Finance And Insurance
UPDATED: 11/22/17 4:13 pm ET - adds BMW statement.

BMW recalls all i3 electric vehicles

BMW is recalling all 2014-18 i3 electric vehicles for higher risk of neck injuries to smaller people in the driver's seat who aren't wearing seat belts, according to recall documents.

UPDATED: 11/8/17 1:55 pm ET - corrected
Ally provides $2 billion in financing to Carvana

Ally Financial is tripling its bet on one of the auto industry's disrupters by committing $2 billion to finance retail contracts for online used-vehicle retailer Carvana over the next year.

Conant Auto Retail Group to pay $1.4 million to settle FTC claims

The California dealership group will pay $1.4 million for violating a 2014 FTC order that prohibited it from false advertising of financing terms.


Wells Fargo faulted by U.S. regulator for auto insurance abuses, report says

Wells Fargo wrongly pushed auto insurance on customers who did not need it and took too long to halt the abuse, the New York Times reported, citing a confidential report.

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