CFPB head may have violated U.S. law with lending rules, U.S. House Republicans claimWed, 18, Jan 2017
In a blow against the Consumer Financial Protection Bureau just two days before President-elect Donald Trump takes office, U.S. House Republicans accused the CFPB of potentially violating federal law with its rule authorizing the agency to regulate certain auto lenders.
Record or not in 2016, auto sales growth seen drawing to endFri, 30, Dec 2016
While it's still too close to call whether 2016 delivered another annual record for U.S. auto sales, it's clear the era of rapid growth is over. The industry is entering 2017 with analysts projecting the first significant decline in eight years -- a drop of 200,000 vehicles, about the equivalent of one factory's production -- to 17.3 million cars and light trucks.