Tag: Autos

Japan_Honda_Earns_Broa.jpg

Business

Six of 12 small cars do well in front crash tests

In this Thursday, April 11, 2013 file photo, Indian dancers perform as Honda’s new Amaze diesel engine car rolls in during its launch in New Delhi, India. (AP Photo/Altaf Qadri, File) by Tom KrisherAP Auto Writer DETROIT (AP) — Two redesigned Honda Civic models were the only small cars to get the top rating in stringent front-end crash tests performed by an insurance industry group. In all, half of the 12 compact and subcompact cars tested by the Insurance Institute for Highway Safety fared poorly, but six performed well. Safety is critical in the fast-growing small-car market, with many buyers downsizing from larger vehicles.

crowellNEW.jpg

Business

Don’t let auto dealer markups take you for a ride

CHARLENE CROWELL (NNPA)—The Consumer Financial Protection Bureau recently issued a warning to banks, finance companies and credit unions that they will be held accountable for discrimination in auto lending. In announcing its intention to hold auto lenders accountable for illegal, discriminatory markups, CFPB also published a bulletin detailing ways lenders should incorporate practices designed to honor fair lending laws.