Consumers in California have lease holder laws that offer protection beyond the federal laws. Whatever your reason for wanting to get out of a lease, if you do not have a “cooling off” clause in your contract, it is recommended to proceed with caution. The laws allow consumers in California to terminate a California automobile lease at any time, but Continue reading
Category Archives: Automotive News
Broadened WiFi Could Affect Auto Safety
The Federal Communications Commission (FCC) are proposing new rules that will let new users use frequencies allocated to developing car to car communications. Automakers and suppliers are saying that the broadened Wi-Fi use could potentially cause problems with accident prevention technology in vehicles, and they have sent a letter to the FCC protesting the plan. Continue reading
As Sales Slow Auto Manufacturers Turn To U.S. Consumers
As vehicle sales slow around the world, automobile manufacturers are turning to the United States low interest rates and climbing consumer confidence to sustain this years sales. This is especially evident at this years North American International Auto Show in Detroit as luxury automobile manufacturers show new models aimed specifically at US consumers. Continue reading
New Auto Technology Changes Driving
Today’s consumers love modern automobile technology, and according to a recent I.B.M. study, automobile buyers are increasingly buying vehicles according to the gadgets they contain. This has lead automakers on a race to see who can offer the latest automobile technology. Continue reading
California Automobile Consumer Recovery Fund
In 2008, as hundreds of California auto dealerships closed down, consumers trading in their old vehicles were often left with two car payments as a result of the dealer not absolving the trade in loan before they went out of business. Continue reading
New China Lemon Laws Affects Foreign Car Importers
On January 01, 2013, the Chinese government will be implementing new automotive recall laws to increase consumer protections against lemon automobiles. The laws are likely to created disputes within the market as new regulations increase the accountability of manufacturers when it comes to quality control and documentation. Continue reading
Auto Financing Scam
In 2011, the Federal Trade Commission (FTC) held a series of discussions to explore corrupt practices in the automobile lending market. One abuse that seemed to be particularly prevalent was the “yo-yo scam”. Reports showed that consumer’s dealing with auto finance problems experienced a yo-yo scam approximately 30 percent of the time. Continue reading
US Suzuki Files For Bankruptcy
California based U.S. Suzuki, announced yesterday that they will stop selling automobiles in the United States as a plan to restructure the business. According to Suzuki, slow sales, low foreign exchange rates and expensive state and federal regulatory requirements Continue reading
