Earlier this month a report revealed that at least four major carmakers continue to equip new vehicles with Takata airbags that will soon be recalled after being found to deploy with enough force to shoot pieces of shrapnel at drivers and passengers. Today, one of those carmakers — Fiat Chrysler — announced plans to immediately stop using the safety devices in question. [More]
Changing Practices
Credit Bureaus Must Pay $6M, Fix Errors More Quickly Under 31-State Agreement
By 5.21.15
The three largest companies to collect and disseminate credit information for millions of Americans – Experian, Equifax and TransUnion – must significantly change the way they treat disputed information on credit reports as part of a massive multi-state settlement announced this week. [More]
BMW Settles FTC Charges That It Required Consumers To Use Specific Parts, Service Centers Or Lose Warranties
By 3.20.15
Under federal law, car manufactures are prohibited from threatening to revoke vehicle warranties based on where a consumer chooses to have their vehicle fixed. Apparently, a division of BMW didn’t follow that rule and now must change its practices to resolve charges from federal regulators. [More]
