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Consumer Financial Protection Bureau, Honda
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
15h
Taking on Tesla, Honda debuts wild 0 Series EV prototypes
Honda’s all-electric Prologue, a collaboration vehicle manufactured in tandem with GM, has been a serious hit for the brand.
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 ...
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 ...
autoevolution
1d
American Honda Promises the Arrival of CR-V TrailSport, New Prelude, and More for 2025
The US division of the Japanese automaker is preparing for a busy year over at Honda and Acura - with new model introductions ...
4d
Sony-Honda joint project launches a pricey electric car with futuristic tech
Though it looks like a generic sedan with some luxury touches, the company is promoting it as a tech platform built for ...
2d
Don’t like your car dealer? Be careful what you wish for
As you might expect, it enraged nearby dealers, who feared factory-owned stores would receive preferential treatment. In the ...
8d
Looking for Love? Honda Wants You to Be in a Relationship With Your Car
At CES, the Japanese automaker touts an uncomfortably intimate, borderline sexual, connection between drivers and the AI ...
autoevolution
7d
Honda Civic Hybrid Wins 2025 North American Car of the Year Award
Following three previous NACTOY accolades, the Honda Civic is North American Car of the Year again, though only in hybrid ...
autoTRADER.ca
16h
Best Small Car: 2025 Honda Civic
The Honda Civic has been voted as the Best Small Car in the 2025 AutoTrader Awards by our expert jury, representing a ...
20h
Auto Expo 2025: Honda Activa E Launched In India Priced At Rs 1.17 Lakh
Honda Activa e is the first electric scooter of the brand in India and comes with two swappable 1.5 kWh battery packs.
MomsWhoSave on MSN
2d
Honda vs. Toyota: Which is Your Best Option for a Family Car?
Are you shopping for a new family car? Honda and Toyota are both popular choices, since they’re known for their reliabil ...
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