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Honda, Consumer Financial Protection Bureau
Honda's auto financing arm fined $12.8M over alleged credit reporting lapses
American Honda Finance Corp., the auto financing unit of Honda Motor Co. (NYSE:HMC), has been ordered by the U.S. Consumer Financial Protection Bureau to pay a $12.8M penalty for allegedly posting inaccurate information that impacted the credit reports of hundreds of thousands of Honda and Acura vehicles,
Honda Auto Finance fined $12.8 million for reporting errors
The Consumer Financial Protection Bureau said American Honda Finance Corp. inaccurately reported 300,000 borrowers as delinquent who had paused loan payments during the pandemic.
Honda's financing arm ordered to pay $12 million for credit reportiing failures
The Consumer Financial Protection Bureau (CFPB) has ordered American Honda Finance Corporation to pay $12.8 million for reporting incorrect information tha
TopSpeed
1d
What Makes Honda’s Inline-Four Engines The Gold Standard For Longevity
Honda is renowned for building some of the best four-cylinder engines in the world. Here is what makes them so great.
2d
on MSN
Honda's 2025 Plans Include a New Electric SUV Named After a Car
Honda's premium arm is set to launch a new battery-electric sport utility vehicle (SUV) this year. The 2026 Acura RSX will be ...
Dayton Daily News
2d
What would a Honda-Nissan merger mean for Ohio jobs? Currently unclear.
Honda and Nissan are weighing the creation of a joint holding company “amid the dramatic changes in the environment ...
2d
on MSN
Honda says the Acura RSX will be the first original EV with the Asimo operating system
The RSX will also be the first vehicle from Honda to feature its in-house-developed Asimo OS. At CES, Honda said that Asimo ...
4d
Never-Ridden Honda Motorcycle Sells For Record $250,000
It might look modern, but the NSR500V is from what is now a bygone era in racing. Would you ride it if you owned it?
11d
on MSN
Honda's new hybrid engines merge efficiency with performance
Like any good hybrid system, Honda’s focus is on maximizing fuel consumption by leveraging torque whenever possible and using ...
New Atlas
1d
Rare 1982 Honda minibike truck rolls into Vegas for auction
Long before adventure motorcycles became cool, Honda was producing a “heavy duty” minibike that was designed to be loaded up ...
2d
Honda-Nissan Plan, Stellantis Problems May Prompt More Mega-Mergers
The mooted Honda Nissan merger and the fallout from leadership change at Stellantis suggests the auto industry must brace for ...
1d
on MSN
Is Honda Motor (HMC) Among the Cheapest Stocks with Biggest Upside Potential?
We recently compiled a list of the 12 Cheapest Stocks with Biggest Upside Potential. In this article, we are going to take a ...
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