Dykema’s Automotive Industry Group, a four-time recipient of Law360’s Practice Group of the Year for Transportation, is pleased to announce the release of its 3rd Annual Automotive Trends Report. This comprehensive analysis offers critical legal insights into the dynamic challenges and opportunities shaping the automotive industry in 2025.

Based on a survey of Original Equipment Manufacturers (OEMs), suppliers, and industry decision-makers, this year’s report delves into:Continue Reading Dykema Releases 2025 Automotive Trends Report: Navigating Industry Transformation Amidst Regulatory Shifts, Tech Advances, and Supply Chain Strain

With the growth of the automotive loan market, which just this month has been the subject of examination by national publications such as the Wall Street Journal, has come a corresponding rise in auto loan delinquencies.  For automotive finance companies, auto repossessions represent a risk for affirmative claims by consumers both on an individual and, more significantly, on a class basis.  Recently, there has been an uptick in class actions against automotive finance companies alleging technical violations of state and federal law governing repossessions. 

In theory, auto repossessions should be a fairly simple process.  In all states, repossessions of autos that were purchased by way of a Retail Sales Installment Contract are subject to Article 9 of the UCC governing secured transactions, and in every state except for Louisiana, leases are subject to Article 2A of the UCC governing leases of personal property. But some states have enacted additional requirements, which can be found in the states’ various retail installment sales acts, automotive financing acts, or other consumer protection statutes. As explained below, uniform disclosure requirements combined with varying state laws creates the potential for class litigation. 
Continue Reading Trend Analysis: Rise in Automotive Repossession Class Actions