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More than 500 borrowers in Massachusetts could be eligible for relief in this settlement. Toyota Motor Credit denied any wrongdoing.
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Hometown Auto Framingham has also agreed to adopt NADA's Voluntary Protection Products policy at its Massachusetts dealerships for three years.
"Inflation has eased somewhat but remains elevated," the U.S. central bank said in a statement that marked an explicit acknowledgement of the progress made in lowering the pace of price increases from the 40-year highs hit last year.
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Betty Jotanovic in March will assume Bruce Jackson's role as Santander Consumer USA president of Chrysler Capital and auto relationships.
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