Toyota has been ordered by the Consumer Financial Protection Bureau (CFPB) to pay $60 million ($12 million in civil penalties and $48 million to affected car buyers) for illegal conduct, Reuters reports. It is said that he was His credit is Toyota Motor Corporation, the Japanese automaker’s lending arm. Source: Cars Direct
Nissan NSANY announced wage increases for 9,000 U.S. factory workers after the United Auto Workers (“UAW”) reached a new contract with the Detroit Three. The 10% wage increase will be effective for production, maintenance, tool and mold technicians from January 8, 2024. Workers below the maximum salary level are also eligible… Source: finance.yahoo.com
Honda HMC is a leading manufacturer of automobiles and the world’s largest producer of motorcycles. The company is poised to benefit from an expanded lineup of electric vehicles, frequent partnerships to expand its business, and efforts to contain costs. However, advanced and alternative technologies require large amounts of research and development costs… Source: finance.yahoo.com
Winners of the HMPA Awards, presented by Quaker State®, will be announced during the LA Auto Show – AutoMobility Lalos Angeles, CA — News Direct — Hispanic Motor PressHispanic Motor Press is pleased to announce the 2024 Hispanic Motor Press Awards (HMPA) We will announce the final candidates. The 14th annual HMPA program identifies the best new vehicles for Hispanic Read More
The Polestar 2’s cabin is spacious up front, with plenty of leg and head room to enjoy. No need to fight for the best armrest position. This is great considering how “squeezed” you feel inside the car. That feeling is further enhanced by the solid, slightly elevated center console. Source: www.carsguide.com.au
While the championship race in Phoenix marked the end of the season for most Cup Series teams, it was just the beginning of a busy offseason for Legacy Motor Club.Two-car Cup team co-owned by Maury Gallagher and Jimmie Johnson switches from Toyota Racing Development to Toyota Racing Development Source: www.nbcsports.com
The show itself was held at the same venue as the previous Tokyo Motor Show, but the atmosphere was slightly different, and it was the first show to include the word “mobility” in the title, making the reality of mobility welcoming, interesting, and approachable. It felt like that. The show highlights a variety of vehicle types. Source: www.autocar.co.uk
Bilia has signed an agreement to acquire British Motor Group AB. The business is run from his two facilities in Stockholm, in Danderyd and Mysta. British Motor Group consists of his two state-of-the-art full-service facilities with sales and service. The deal is expected to take place in 2024… Source: www.globenewswire.com