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Jun. 20, 2025

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Breaking News

PCMI Adds Automated Sync to PCRS Platform

Sunroad Automotive Claims California’s First VinFast Franchise

Mitsubishi Prices to Increase by 2.1%

Mosaic Adds Continuous Monitoring With AuditF&I

Direct Sales Plans Unravel as Factories Face Reality

F&I /

Mitsubishi Prices to Increase by 2.1%

Compliance / Tech /

Mosaic Adds Continuous Monitoring With AuditF&I

F&I /

Direct Sales Plans Unravel as Factories Face Reality

F&I /
Fed Holds Interest Rates But Projects Cuts in 2025
The Federal Reserve maintained its 4.25% to 4.5% target rate for a fourth consecutive meeting, but the board remains committed to making two quarter-point cuts or one half-point cut by year’s end. +
M&A /
Asbury Leaves California With Sale of LHM Toyota Store
Houston’s Vaughan Automotive has acquired the former Larry H. Miller Toyota of Lemon Grove, expanding into the Golden State as Asbury Automotive parts with its last California store. +
F&I /
Mitsubishi Prices to Increase by 2.1%
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. +

Videos
Trump vs. Disparate Impact: What’s Next?

Compliance / Tech /
Mosaic Adds Continuous Monitoring With AuditF&I
Mosaic Compliance Services announced the launch of AuditF&I, a new continuous compliance monitoring solution designed to help dealers confirm and document compliance with state and federal requirements. +
F&I /
Direct Sales Plans Unravel as Factories Face Reality
Automotive News reports automakers eager to adopt a direct sales model in European markets have abandoned those plans as obstacles — including dealer opposition — have proven insurmountable. +
Sales / Tech /
Tesla Down 16% as EV Registrations Snap 14-Month Winning Streak
The latest reports from S&P Global Mobility and Automotive News show registrations of new fully electric vehicles fell 4.4% in April, snapping a 14-month streak of year-over-year gains. +

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