News
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California’s DMV Hounded a Widower for Fees on the SUV a Big Rig Destroyed. The Trucker Kept His License
The DMV threatened Loren Chow with wage garnishment over fees on the SUV a semi wrecked. The trucker kept driving until a second manslaughter conviction.
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Turo Got Its Car Back but Never Cleared the Stolen Report, a Minnesota Mom Says. Then New Jersey Police Detained Her
A Minneapolis mother says New Jersey police detained her because her Turo rental was still flagged stolen after its owners got it back. Turo’s own terms ban exactly that.
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Used-Car Lots Are Fuller Than Last Year. Good Luck Finding Anything Under $15,000
Dealers have 3.3% more used cars than a year ago, but 16.2% fewer priced at $15,000 or less, while the average listing hit $27,235, the highest since December 2022.
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He Had Both Escalade Keys at Home When It Vanished. Deputies Say Thieves Used a Computer to Make a Third
A Kendall Escalade owner woke up to an empty driveway and both keys still in the house. Miami-Dade deputies say a computer-programmed key and a signal jammer explain the rest.
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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 the finance arms of Toyota and Mercedes-Benz, two brands PAG sells.
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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 of $4 gas, a job market that added 29,000 jobs in September, and a Federal Reserve raising rates into it. Prime borrowers’ late payments are now climbing while subprime’s improve. This is the first installment…
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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 the savings. The paid-off old car still wins.
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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 the check went back to Hertz.
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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 India. The tariff rules, the contract law and the WARN Act all left the supplier carrying the risk.
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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 and didn’t cover the defect. Six more owners have now sued.
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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 racing. Florida law asks for more than that.
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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 loan terms and loans bigger than the car is worth.
