Experian’s 2025 U.S. Identity & Fraud Report finds AI is in use by more than one-third of surveyed service providers, but advanced technology has yet to outpace obstacles to adoption. +
Automotive News has released its latest annual list of the U.S. auto groups producing the most F&I revenue per vehicle and by rooftop, including the biggest risers and fallers from 2024. +
Each of the six manufacturers reporting monthly U.S. sales to the Automotive News Data Center says volumes were up on a year-over-year basis in July, led by a 19.9% increase for Toyota. +
New agreements set the levy on vehicles imported from South Korea at 15% and extend an Aug. 1 deadline that would have subjected Mexico-built units to a 30% tariff. +
The governors of the Federal Reserve have decided to maintain a target lending rate of 4.25% to 4.5% for a fifth consecutive meeting under mounting White House pressure. +
Edmunds reports more than one in four Americans who secured an auto loan in the second quarter were underwater on their current vehicle, with a historically high average balance of $6,754. +
Honda has launched Honda Insurance Solutions, a new, licensed agency built to offer competitively priced options to buyers of Honda and Acura vehicles. +
Trump administration officials announced the terms of an agreement that would reduce tariffs on vehicles and parts imported from European Union nations to 15%. +
Zoom Auto Protect has unveiled a new claims and concierge platform that promises instant coverage decisions, nationwide service center integration and enhanced customer satisfaction. +
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. +
