Protective Asset Protection’s Tim Blochowiak urges dealers to create a long-term earnings strategy that includes capital and investments, a diverse F&I portfolio, risk management and more. +
Attorney Tom Oscherwitz warns the auto finance industry not to take its foot off the compliance pedal despite the Trump administration’s systematic dismantling of federal regulatory bodies. +
President Donald Trump has signed an executive order offering some tariff relief for automakers, preserving a 25% levy on imported vehicles but offering offsets for the cost of imported parts. +
An unspecified number of SUVs produced by General Motors between 2021 and 2024 and equipped with a 6.2-liter V8 will be recalled over an issue that could cause loss of propulsion. +
Multiple dealers tell Automotive News that Porsche has halted U.S. shipments of new units rather than pay a 25% tariff on imported vehicles that went into effect April 3. +
DAS Technology’s Tariff Toolkit is a free marketing and communications guide for dealers seeking a competitive advantage as new tariffs on imported vehicles create a sense of confusion and urgency. +
Presidio-NCM reports U.S. franchised dealers enjoyed a 3.7% year-over-year increase in net pretax profit in the first quarter following three straight years of post-pandemic losses. +
Tesla CEO Elon Musk told investors he will reduce his role as a senior White House advisor to one or two days per week after reporting a 71% decline in net income, led by a 20% drop in automotive revenue. +
The California New Car Dealers Association filed a lawsuit against Volkswagen and its Scout Motors division, which produces EVs the company wants to sell directly to consumers. +
Wolters Kluwer reports the rate at which dealers and auto finance sources are adopting digitized contracting and documentation workflows improved by 1% from the prior quarter and 2.2% year-over-year. +
