Trump administration officials announced the terms of an agreement that would reduce tariffs on vehicles and parts imported from European Union nations to 15%. +
Tariffs on vehicles imported from Japan are now set at 15% as a part of an agreement that AAPC chief Matt Blunt calls a “bad deal” for U.S. factories that build vehicles in Canada and Mexico. +
Lotlinx’s latest report finds U.S. dealers sold fewer EVs with more supplies in the second quarter as a market “fueled by affordability” steered price-conscious car buyers into gas and hybrid units. +
Len Short of Lotlinx lists five ways dealers are using predictive modeling, a core aspect of AI, to improve efficiency and make more accurate forecasts and data-driven decisions. +
The third-generation owners of Bosak Auto Group have divested their auto retail holdings through separate deals with Victory Automotive and the Garff Family of Dealerships. +
vAuto data shows U.S. sales of pre-owned units were down 1.5% month-over-month in June, led by a double-digit decrease in CPO sales blamed in part on a “seasonal slowdown.” +
Alliance for Automotive Innovation’s John Bozzella says the One Big Beautiful Bill Act’s unexpectedly rapid phaseout of the federal EV tax credit will slow adoption and hurt consumers. +
Automotive News’s John Huetter details the myriad benefits President Donald Trump’s One Big Beautiful Bill brings to dealership owners, starting with “bonus” depreciation for floorplanned units. +
Ancira Automotive Group has acquired Patriot Buick GMC, a dealership known for serving the Killeen, Texas, community and families stationed at nearby Fort Hood for 34 years. +
Authorities have arrested and plan to charge a Texas man with stealing a Mustang at gunpoint while on a test drive, reportedly after leaving his driver’s license behind. +
