Finance And Insurance

Australian man likely 18th death from faulty Takata airbags

An Australian man who died in a Sydney car crash may be the 18th death linked to faulty Takata airbags, after police said he was killed when hit in the neck by shrapnel from an airbag.

A changed landscape in Canadian auto finance

The 2008 financial crisis sharply reshaped Canadian auto finance. Captives that once dominated the auto loan and lease market lost nearly half their share within four years.

New CFPB rule prohibits lenders from forcing arbitration

The CFPB banned banks and other financial services companies from including mandatory arbitration clauses in contracts to prevent consumers pursuing claims of wrongdoing from joining class-action lawsuits. The rule could have a wide-ranging impact on automaker's captive finance units and other auto lenders.


Nissan, Infiniti shuffle finance unit executives

Mark Kaczynski, after six years as president of Nissan Motor Acceptance, is leaving his post to become vice president of administration and finance for Infiniti.

Sign up for our daily newsletter

We'll send you the top news of the day each weekday afternoon.

Newsletters