The consumer price index rose for the fourth straight month in January, pushing inflation to a 3% year-over-year increase in the same month the Fed announced a pause to interest rate cuts. +
The Dealertrack Credit Availability Index improved to 95.4 in January, a 2.9% year-over-year improvement driven in part by a 100-basis-point market share gain for subprime borrowers. +
TransUnion now offers a creditworthiness score based on the applicant’s banking activities, potentially adding options for car buyers without access to “mainstream” credit. +
Jeep owners say their infotainment screens are lighting up with unwanted, frequently appearing ads for an extended factory warranty. The Drive’s Caleb Jacobs investigates. +
The Washington DC Auto Show’s Public Policy Day connects guest speakers like Sen. Bernie Moreno and NADA Chairman Tom Castriota with dealers, OEM reps and media members. Attorney Jim Ganther shares a recap.
The Oklahoma Insurance Department accused Select Auto Protect of selling vehicle service contracts without a license following an investigation spurred by consumer complaints. +
A memo sent to Nissan dealers and reviewed by Automotive News’s Urvaksh Karkaria suggests the automaker has launched an aggressive new tiered sales bonus program. +
Volvo moved 50,820 new units worldwide in January, a 5% year-over-year decline offset by a 17% improvement in sales of EVs and plug-in hybrids. +
Automotive News reports a group of Florida dealers has formally challenged Scout Motors’ plans to sell EVs directly to consumers, citing state law establishing the EV maker as a “common entity” with Volkswagen. +
ACE will offer Automotive Compliance Specialist certification to Agent Summit attendees at the upcoming 2025 event, continuing a tradition that began in 2017. +
