Sony Honda Mobility has canceled two EVs that were set to be built in the U.S. and sold directly to consumers — a plan opposed by Honda dealers and trade groups — citing declining EV demand. +
A judge has ordered Abigail Kampmann to pay $20 million to Mark Smith, her soon-to-be former partner in the five-dealership, San Antonio-based Principle Auto group. +
Trinity Antonetty faces up to 30 years in federal prison on a single fraud count after prosecutors say she claimed to be a highline dealer in an attempt to explain a flagged check. +
Launcher’s appTRAKER auto and consumer loan origination system has integrated with Carleton Inc.’s CarletonDocs compliant document generation platform. +
A Pennsylvania judge has ordered Hyundai to pay Knight Motors $9,784,075 in storage fees after refusing to repair 163 Sonatas subject to an engine recall. +
A “concerned” FTC director is warning U.S. dealerships and dealer groups that their advertised prices may fail to account for fees, down payments, discounts and financing. +
An InformedIQ study based on a survey of more than 2,500 auto finance professionals finds the majority live in fear of “data hallucinations” as the burden of fraud grows. +
The owners of Eastern Iowa’s Sky Auto Mall are accused of double flooring in a lawsuit that seeks $12.3 million in compensatory damages and the seizure of financed units. +
CarMax has agreed to pay $420,000 in damages and a civil penalty of $79,380 after repossessing vehicles owned by at least 28 U.S. servicemembers without court orders. +
Upstream’s latest auto industry cybersecurity report finds ransom-related attacks accounted for 44% of publicly reported incidents in 2025, double the previous year’s rate. +
