Nikola founder and former CEO Trevor Milton says he has been pardoned by President Donald Trump, escaping a four-year federal prison sentence and $1 million fine. +
VicOne’s latest annual report finds cyberattacks cost the global automotive industry $22.5 billion last year — including $20 billion in data leakage — up from about $1 billion in 2022. +
Autotrader editors say they were “pleasantly surprised” to add Volkswagen’s fully electric ID. Buzz minivan to their Best New Cars of 2025 list, which highlights 10 models available for less than $110,000. +
Interactive EQ’s new, AI-powered Auto IEQ talent assessment platform was designed to help recruiters, HR teams and hiring managers measure “soft skills” and evaluate personnel. +
Edmunds analysts tell Reuters that Tesla vehicles accounted for 1.4% of all vehicles traded in at U.S. dealerships from Jan. 1 to March 15, up a full percentage point from March of 2024, as the EV maker faces declining sales and stock values. +
CDK has launched a new solution designed to offer dealers operating one or two rooftops a scalable sales and fixed ops software suite that leverages the CDK Dealership Xperience platform. +
Wisconsin Department of Transportation officials are warning car buyers to be on the lookout for fraudsters posing as dealers by cloning websites and social media profiles and accepting payments via wire transfer. +
Lotlinx’s Len Short says artificial intelligence and machine learning have quickly become critical elements of a successful inventory management strategy, far outpacing human intuition. +
The FTC announced checks totaling more than $934,000 have been sent to 20,361 Vroom customers harmed by violations of rules and regulations intended to protect used car buyers.+
Registrations of new Teslas fell 11% year-over-year in January and lost 12 percentage points in U.S. market share. But the EV maker's stock value improved by 7.6%, partially offsetting a steep decline. +
