The 5th Circuit Court of Appeals has vacated the Federal Trade Commission’s proposed CARS Rule on procedural grounds, finding the agency violated its own policies by finalizing a new trade regulation rule without advance notice. +

The National Automobile Dealers Association reported the seasonally adjusted annual rate (SAAR) for 2024 U.S. vehicle sales hit its highest mark since May 2021 after dealers outperformed expectations in November. +

Hyundai’s much-anticipated retail partnership with Amazon faces delays due to the CDK cyberattack and is now expected to launch in 2025. +

Volkswagen’s decision to bypass its U.S. dealer network and sell Scout Motors EVs directly to consumers drew a swift rebuke from national and state dealer associations. +

Arguing on procedural grounds, dealer association attorneys asked the 5th Circuit to overturn the Federal Trade Commission’s new vehicle shopping rule or remand it to the agency for revision. +

After experiencing record highs for more than two years, a cooling market will likely accelerate consolidation, according to a special Automotive News report. +