Bomb Found in Repossessed Truck

Caldwell, ID – 25 May 2017 – Employees of a Caldwell car dealership handled the small device Tuesday before deciding it could pose a danger and notifying police.

“My first reaction was that it wasn’t a real device,” said Scott Emry, owner of Hum Motors at 6719 Cleveland Blvd. “I picked it up and looked at it, went through all the (serial) numbers and realized I shouldn’t be handling this.”

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Auto Loan Fraud Soars

Up to 1% of car loan applications include deception, firm says

Borrower fraud in U.S. auto loans is surging, and may approach levels seen in mortgages during last decade’s housing bubble, according to a startup firm that helps lenders sniff out bogus borrowers. As many as 1 percent of U.S. car loan applications include some type of material misrepresentation, executives at data analytics firm Point Predictive estimated based on reports from banks, finance companies and others. Lenders’ losses from deception may double this year to $6 billion from 2015, the firm forecast.

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Auto Sales: The Party May be Over

usd_car_lotCar sales are near record levels. But this is a time of uncertainty for the industry, not celebration.

Sales are showing signs of leveling off. When December figures come in Wednesday, they may be enough to eke out a seventh straight year of gains, edging past last year’s record of 17.5 million cars and trucks. But sales are expected to fall in 2017.

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