Kelley Blue Book analysts say incentives fell and average prices set records in January, but affordable options abound in the high-volume compact SUV segment. +
The owners of BM Motor Cars will pay $840,000 to settle charges of fraud allegedly committed while the luxury and exotic dealership was subject to an earlier consent decree. +
Dealertrack’s Credit Availability Index remained at 100 last month, reflecting offsetting indicators that include a lower approval rate and a growing share of subprime loans. +
Nearly 80% of dealers surveyed by eLEND Solutions say fraudulent activity is on the rise at their stores, with 10% reporting they lost at least 10 vehicles in 2025. +
Smart AutoCare has hired former OptionSoft Technologies, Warrantech and Interstate National Dealer Services executive Christopher Murphy as the F&I product and services provider’s new president. +
Dealers surveyed for Experian’s Dealer Fraud Threat Report closed an average of four deals that were later revealed to be fraudulent in 2025, with many bearing 100% of the cost. +
Mosaic Compliance Services and AAMS Training have agreed to merge, combining Mosaic’s multifaceted training and technology suite with AAMS’s expertise in the environmental health and safety space. +
eLEND Solutions and LetzChat have partnered to help dealers identify and engage with the 10% to 20% of car buyers who primarily speak a language other than English. +
A new partnership combines Mosaic Compliance Services’ digital compliance suite with Gather’s verification tools, including identity verification and insurance validation. +
The Federal Reserve elected to hold its target lending rate at 3.5% to 3.75% in a 10-2 vote, marking the end of a series of three quarter-point cuts that started in September 2024. +
