Tariffs on vehicles imported from Japan are now set at 15% as a part of an agreement that AAPC chief Matt Blunt calls a “bad deal” for U.S. factories that build vehicles in Canada and Mexico. +
Wolters Kluwer’s Digital Transformation Index shows econtracting adoption increased by just over 7% from the prior quarter and is up by more than 116% over the past four years. +
Cox Automotive analysts fear manufacturers and retailers are protecting consumers from the rising costs of new cars, creating an unsustainable dynamic as profitability concerns grow. +
Alliance for Automotive Innovation’s John Bozzella says the One Big Beautiful Bill Act’s unexpectedly rapid phaseout of the federal EV tax credit will slow adoption and hurt consumers. +
Dealertrack’s Credit Availability Index ticked up again in June, reaching 97.3 after rising to 96.5 in May, driven by an approval rate that improved by 70 basis points month-over-month. +
Amid shifting supply-side dynamics, the Manheim Used Vehicle Value Index increased by 6.3% year-over-year and 1.6% month-over-month in June. +
Ford has dropped its national “From America, For America” employee discount campaign in favor of a new incentive: zero percent financing for 48 months with zero down and zero due for 90 days. +
Americans who purchased new vehicles in June describe a significantly less enjoyable dealership experience than those surveyed just one month earlier, according to CDK Global’s latest survey. +
In a special July 4 ceremony at the White House, President Donald Trump signed the One Big Beautiful Bill Act into law, cementing the administration’s taxation strategy and budget priorities. +
Sheriff’s detectives donned polo shirts borrowed from Linus Cadillac Buick GMC to catch a man accused of fraud for attempting to acquire a $75,000 SUV with a stolen ID. +
