Reuters reports U.S. sales of new hybrid vehicles have increased along with fuel prices since the start of the U.S.- and Israel-led war with Iran in late February. +
Feldman Automotive Group has acquired Northern Ohio’s Firelands Auto Group, adding its first Honda and Toyota franchises and growing its footprint to 25 dealerships in four states. +
TransUnion’s latest report finds the superprime and subprime credit tiers are growing, thinning the “middle” tiers while pressure rises for nonprime borrowers. +
Automotive News reports sales of new Hondas improved on a year-over-year basis in April, offering a bright spot in a report dimmed by growing affordability concerns. +
Agentic AI advertising solutions provider Synter has announced a series of platform enhancements designed to close the “execution gap” in automotive advertising. +
Lotlinx’s Q1 2026 Vincensus Report finds new vehicle sales are down and inventories are up — along with prices, which climbed by 2% year-over-year and 3% from the prior quarter. +
The Federal Reserve board of governors voted 8-4 in favor of holding its target lending rate at 3.5% to 3.75%, where it has stood since December, in what was likely its last meeting led by chairman Jerome Powell. +
Cars.com’s new VIN-level, AI-generated video ads are the first to be powered by demand signals from in-market car buyers and appear to be driving results for early adopters. +
Autoblog’s Leroy Marion reports on the “full replica” of a Georgia Lexus dealer’s online presence that convinced a would-be customer to pay $77,300 for a nonexistent vehicle. +
Ford’s Dealer Technology division has added myKaarma as a preferred partner, giving service departments a factory-endorsed suite of AI-based video inspection tools. +
