Subprime Auto Loans

Auto lending in the midst of an economic collapse is never pretty, as people stop paying on their car loans to…

It’s all-too-often that people end up in a situation where their car is worth a lot less than their loan balance.…

Remember back before the economic crash of 2008 just over a decade ago? One of the heralds of that massive worldwide…

General Motors is shutting down a plant as part of a global restructuring, Aston Martin looks to double production…

Facing accusations by the feds that it misled customers on their auto loans and insurance products, subprime auto…

Every morning I wake up, splash some water on my face, and say, to no one in particular, “Today’s the day we’ll see…

Hi, I’m Ishaan Jhaveri. I’m a data journalist who works with Gizmodo Media Group’s Special Projects Desk. I worked…

When Don Foss started his career as a car salesman, he recognized early on that most of his prospective customers…

Richard Parker locked down a job at a Ford plant in the Detroit area, and, like most residents of the region, needed…

In recent years, regulators and law enforcement have vigorously pursued claims that subprime auto lenders have…

It’s well-established that practically everyone hates the idea of President Donald Trump’s proposed 25 percent…

Car buyers are taking out loans with exceptionally long, record-setting terms—in some cases approaching 96 months—and…

Phones are less expensive than a car, I get that, but here’s another bullet point to help illustrate the fact that…

Good morning! Welcome to The Morning Shift, your roundup of the auto news you crave, all in one place every weekday…

A Massachusetts subprime auto lender is paying $765,000 to settle claims from the state’s attorney general that it…

To spur record sales over the last few years, automakers and dealers have turned to everything from super loose…

On June 19, 2015, Bronx resident Carlos Guerrero-Roa went to an auto dealer in Brooklyn to purchase a 2005 Lexus RX…

Americans owe more than $1 trillion in car loans, and we’re borrowing record-setting amounts to buy a car. That’s…

USA Today, America's most colorful newspaper, is running a story about devices that are being used to ensure car…