A $60 million settlement agreed to by Toyota Financial Services following charges of noncompliant F&I product sales has been canceled by the U.S. Consumer Financial Protection Bureau. +

U.S. and Chinese officials announced a 90-day pause on steep tariffs imposed upon each other’s exports, including vehicles and parts, in a sudden de-escalation that could lead to a long-term agreement. +

The United States and the United Kingdom have agreed to a new trade deal that will lower U.S. import taxes on up to 100,000 U.K.-built vehicles per year from 25% to 10%. +

More than 1,700 New Yorkers who bought out leases arranged at eight Nissan dealerships will get a share of a $3.2 million settlement the dealers reached with Attorney General Letitia James. +

A consumer has filed a lawsuit claiming General Motors was aware of a propulsion issue years before a recent recall of hundreds of thousands of vehicles equipped with the L87 V8 engine. +

Ohio Attorney General Dave Yost has filed sued against the operators of six dealerships, all accused of failing to provide titles to customers in violation of the state’s Consumer Sales Practices Act and Certificate of Motor Vehicles Act. +

Attorney Tom Oscherwitz warns the auto finance industry not to take its foot off the compliance pedal despite the Trump administration’s systematic dismantling of federal regulatory bodies. +

President Donald Trump has signed an executive order offering some tariff relief for automakers, preserving a 25% levy on imported vehicles but offering offsets for the cost of imported parts. +

Multiple dealers tell Automotive News that Porsche has halted U.S. shipments of new units rather than pay a 25% tariff on imported vehicles that went into effect April 3. +

The California New Car Dealers Association filed a lawsuit against Volkswagen and its Scout Motors division, which produces EVs the company wants to sell directly to consumers. +