Massachusetts AG Enters Two Settlements with Auto Industry

The AG’s Office settled with Toyota Motor Credit Corp. for illegal auto finance collection practices and Hometown Auto Framingham for discriminatory prices of add ons.
The AG’s Office settled with Toyota Motor Credit Corp. for illegal auto finance collection practices and Hometown Auto Framingham for discriminatory prices of add ons.
The integration will allow dealers to search for vehicles they wish to purchase directly from consumers by year, make, model and trim, according to the company.
Experian’s new Auto Equity Model helps users estimate a consumer’s vehicle equity on an existing auto loan.
GO Financial, a Phoenix-based subprime auto finance company, completed the sale of an additional equity interest in the company to Manheim.
VehicleXchange will now incorporate Experian data into its new suite of auto-loan equity tools. Officials also announced plans to develop a new generation of services that range from data mining to dynamic appraisal and digital auto retailing.
Cox Enterprises acquires 25% stake in AutoTrader Group from Providence Equity Partners.
First Investors Financial Services Group and FIFS Holdings entered into a merger agreement, which has FIFS Holdings acquiring the group’s common stock in an all-cash transaction valued at $100 million.
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