News - Auto News

Renault-Nissan alliance board could be divided over Ghosn's fate

Carlos Ghosn's surprise arrest on allegations of financial misconduct has left Renault-Nissan car alliance board members in a bind over his future, with board members in Japan divided over whether to dismiss him as chairman and the French side...

Why Wells Fargo is fighting to leave older claims out of its auto payout plan

Wells Fargo is fighting to shut some customers out of a sweeping plan to compensate around 600,000 drivers it pushed into car insurance they did not need, according to court documents.

Lenders find ways to adapt as technology evolves

Lenders are working to adapt to an auto retail and auto finance model largely driven by technology, some with operational adjustments and others with fintech partnerships.

Why subprime auto loans increased in the Q3

It's too soon to call it a trend, but third-quarter subprime auto originations rose from the year earlier for the first time in more than two years, the Federal Reserve Bank of New York and TransUnion said in separate reports last week.

Nissan-Renault rivalry bursts into the open after Carlos Ghosn's arrest

Tensions between Nissan and Renault over the future of their alliance have exploded into the open following the downfall of Chairman Carlos Ghosn, and his top lieutenant.