CarMax has agreed to pay $420,000 in damages and a civil penalty of $79,380 after repossessing vehicles owned by at least 28 U.S. servicemembers without court orders. +
Upstream’s latest auto industry cybersecurity report finds ransom-related attacks accounted for 44% of publicly reported incidents in 2025, double the previous year’s rate. +
AutoUnify will help Experian deliver its AI-powered decisioning technology and identity verification expertise to detect and prevent fraud no matter where transactions are completed. +
President Donald Trump says imported vehicles and parts are not subject to a new 15% tariff enacted after the Supreme Court restricted his ability to regulate trade. +
The U.S. Supreme Court has decided President Donald Trump exceeded his authority by using the International Emergency Economic Powers Act to levy tariffs on imported goods. +
U.S. Attorney Braden Boucek announced prison sentences and restitution orders for former Auto Masters owner Mark Janbakhsh and three others convicted on federal fraud charges. +
One would think auto finance is enjoying some breathing room as federal regulators lower their profiles in the Trump administration. One would be wrong, says Carleton’s Tim Yalich, and a silent threat could prove fatal. +
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. +
For dealers seeking improved efficiency, CSI, data security and audit readiness, the DDJ has emerged as the new heartbeat of the deal. 700Credit’s Ken Hill makes the case for going digital in 2026. +
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. +
