Attorney and Mosaic Compliance Services CEO Jim Ganther delves into addendum stickers, hard adds, soft adds and bundles in Part 2 of a series dedicated to stamping out payment packing. Watch at YouTube
In a bipartisan 51-44 vote, the U.S. Senate approved a measure that revokes an EPA waiver that would have allowed a group of states, led by California, to ban the sale of light duty gas vehicles and gas/electric hybrids. Read more at Auto Dealer News
Reynolds and Reynolds has promoted Chris Walsh to acting CEO following the departure of Tommy Barras, who is suing the company for $300 million. Read more at Dealer Agent News
CNCDA has officially demanded that Honda and its Sony Honda Mobility division stop collecting deposits for the Afeela 1 EV from California residents. Read more at CNCDA.org
Nov. 10-14 Paris Las Vegas rvda.org
The REAL ID Act represents a step forward in the fight against synthetic ID fraud. So why are so many dealers still verifying IDs the old-fashioned way? Read more at DealerELITE
A $60 million settlement agreed to by Toyota Financial Services for noncompliant F&I product sales has been canceled by the Consumer Financial Protection Bureau. Read more at Road & Track
May 19–20 The Henry Dearborn, Mich. autonews.com
U.S. and Chinese officials announced a 90-day pause on steep tariffs imposed upon each other’s exports, including vehicles and parts, in a sudden de-escalation that could lead to a long-term agreement. Read more at Auto Dealer News
The United States and the United Kingdom have agreed to a new trade deal that will lower U.S. import taxes on up to 100,000 U.K.-built vehicles per year. Read more at BBC
