Returning EV leases are expected to jump in 2026 by 230%, J.D. Power forecasts. Pixabay/Joenomias Federal tax credits for electric-vehicle leases that qualified many models not eligible for the breaks if purchased have spawned a large volume of EVs set to pump up the used-vehicle market.J.D. Power research indicates leases of new EVs skyrocketed 355% last…

Warning systems include motion-sensing detectors and those that signal after a vehicle is turned off and the rear seat is still occupied. Pexels/Gustavo Fring Rear seat reminder systems are much more common after automakers pledged five years ago to install them in all new vehicles by 2025, according to an industry trade group. The audible…

GM is scheduled to mail recall notices to the 107 affected owners on Dec. 16. General Motors again issued an urgent recall of some Chevrolet Bolt electric cars and SUVs that it previously repaired for battery fire risk. GM replaced defective battery modules in the vehicles in an August 2021 recall. It now says installed…

This case study examines the response of a local dealership’s finance and insurance (F&I) department to a significant shift in automotive finance regulations. It details the challenges faced, strategies employed and the critical role of the F&I product provider in adapting to these changes, particularly affecting vehicle service contract offerings. This case illustrates the importance…

Research shows nearly a quarter of dealer leads miss 24-hour follow-up. Pixabay/Jo_Johnston How would you rate the level of accountability to every opportunity your dealership’s sales and F&I departments encounter each month? At the end of the month are you sure that you have taken advantage of every possible opportunity, with none slipping through the…

Toyota President and CEO Koji Sato and NTT President and CEO Akira Shimada announcing the initiative Toyota said it will collaborate with a Japanese telecommunications company to develop an artificial intelligence-powered mobility platform with the aim of creating a “society with zero traffic accidents.” The automaker and Nippon Telegraph and Telephone Corp., or NTT, announced the…

AAA shared driving tips for early darkness, including focusing on objects’ outlines in dim light rather than direct looks. Pexels/Kampus Production The majority of American drivers wear prescription eyewear on the road, according to research by AAA, which used the Nov. 3 end of daylight saving time to encouraged drivers to have their eyes checked.…

OFAC regulations are murky, so from a conservative perspective, if anyone is involved in the deal, even if they are not on the contract, you must run an OFAC check. Pexels/Tima Miroshnichenko I am no history buff, so I cringed when my 11-year-old came home from school last week and said he had to study…

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