Carfax reports more than 2.45 million U.S.-registered vehicles have rolled-back odometers, an increase of 14% from 2024, led by California’s 532,200 units. +
State officials have stepped into the void left by a slowdown in federal rulemaking. Attorney highlights some of the 119 recent changes affecting the auto finance industry. +
Tesla has been ordered to revise marketing language implying its vehicles can operate autonomously or face a 30-day suspension of its California dealer license. +
The Colorado Motor Vehicle Board voted 6-2 to grant a dealer license to Volkswagen subsidiary Scout Motors, allowing Scout to sell directly to EV buyers in that state. +
U.S. Attorney Jay Clayton announced bank and wire fraud charges against Tricolor’s former CEO and COO and guilty pleas for two executives who are cooperating with prosecutors. +
President Donald Trump has signed “Ensuring a National Policy Framework for Artificial Intelligence,” a new executive order that forbids individual states from regulating AI. +
Miami Police have accused Yuddy Mejias of issuing more than $1 million in checks to her husband and son and manipulating Brickell Motors’ accounting system to hide the theft. +
700Credit executives say an October cyberattack exposed the personal data of dealership customers and they have been working with NADA to craft a dealer action plan. +
DataBreach.io reports records stolen from 700Credit in an October cyberattack are being offered for sale on the dark web with an asking price of $8.4 million. +
More than 1 million U.S.-sold and Panoramic View Monitor-equipped Toyota, Lexus and Subaru units are subject to a new recall due to an issue with rearview camera images. +
