Latest news with #Montebello
CBS News
06-07-2025
- CBS News
Pedestrian on scooter killed during three-vehicle crash in Montebello
A pedestrian riding a scooter was killed during a three-vehicle crash in Montebello on Saturday. It happened a little before 11:30 a.m. in the 300 block of N. Garfield Avenue, according to the Montebello Police Department. "Upon officers' arrival, it was determined that three vehicles were involved in the traffic collision along with a pedestrian on a scooter," said MPD's news release. "The pedestrian was not responsive and transported to LCMC where he later succumbed to his injuries." The victim has not yet been identified. Officers say that one vehicle involved in the crash rolled over. Circumstances leading up to the collision remain under investigation. Garfield Avenue was closed in both directions between Hay Street and Madison Avenue as their investigation continued, police said. Anyone who knows more is asked to contact police at (323) 887-1258.
Forbes
25-06-2025
- Automotive
- Forbes
Cox Forecasts Slowing Vehicle Sales, Higher Prices In 2025's 2nd Half
Ford trucks are seen at a car dealership in Montebello, California on May 5, 2025. (Photo by ... More Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images) New vehicle deliveries will slow in the year's second half amid higher prices spurred by the tariff-related costs, Cox Automotive said Wednesday in a webinar. The current April-June period 'will turn out to be a relatively strong quarter," Jonathan Smoke, Cox's chief economist, said during the presentation. 'We now face slowing demand.' Consumers went to dealers to buy cars and trucks made before tariffs were implemented by the Trump administration. That 'surge is now in the rearview mirror,' said Charlie Chesbrough, Cox's senior economist. Cox said the seasonally adjusted annual rate (SAAR) for vehicle sales will probably be 15.3 million for June, down from 15.6 million in May and a rate of 17.5 million in March and April. Cox said in a statement that second-quarter deliveries will be 1.7% higher compared with a year earlier. The Trump administration has levied tariffs on imported vehicles as well as steel and aluminum. Tariffs are paid by companies that import goods. Those costs typically are passed on to customers. Tariffs are not payments from one country to another. 'We don't think consumers can absorb it all,' Smoke said of tariff costs. Cox forecasts U.S. 2025 new vehicle sales of 15.6 million to 16.3 million. The company originally projected 2025 sales would total 16.3 million. In addition to tariffs, consumers are dealing with continuing high interest rates for vehicle purchases. Federal Reserve Chair Jerome Powell has held interest rates steady despite criticism from President Donald Trump. 'The new vehicle market is likely to see the return of inflation,' Chesbrough said. Also in the presentation, Cox said the picture for electric vehicles is mixed. A $7,500 tax credit for EVs may end. But EV offerings are expanding. Some said the rest of 2025 will see 'a rollercoaster ride for EVs.'
CBS News
14-06-2025
- CBS News
Montebello man shouts "I am American" while immigration agents detain him
A face-to-face encounter with federal immigration agents has left Montebello man Brian Gavidia shaken and unable to sleep at night. Gavida said he was working at a tow yard on W. Olympic Boulevard in Montebello when he heard immigration agents were outside. An agent approached him when he stepped outside. Gavida said he told the officers he was an American citizen three times before they tried to detain him. "East Los Angeles born and raised, ma'am," he recalled telling an agent. "I am American. I stated I was American. He still attacked me. We are not safe, guys, not safe in America today." Gavida said the agent asked him what city and hospital he was born in before throwing him into a gate and twisting his arm. "I said, 'I don't know.' And because I didn't know, he threw me to the gate and he twisted my arm," Gavida said. "I said, 'Brother, I am American. You are twisting my arm.'" During the encounter, he said his friend, who is also an American citizen, was rough-handled by federal agents. "I see my friend state that he is an American," Gavidia said. "He gets slammed to the floor. He is bleeding from his forehead. I want to jump in and defend my friend. ICE agent looks at me with his AR-15. I can't win that battle." Gavidia said the agent took both his phone and Real ID and only let him go because his friend started filming. "I couldn't sleep last night," he said. "Let me tell you the truth: He took my ID, he took my phone. He never gave me back my ID. Is this guy going to come and pick me up at 2 or 3 a.m. I don't know." Gavidia said he won't be silenced about what he calls blatant mistreatment. "It doesn't make me happy to have my face out here like this," he said. "I don't want to be in this position. I don't want to have my face out here like this, but I have to. My people are getting attacked, and yeah I'm American, but I'm Latino as well." U.S. Customs and Border Protection did not respond to CBS News Los Angeles' request for comment.
Yahoo
14-06-2025
- Yahoo
Southern California father who is U.S. citizen, arrested during immigration raid, family says
Family members are demanding answers after they say a man who is a U.S. citizen was wrongfully arrested by federal agents during an immigration raid in Montebello. On June 12, surveillance video captured the moment several masked and armed agents surrounded a tow truck business in Montebello. The agents quickly entered the property and began detaining mechanics and other workers at the site. One of the detained men who was later released spoke to KTLA but asked not to be identified out of safety concerns. He said he was violently grabbed and taken by the agents despite being a U.S. citizen. 'He slammed me to the gate,' the man told KTLA's Ellina Abovian. 'He put my hands behind my back. I'm an American citizen. You do not do that to Americans.' Nataly Degante, whose cousin, Javier Ramirez, 32, was arrested in the raid, said that while agents began handcuffing everyone, they reportedly never provided identification or information about why they were there. 'We see in the video that they don't come with a warrant,' she said. 'They don't have any documentation in their hands.' Degante said her cousin is a U.S. citizen and a single father of two young children. She described him as a hard worker with no criminal record. Video of the raid shows some workers being moved to the ground as agents quickly handcuffed them. Ramirez is also seen on the video yelling to the agents that he's a citizen. 'He's telling them he is a U.S. citizen and he's letting them know, 'My passport is in my pocket,'' Degante said. However, Ramirez was handcuffed and taken into custody. His brother tried following Ramirez's location through his cell phone's tracking app, but the signal was eventually lost. His family has not heard from him since. 'We haven't heard anything about him,' said Abimael Dominguez, his brother. 'He's diabetic. I don't even know if he has insulin yet or has he eaten? We don't know anything. ' It remains unclear whether the agents were with U.S. Immigration and Customs Enforcement (ICE) or the Department of Homeland Security (DHS). Some of the agents appeared to be wearing uniforms with a Border Patrol insignia. 'I voted, but not for this,' said the man who was detained and later released. 'I'm an American citizen. I want the best for all of us. I feel like there is due process that we must follow.' 'They're not only taking criminals, they are taking our community,' Degante said. As of Friday afternoon, Homeland Security has not responded to KTLA's request for comment about why Ramirez was detained or whether he was wanted for any crimes. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Auto Blog
11-06-2025
- Automotive
- Auto Blog
Delinquent Auto Loans Reach a Record High in Q1 2025
A new report reveals that more people are failing to pay their car notes this past quarter since the recession. Car ownership is not a cheap activity these days A wave of thick air currently surrounds the new and used car market, as trade tariffs and other factors make cars not only more expensive to buy, but also to keep running. According to data from S&P Global Mobility, the average age of a car in the United States is 12.6 years old, and everything about owning a car feels more expensive these days. Insurance premiums are high, a visit to the mechanic for repairs is a costly endeavor, and even gas can cost an arm and a leg if you own a real gas guzzler. However, some people end up so fed up that they bite the bullet and get themselves a new or new-to-them set of wheels. If they don't have all the cash up front, they sign up for a car loan; however, new data shows that more Americans are falling behind on their car payments, too. A Ford Mustang is seen at a used car dealership in Montebello, California, on May 5, 2025. — Source: FREDERIC J. BROWN/AFP via Getty Images Auto loan borrowers of all stripes are feeling the heat In a new report from TransUnion, one of the three largest credit agencies, along with Experian and Equifax, 1.4% of auto borrowers were at least 60 days behind on their auto loan payments during the first quarter of 2025. While this might seem like a minor issue, it is noteworthy because it is the highest delinquency rate for the first quarter ever, higher than last year's figures and even those seen during the recession, specifically the first quarter of 2009. It shows that borrowers still feel the aftereffects of pandemic-era auto lending on different types of loans. Borrowers who financed used cars were found to be the most problematic. TransUnion found that 1.9% of used car borrowers were 60 days late on their payments, slightly higher than the 1.8% figure from the previous year. Though it may seem insignificant, it proves a concerning trend within an already challenging landscape. On the other hand, borrowers who financed new cars maintained a steady delinquency rate of 0.6%. As of the first quarter, the average balance of an auto loan rose to $24,413, a 1.6% year-over-year increase from last year. This comes as cars become more expensive, higher interest rates impact borrowers, and extended loan terms (longer than 72 months) become the norm. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Ford trucks are seen at a car dealership in Montebello, California on May 5, 2025. A problem that started during the pandemic Some blame for today's auto loan delinquency rate falls on loans made in 2022, when car prices were high and credit conditions were stunted. Back then, the federal stimulus checks and unusually high credit scores made many borrowers look better on paper than they were, leading to many getting approved for loans that would've otherwise been risky for lenders. Additionally, owning a reliable vehicle has become more expensive. Satyan Merchant, an automotive and mortgage business leader at TransUnion, notes that a rise in car insurance premiums, maintenance costs, and gas prices significantly contributes to missed payments rather than uncontrolled borrowing or a poor sense of budgeting. Erik Laney, the CFO of Santander Consumer USA, also echoes this concern. During remarks at the Auto Finance Summit East on May 13, he said that the auto finance sector is experiencing a 'fairly unique' stress level. Auto loans experienced an increase in delinquencies compared to other types of debt, such as credit cards, because they were disproportionately affected by recent events, including fluctuations in used-vehicle prices. He pointed out that as a result, some buyers are making payments on car loans that outweigh the actual value of these cars. As these values decline and owners face financial pressure, these loans will begin to show their cracks. The Fed weighs in A recent report from the Federal Reserve Bank of New York adds more color. The New York Fed's analysis, which also included data from Equifax, another credit bureau, revealed an increase in total auto debt and a rise in auto delinquencies of at least 90 days during the first quarter. Over the past year, auto loan balances increased by 1.6%, bringing the total to $1.6 trillion. However, it's important to note that these balances actually decreased by 0.7% from the fourth quarter of 2024 to the first quarter of this year. This trend has only been observed once in more than a decade. The Federal Reserve also reported that 2.9% of auto loans are now classified as 'seriously delinquent,' meaning they are 90 days or more past due. This is a slight rise from 2.8% a year earlier, but the Fed described the rate as 'stable.' 'Transition rates into serious delinquency have leveled off for both credit card and auto loans over the past year,' New York Fed economist Daniel Mangrum said in a May 13 statement. A line of Mustangs at a San Diego, California car dealership — Source: Getty Final thoughts This type of news highlights just how important it is to approach car buying responsibly and plan financially, especially if you're considering a purchase in 2025 of either a new model or a pre-owned vehicle. It's truly important to take a step back and thoughtfully evaluate your financial situation and set a budget that you can actually comfortably afford. I get it: a new or new-ish car can be incredibly tempting, but in today's auto financing landscape, you must take a closer look at any plan that comes with a payment. The proof is in the pudding, and the challenges aren't always in the fine print. By being diligent, you can protect yourself from potential hurdles and make a decision that won't wreck you or your credit. About the Author James Ochoa View Profile
