep 22nd, 2015 |
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Internal CFPB documents obtained by American Banker show bureau officials repeatedly acknowledging that the method used for detecting discrimination by indirect auto lenders may overestimate disparities.
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| Manheim Names Senior VP of Inventory Services |
Sep 22nd, 2015 |
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Manheim has appointed Grace Huang as senior vice president of inventory services. In this newly-created role, Huang will focus on the operational, revenue-generating organizations within the business and for product management.
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| VW Chairman Martin Winterkorn Releases Video Addressing Scandal, Is Not Stepping Down |
Sep 22nd, 2015 |
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Volkswagen Group chairman Martin Winterkorn has released a video statement in response to the emissions-cheating scandal involving the company’s 2.0-liter TDI diesel engines, and although he once again apologized for any wrongdoing, he did not offer his resignation. “At this point, I don’t have answers to all the questions,” he said. “But we’re in the […]
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| The VW Diesel Scandal Is Much Worse than a Recall—It’s Outright Deceit |
Sep 22nd, 2015 |
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Most of the time, media test cars are distinguished only by a license plate that might bear a discreet “manufacturer” tag. Audi diesels, though, are a different matter. Whether a Q7 or an A3, the diesel press cars from Audi (which is part of the Volkswagen Group) always bear towering “TDI Clean Diesel” decals across […]
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| Report: Target Date for the Apple Car Is 2019 |
Sep 22nd, 2015 |
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The rumors have been swirling for quite some time, but now we have a date: According to The Wall Street Journal, Apple plans to debut its first electric car in 2019. But it won’t be self-driving. Quoting unnamed insiders with knowledge of the project, WSJ reports that the Cupertino tech giant has authorized Project Titan’s […]
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| Volkswagen’s U.S. CEO Admits: “We Totally Screwed Up” |
Sep 22nd, 2015 |
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Yesterday’s launch of the U.S.-spec 2016 Volkswagen Passat was supposed to be a celebration for Volkswagen of America. Taking place in a trendy waterfront warehouse in the Brooklyn Navy Yard overlooking Manhattan across the river, it was all set to be a swanky media affair, complete with a live performance by Lenny Kravitz. But in light […]
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| 2016 Nissan Altima Officially Revealed: New Look, New Model |
Sep 22nd, 2015 |
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In the increasingly competitive mid-size-sedan segment, the midcycle refresh isn’t what it used to be. Previously an occasion for tweaking the front fascia and restyling the taillights, it has recently evolved into much more. For 2015, we saw the Toyota Camry treated to nearly all-new sheetmetal excepting the roof. This year, we have the Honda […]
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| 2016 Nissan Altima – Official Photos and Info |
Sep 22nd, 2015 |
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| Volkswagen 'Deeply Sorry' About EPA Violation |
Sep 22nd, 2015 |
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Volkswagen's chief executive apologizes for emissions scandal and promises to 'do everything necessary in order to reverse the damage this has caused.'
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| The ABCs of Customer Acceptance |
Sep 22nd, 2015 |
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His Madness profiles Type-D customers, buyers who show a total lack of interest in you, your sales process and whatever product you present.
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