(Bloomberg) -- Creditors to First Brands Group are tallying paper losses in the billions of dollars and trying to assess the widening damage from the unanswered questions swirling around the ...

The seemingly sudden bankruptcy of subprime auto lender Tricolor Holdings has thrown the used-car financing world into chaos, with banks, investors, and regulators racing to untangle the complex ...

CHENGDU, China - On the outskirts of this city of 21 million, a showroom in a shopping mall offers extraordinary deals on new cars. Visitors can choose from some 5,000 vehicles. Locally made Audis are ...

ALBUQUERQUE, N.M. — A suspect is in jail for allegedly shooting and killing two employees over oil at an O’Reilly Auto Parts store in Albuquerque. Bernalillo County Sheriff’s deputies arrested 27-year ...

Many Americans love the feeling of driving a new car, but the price of that thrill is pushing household budgets to the edge. Auto loan delinquencies are spiraling, the nation now owes a staggering ...

Ben Khalesi covers the intersection of artificial intelligence and everyday tech at Android Police. With a background in AI and data science, he enjoys making technical topics approachable for those ...

Auto dealer Tricolor filed for Chapter 7 bankruptcy in Texas court on Wednesday, moving to liquidate its business a day after Fifth Third Bank warned of alleged fraudulent activity at the company.

Tricolor, a major subprime auto lender specializing in buyers without social security numbers or credit histories, is going out of business. The company filed for bankruptcy on Wednesday. Most ...

NEW YORK, Sept 10 (Reuters) - Auto dealer Tricolor filed for Chapter 7 bankruptcy in Texas court on Wednesday, moving to liquidate its business a day after Fifth Third Bank (FITB.O), opens new tab ...

A fourth auto insurer has announced its plans to leave Alberta, citing challenges in the province’s auto insurance market and rising costs of auto claims. “This necessary decision is in direct ...

The growing costs to buy and maintain a car – exacerbated by inflation and tariffs – are leading to rising auto loan defaults and repossessions and a potential crisis for American consumers left ...

Automakers produce vehicles with standard driver-assistance and safety features that can sometimes feel unnecessary. The auto start-stop feature does benefit a specific type of driver in certain ...