More than 1 in 5 car loans stretch 7 years or longer as shoppers are taking on larger loans than ever before with less money down.
Posts published in “National News”
Proposed legislation would create a grant program that pays repair shops to die or pin stamp a VIN on the outside of a catalytic converter.
This fictional auto repair story reimagines the roles of government, an independent repair shop, a consumer and the need for Right to Repair legislation.
Online to offline repair could expand its potential reach to over two-thirds of the DIFM light vehicle market by 2030.
The company filed for bankruptcy protection on Monday after disclosing liabilities of more than $10 billion; obtains financing to continue operations.
Technician knowledge gaps, training, T&E investments and more are raising safety concerns once vehicles land in the shop. And return to the road.
Among the proposals is eliminating higher down payments required by some SBA loans and increasing the maximum loan amount for some from $5 million to $10 million.

