Dealer technology provider Tekion has filed a federal lawsuit against CDK Global as part of an escalating dispute over data and vendor transition. Read more at Reuters
A Detroit-area Hyundai showroom has reopened after state regulators accused the dealership of fraudulently leasing pre-owned vehicles to some customers. Read more at Fox 2 Detroit
Join ACE at the 14th edition of the industry’s only event designed by and for agents, hosted by Bobit and set for March 2-5 at Caesars Palace Las Vegas. Register now
If confirmed, the former congressman and Fox host would likely be tasked with reversing the Biden administration’s EV-friendly emissions rules. Read more at Reuters
British financial institutions may flee the auto lending sector after a bombshell appeals court ruling put them on the hook for massive consumer payouts. Read more at PaymentsJournal
The former owner of Mitch Simpson Motors was sentenced to 41 months in federal prison after stealing a total of $3 million from three floorplan lenders. Read more at DOJ
Senator-elect Bernie Moreno, a former dealer and factory executive, wants to scrap policies that produce “cars people don’t want.” Read more at Yahoo News
March 2-5 Caesars Palace Las Vegas agentsummit.com
Toyota North America COO Jack Hollis said EV mandates appear “impossible” to achieve and could hurt consumers in California and 12 other states. Read more at Bloomberg
