The owners of BM Motor Cars will pay $840,000 to settle charges of fraud allegedly committed while the luxury and exotic dealership was subject to an earlier consent decree. +
Dealerslink has launched its 2026 AI Suite, adding six new AI-powered tools dedicated to multiple facets of automotive sales and marketing, including inventory, pricing and vehicle description pages. +
President Donald Trump will levy 10% tariffs on imported vehicles and other goods from eight European nations opposed to his efforts to acquire Greenland. +
Only 25% of Americans surveyed for Cox Automotive’s 16th annual Car Buyer Journey report used AI tools along their path to purchase, but that group outpaced all others in reporting the highest levels of satisfaction. +
U.S. dealers sold more than 233,000 full-size pickups in December, propelling the average new vehicle price to a record $50,326 as incentives helped offset affordability concerns. +
Deloitte analysts say dealerships and dealer websites rank No. 1 and No. 3 among resources U.S. new car buyers say they use to research vehicle types, makes and models. +
CarMax’s new interim CEO says the used car retailer will reduce its margins to lower prices and spend more money on advertising geared toward private-party sellers. +
The latest new vehicle sales reports show U.S. dealers sold more vehicles in 2025 than in 2024 but performed better in the first three quarters of the year than in Q4 and December. +
A USA Today/Detroit Free Press report finds Ford, GM and Stellantis accelerated increases in destination and delivery charges in what experts call a calculated move. +
Cox Automotive’s Q4 Automotive Dealer Sentiment Index finds dwindling optimism among retailers as escalating costs, prices and uncertainty affect profits and consumer confidence. +
