Penske and Mitsui Are Taking PAG Private for $16.3 Billion, With Help From Toyota’s and Mercedes’ Lenders
Penske and Mitsui are paying $212 a share to take PAG private, and some of the money is coming from…
Repo Watch: Good Credit Got You the $45,000 Loan. It Can’t Make the $1,000 Payment, and Nobody’s Hiring
Repossessions were already at their highest level since 2009 before 2026 handed car owners three shocks at once: 165 days…
Going Electric at $4.33 Gas Saves About $118 a Month. The $520 Loan Payment Eats That for Breakfast
At $4.33 gas, an EV or hybrid cuts the fuel bill, but at subprime rates the loan costs several times…
Hertz Gave Up Half the Votes in Robotaxi Unit Oro for About a Sixth of the Profits. Here’s Where the $81 Million Went
Hertz sold about a sixth of Oro's profits and half its votes for $81 million. The 8-K shows most of…
Auto Tariffs Were Supposed to Keep Work in Michigan. A Sterling Heights Ford Supplier Just Cut 156 Jobs Anyway
JG Kern Enterprises is laying off 156 workers after Ford pulled its Lightning parts work, some of it reportedly to…
GM Says Its Warranty Covers the 2025 Traverse Brake Problem. Also, It Doesn’t. A Federal Judge Asked: ‘Which One Is It?’
A judge refused to toss a 2025 Chevy Traverse brake lawsuit after GM argued its warranty both governed the dispute…
Two Red Mustangs Hit 120 MPH on I-4. The Trooper Says They ‘Appeared’ to Be Racing. Florida Law Wants More Than That
Two red Mustangs were stopped at 120 mph on I-4 near Tampa. The trooper’s report says they appeared to be…
Auto Debt Just Hit $1.71 Trillion. It’s Not Crashing. It’s Squeezing Used-Car Buyers Instead
Auto debt hit $1.71 trillion, but it isn't crashing. The strain is landing on used-car buyers with weak credit, long…
Savannah Police Swear ICE Isn’t on Their Flock Network. They Just Fired an Officer for Sharing Her Login With Her ICE-Agent Husband
Savannah police say ICE has no Flock access. WTOC reports an officer was fired for giving her ICE-agent husband her…
Hyundai Says 94,622 Genesis and G80 Seats Can Overheat. Park Outside, Because There’s No Fix Yet
Hyundai is recalling 94,622 Genesis and G80 sedans whose seat switches can stick on and overheat. There's no fix yet,…
Tesla’s FSD Class Action Stalled Because Nothing Forced Buyers to Open the Page With the Promise
The Ninth Circuit vacated class certification in LoSavio v. Tesla because nothing required FSD buyers to visit the page carrying…
Police Say a Silverado’s Automatic Braking Was On When It Hit Fort Collins Pedestrians. The Accelerator Overrode It
Fort Collins police say the pickup that drove onto a downtown sidewalk on Aug. 29...
MapQuest Added a Layer of Eyeballs for Plate Readers. Its Help Page Doesn’t Say Where They Came From
MapQuest's help center shows how to switch on a map layer of eye icons for surveillance cameras. It doesn't say…
Ford’s 6.7L Power Stroke CP4 Pump Fight Is Now a Class Action in Five States. Here’s Who Actually Qualifies
For seven years, the argument over the Bosch CP4 high-pressure pump in Ford’s 6.7-liter Power...
A $400,000 Corvette ZR1X Markup Is Making the Rounds. The Dealer’s Own Price Tags Don’t Back It Up
George Nunnally Chevrolet's website prices its cars at MSRP plus a $129 fee. An addendum carrying its name adds $400,000…