The Conference Board’s U.S. Consumer Confidence Index has fallen 7.2 points year-over-year to 92.9, weighed down by a 12-year low of 65.2 for the board’s Expectations Index. +
Experian has launched Cashflow Score, a new solution designed to help finance sources gauge creditworthiness by accessing and analyzing consumer-permissioned transaction data. +
Autotrader editors say they were “pleasantly surprised” to add Volkswagen’s fully electric ID. Buzz minivan to their Best New Cars of 2025 list, which highlights 10 models available for less than $110,000. +
Interactive EQ’s new, AI-powered Auto IEQ talent assessment platform was designed to help recruiters, HR teams and hiring managers measure “soft skills” and evaluate personnel. +
Point Predictive’s latest Auto Lending Fraud Trends Report finds auto finance sources face an estimated $9.2 billion in loss exposure, fueled primarily by “first-party” credit application fraud. +
Attorney Tom Oscherwitz says generative AI-powered “deepfakes” are giving criminals new ways to defraud dealers and finance sources and spurring the development of new detection tools.+
Auto Dealership Partners has won an $18 million judgment against Ford Motor Co. after accusing the factory of engaging in “deceit and fraud” by blocking the purchase of a Benton, Ark., franchise. +
Edmunds analysts tell Reuters that Tesla vehicles accounted for 1.4% of all vehicles traded in at U.S. dealerships from Jan. 1 to March 15, up a full percentage point from March of 2024, as the EV maker faces declining sales and stock values. +
Dealertrack’s Credit Availability Index improved 3% year-over-year in February, but negative indicators such as subprime share, term, down payments and negative equity added risk to loan portfolios. +
CDK has launched a new solution designed to offer dealers operating one or two rooftops a scalable sales and fixed ops software suite that leverages the CDK Dealership Xperience platform. +
