Coughlin Automotive has acquired Bob Chapman Ford of Marysville, Ohio, from fourth-generation owner Joe Chapman, adding the state’s first Ford dealership to its growing network. +

Ford has dropped its national “From America, For America” employee discount campaign in favor of a new incentive: zero percent financing for 48 months with zero down and zero due for 90 days. +

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. +

U.S. sales of new light duty vehicles slowed “considerably” in June after several months in which Americans rushed to lock in pre-tariff prices, according to the latest reports from Automotive News. +

Prices for new Toyotas sold in the U.S. will increase by an average of $270 in July — but not because of the Trump administration’s new 25% tariff on imported vehicles, a spokesperson tells Reuters. +

Ford is working with dealers to contact the owners of 2,345 pickups that should not be driven until an inspector or technician can check their brake pedal assemblies for missing springs. +

A memo sent to Mitsubishi dealers and reviewed by Reuters indicates the Tokyo-based factory will raise prices of new units sold in the United States by an average of 2.1% in response to new tariffs. +

Automotive News reports new vehicle sales improved for Ford, Hyundai and Kia and fell by double digits for Mazda in May, dropping the SAAR below 16 million as factories scaled back incentives. +

Volkswagen will extend its price freeze on new U.S.-sold units through the end of June. Sources say VW and fellow German automakers BMW and Mercedes-Benz may be close to a tariff exemption. +

Ford Motor Co. will recall more than 1 million vehicles sold in the U.S. and Canada due to a software error that could cause the rearview camera’s in-dash display to malfunction. +