auto industry http://news.stlpublicradio.org en US Fidelis Co-Founder Gets Eight Years In Prison http://news.stlpublicradio.org/post/us-fidelis-co-founder-gets-eight-years-prison <p>The St. Charles County man who once helped run the largest seller of extended <a href="http://news.stlpublicradio.org/post/push-curb-auto-service-contract-scams">auto warranty contracts</a> will spend eight years in federal prison for bilking customers out of millions of dollars.</p><p>Darain Atkinson pleaded guilty to conspiracy and tax charges in April. He was sentenced to the maximum of eight years today, and must also pay $4 million in restitution.</p> Tue, 25 Sep 2012 16:54:03 +0000 Rachel Lippmann 4695 at http://news.stlpublicradio.org US Fidelis Co-Founder Gets Eight Years In Prison Auto parts tax break endorsed by Mo. House http://news.stlpublicradio.org/post/auto-parts-tax-break-endorsed-mo-house <p>The <a href="http://house.mo.gov/">Missouri House</a> has given first-round approval to legislation that would<a href="http://house.mo.gov/billsummary.aspx?bill=HB1455&amp;year=2012&amp;code=R"> expand tax breaks for auto parts manufacturers</a>.</p><p>Ford and General Motors already have access to the incentives.&nbsp;&nbsp;<a href="http://house.mo.gov/member.aspx?year=2012&amp;district=013">State Rep.&nbsp;Chuck Gatschenberger </a>(R, Lake St.&nbsp;Louis), the bill&rsquo;s sponsor, says it would expand the benefit to smaller auto parts builders.</p> Wed, 25 Apr 2012 22:28:38 +0000 Marshall Griffin 3572 at http://news.stlpublicradio.org Auto parts tax break endorsed by Mo. House Former owner of US Fidelis pleads guilty to state charges http://news.stlpublicradio.org/post/former-owner-us-fidelis-pleads-guilty-state-charges <p><strong>Updated at 4:08 with comments from Attorney General Koster and Darain Atkinson&#39;s attorney.</strong></p><p><strong>Updated 3:58 with statement from the Better Business Bureau:</strong></p> Thu, 05 Apr 2012 21:30:11 +0000 Rachel Lippmann 3436 at http://news.stlpublicradio.org Former owner of US Fidelis pleads guilty to state charges Mo. gov. details proposed auto supplier incentives http://news.stlpublicradio.org/post/mo-gov-details-proposed-auto-supplier-incentives <p>Gov. Jay Nixon wants to offer larger incentives to a wider variety of automobile parts suppliers as part of a plan to rebuild the automotive industry in Missouri.</p><p>Nixon&#39;s administration provided details to The Associated Press of a plan the governor has been touting in broad terms for the past couple of weeks.</p><p>Nixon is seeking to expand special automotive industry incentives approved in 2010 that have been used to persuade Ford and General Motors to expand operations at Missouri plants. The 2010 law also authorized incentives for suppliers to automakers.</p> Fri, 20 Jan 2012 20:31:53 +0000 The Associated Press 2906 at http://news.stlpublicradio.org Mo. gov. details proposed auto supplier incentives Morning headlines: Monday, January 2, 2012 http://news.stlpublicradio.org/post/morning-headlines-monday-january-2-2012 <p><strong>Last provision of Mo. law aimed at curbing auto extended&nbsp;service contract industry takes effect</strong></p><p>Republican&nbsp;Senator Scott Rupp sponsored the legislation after he&nbsp;says he received lots of complaints about the businesses in his suburban St. Louis district.&nbsp;</p><p>The last portion&nbsp;of the law to take effect requires the extended contract service providers, and&nbsp;their employees, to apply for a license with the Missouri Department of Insurance.</p> Mon, 02 Jan 2012 15:23:40 +0000 Julie Bierach, Maria Altman, WUIS & The Associated Press 2774 at http://news.stlpublicradio.org Morning headlines: Monday, January 2, 2012 A push to curb auto service contract scams http://news.stlpublicradio.org/post/push-curb-auto-service-contract-scams You've likely seen the commercials for vehicle service contracts on TV promising to save customers thousands of dollars in repairs to their older cars and trucks.<p>And St. Louis is like the Silicon Valley of those vehicle service contract companies. Thu, 01 Sep 2011 13:21:38 +0000 Maria Altman 1972 at http://news.stlpublicradio.org A push to curb auto service contract scams Stop Repair Bills gets over 200 complaints, garners "F" grade from BBB http://news.stlpublicradio.org/post/stop-repair-bills-gets-over-200-complaints-garners-f-grade-bbb <p>The<a href="http://www.bbb.org/us/"> Better Business Bureau</a> received more than 200 complaints nationwide about an auto warranty marketer based in suburban St. Louis.</p><p><a href="http://stoprepairbills.com/index.php">Stop Repair Bills</a> of St. Peters also is getting an "F" grade from the Better Business Bureau.</p><p>The company markets auto repair plans, but Bill Smith, a trade practice investigator with the BBB, says customers are missing the fine print.</p> Thu, 06 Jan 2011 23:25:41 +0000 Maria Altman 266 at http://news.stlpublicradio.org Stop Repair Bills gets over 200 complaints, garners "F" grade from BBB Feds set to take action against "extended warranty" companies http://news.stlpublicradio.org/post/feds-set-take-action-against-extended-warranty-companies <p>This is the first criminal action against service-contract sellers: will update after 2:30pm hearing.</p> Mon, 13 Dec 2010 16:37:55 +0000 Rachel Lippmann 109 at http://news.stlpublicradio.org Feds set to take action against "extended warranty" companies