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GM settles ignition-switch disclosure case with SEC

General Motors today said it will pay a $1 million fine to settle an investigation by the U.S. Securities and Exchange Commission related to its 2014 ignition-switch recalls. The agreement does not require GM to admit any wrongdoing, nor does it call into question any of GM’s financial statements or disclosures, the company said.

J.D. Power launches residual-value product

J.D. Power has launched its own residual-value product, putting it in competition with TrueCar Inc.'s ALG and others at a time when lease

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