The owners of Stephen Cadillac GMC and Stephen Toyota must pay Toyota Motor Credit $5 million or face the seizure of their land and dealerships. +
President Donald Trump has signed an executive order establishing federal regulatory oversight of advanced AI, establishing a 30-day government review period for “frontier” models. +
President Donald Trump called off an executive order establishing constraints on AI hours before a signing ceremony, fearing it would affect America’s competitive advantage. +
Point Predictive has integrated with Stellantis MarketCenter, offering franchised dealers access to BorrowerCheck and Driver’s License Scan. +
S&P Global Mobility will offer its FeeSync platform to all U.S. dealers for no charge, providing a single, secure interface for fee structure changes. +
U.S. Ford and Lincoln dealers now have access to SelectFI’s predictive lending technology via The Shop by FordDirect, a marketplace for dealer-facing, factory-vetted tools and services. +
NCC has launched Credit Abuse Risk, an Equifax-powered feature designed to assess intent to pay and identify default risk when the customer’s credit is pulled. +
TrueCar will implement a new vehicle pricing standard as part of an effort to help dealers remain in compliance with federal regulations against deceptive tactics. +
State Attorney General Rob Bonta says General Motors will pay $12.8 million to settle charges the factory sold OnStar-generated driver data to insurance companies. +
A new report from Halcyon finds ransomware attacks now account for 44% of all reported cyber incidents after more than doubling in frequency last year. +
