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. +
For dealers seeking improved efficiency, CSI, data security and audit readiness, the DDJ has emerged as the new heartbeat of the deal. 700Credit’s Ken Hill makes the case for going digital in 2026. +
New Country Motor Car Group executives say they are in luxury dealership acquisition mode despite the sale of three New York Metro franchises to Keeler Motor Car. +
Dealers surveyed for Experian’s Dealer Fraud Threat Report closed an average of four deals that were later revealed to be fraudulent in 2025, with many bearing 100% of the cost. +
Winter storms couldn’t stop U.S. Hyundai and Kia dealers from setting new January records in a month marked by appreciable gains driven by premium-division sales. +
Covideo has launched VIN Reels and AI Video Agent, two tools designed to allow dealership sales teams to easily create high-quality, AI-generated videos and share them with customers. +
Dealertrack has integrated BorrowerCheck by Point Predictive, an advanced, AI-based identity verification solution designed to counter deepfake and synthetic ID fraud. +
A new partnership combines Mosaic Compliance Services’ digital compliance suite with Gather’s verification tools, including identity verification and insurance validation. +
The Federal Reserve elected to hold its target lending rate at 3.5% to 3.75% in a 10-2 vote, marking the end of a series of three quarter-point cuts that started in September 2024. +
Protective Asset Protection’s annual State of the F&I Industry report raises concerns that affordability issues are making customers question the value of F&I products and hurting sales. +
