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BUBBLE? As Auto Lending Rises, So Do Delinquencies. On Wednesday, the Federal Reserve Bank of New…

BUBBLE? As Auto Lending Rises, So Do Delinquencies. On Wednesday, the Federal Reserve Bank of New York noted increasing distress among auto borrowers with shaky credit, as subprime delinquencies rose in the third quarter. In the third quarter, 2 percent of subprime auto loan balances became at least 90 days delinquent, up from 1.6 percent […]

As Auto Lending Rises, So Do Delinquencies

The Federal Reserve Bank of New York expressed concern on Wednesday that delinquencies among auto borrowers with shaky credit had been rising.

Jeep Grand Cherokee Trackhawk, Buick Velite concept, Rezvani Beast: Today’s Car News

Jeep’s CEO has confirmed the Trackhawk name for the new Grand Cherokee powered by the Hellcat supercharged 6.2-liter V-8. It’s due in showrooms next fall and will likely make its debut at the 2017 New York auto show. Buick has unveiled a new concept car called the Velite. It’s a high-performance plug-in hybrid that’s meant...

Who Offers The Best Car Insurance In New York?

With an abundance of auto insurers in New York it's hard to decide who offers the best car insurance in NY. Here are our four favorites in the state. Who Offers The Best Car Insurance In New York? appeared first on Money Under 30®. © Moneyblogs, LLC.

BMW i8 Spyder not due until 2018, says CEO

2 months agoVehicles / Cars : Motor Authority

BMW in March confirmed plans to add a convertible version of its i8 plug-in hybrid sports car, having first previewed the car in concept form as far back as the 2012 New York auto show. Sadly, the i8 convertible, which may be called an i8 Spyder, like the concept, won’t be in showrooms until 2018. The information was revealed by BMW CEO...

Metals Recycler Builds Rare $7.5 Million Scrap Processing Plant

Metals recycling company Upstate Shredding – Weitsman Recycling says it will build a $7.5 million heavy media plant in Owego, New York. The media plant, which will process zorba generated by auto shredding operations and other sources, will be one of only a few such plants in operations in the US.

This $2 million Swedish hypercar will give Ferrari, McLaren and Porsche nightmares

Swedish supercar specialists Koenigsegg showed off its new Regera hybrid for the first in North America, earlier this year, at the 2016 New York Auto Show. The Ferrari LaFerrari, McLaren P1 and Porsche 918 comprise the Holy Trinity of...Show More Summary

How Did F1 Lose $1 Billion Of Value In Two Months?

Two years ago New York Post media reporter Claire Atkinson revealed that Liberty Media planned to buy Formula One auto racing from its controlling shareholder the private equity firm CVC so there shouldn’t have been any surprise when it finally announced the deal earlier in September. However, the majority of [...]

Witness Who Was Set to Testify Against NYPD Cop Is Brutally Killed

Robert Bishun, 36, was found strangled in the back of his BMW in the Fieldston section of the Bronx, N.Y., Tuesday after being abducted from his auto body shop, the New York Daily News reports. Bishun was a cooperating witness who was set to testify against Police Officer Merlin Alston, who was charged with narcotic conspiracy, accused […]

Auto racing's NASCAR accused of racial discrimination in lawsuit

NEW YORK, Sept 19 (Reuters) - NASCAR was hit with a $500 million lawsuit accusing the auto racing body of racial discrimination for preventing black-owned teams and drivers from competing, including in the Sprint Cup Series.

2018 Ford Expedition spied looking stylish

Ford's new Expedition is probably coming to Detroit, where it will show off an aluminum body inspired in part by the Navigator Concept from this year's New York Auto Show. Continue reading 2018 Ford Expedition spied looking stylish 2018 Ford Expedition spied looking stylish originally appeared on Autoblog on Tue, 06 Sep 2016 11:55:00 EDT. Show More Summary

Lindsay Lohan vs Rockstar thrown out as GTA V 'likeness' was deemed a parody

I completely forgot this was a thing, but a New York appeals court just threw out the "Lohan vs. Rockstar" lawsuit for using her likeness in Grand Theft Auto V. The case claimed that the character looked "too much like Lohan," and also in so many ways insinuated that Lohan had basically copyrighted the idea of a peace sign. Show More Summary

Lindsay Lohan's Grand Theft Auto lawsuit rules in Rockstar's favour

The lawsuit Lindsey Lohan filed against Rockstar for allegedly using her likeness in Grand Theft Auto 5 has been dismissed by the New York County Supreme Court. Back in 2014 Lohan sued Rockstar as she accused the company of making a character, Lacey Jonas, who was an "unequivocal" reference to the Mean Girls star. Show More Summary

Court Tosses Lindsay Lohan’s Lawsuit Against ‘Grand Theft Auto V’ Makers

A New York appeals court has thrown out a lawsuit by Lindsay Lohan that accused the makers of "Grand Theft Auto V" of exploiting the actress's likeness in the hit video game.

Lindsay Lohan doesn't look like anyone in 'Grand Theft Auto V,' rules New York State court

"Grand Theft Auto" is the ultimate parody series. Each game in the wildly popular franchise has gone deeper into satire of American culture. But sometimes that satire butts up against reality. Such is the case with one advertisementShow More Summary

Rare Mazda MX-5 RF Launch Edition Coming

4 months agoVehicles / Cars : AutomoBlog

Originally appeared on Automoblog.net The 2017 Mazda MX-5 Miata RF made its debut earlier this year at the New York International Auto Show. Now, Mazda’s most loyal enthusiasts have chance to purchase the MX-5 RF Launch Edition. The show car is limited to only 1,000 units in the United States, but it’s coming. Show More Summary

Why aren’t Millennials racking up credit card debt?

An analysis by The New York Times reported that millennials are taking on fewer mortgage and auto loans than previous generations, and as a result, they use credit cards less than people did at their age in the past. Continue reading ? The post Why aren’t Millennials racking up credit card debt? appeared first on PBS NewsHour.

Honda’s latest CarPlay vehicle is the 2017 Civic Hatchback arriving this fall

4 months agoTechnology / Apple : 9 to 5 Mac

First announced at the New York Auto Show back in March, Honda today confirmed availability details for the 2017 Civic Hatchback, its latest vehicle with support for Apple’s iPhone-connected CarPlay system. more… Filed under: Apple

NY Fed: Household Debt Increased Slightly in Q2 2016, Delinquency Rates Declined

The Q2 report was released today: Household Debt and Credit Report.From the NY Fed: Household Debt Balances Increase Slightly, Boosted By Growth In Auto Loan And Credit Card Balances The Federal Reserve Bank of New York’s Center forShow More Summary

Ford and Jose Cuervo eye bioplastic

Car company Ford and tequila maker Jose Cuervo explore ways of transforming fibres from agave into bioplastic that could replace fibreglass. ||| New York - Booze and driving are a bad combination, but US auto company Ford and Mexico's...Show More Summary

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