vAuto data shows U.S. sales of pre-owned units were down 1.5% month-over-month in June, led by a double-digit decrease in CPO sales blamed in part on a “seasonal slowdown.” +
Alliance for Automotive Innovation’s John Bozzella says the One Big Beautiful Bill Act’s unexpectedly rapid phaseout of the federal EV tax credit will slow adoption and hurt consumers. +
Automotive News’s John Huetter details the myriad benefits President Donald Trump’s One Big Beautiful Bill brings to dealership owners, starting with “bonus” depreciation for floorplanned units. +
Ancira Automotive Group has acquired Patriot Buick GMC, a dealership known for serving the Killeen, Texas, community and families stationed at nearby Fort Hood for 34 years. +
Authorities have arrested and plan to charge a Texas man with stealing a Mustang at gunpoint while on a test drive, reportedly after leaving his driver’s license behind. +
Sonic Automotive has become the nation’s largest-volume Jaguar Land Rover retailer with the acquisition of four California dealerships from US Auto Trust. +
Lexus and Nissan models lead J.D. Power’s latest Initial Quality Study as buyers of all brands express growing frustration with touchscreen-powered infotainment systems. +
Access to CDK’s Fixed Operations Suite is no longer restricted to CDK DMS users, expanding access to the feature-rich digital service lane solution. +
VinFast has awarded its first California franchise to Sunroad Automotive Group, which plans to kick off operations at VinFast San Diego this month. +
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. +
