AutoNation, Sonic likely to be hardest hit on Q2 earnings by CDK cyberattack
Both the second- and sixth-largest dealership groups in the U.S. use CDK's dealer management system at all stores......»»
CDK cyberattack and Hurricane Beryl: Texas dealerships weather a double blow
Keating Automotive Group in Texas faced the double disruptions of CDK cyberattacks and Hurricane Beryl. Said owner Bean Keating: "What other choice do you have other than to roll with the punches?".....»»
Apple sets Q3 2024 earnings release and live stream for August 1
Apple has scheduled its fiscal third quarter earnings release for Thursday, August 1. Apple’s Q3 2024 earnings will cover the months of April, May, and June, covering the launch of the new M3 MacBook Air and the new iPad Pro. more….....»»
Sonic cautions Q2 earnings will see hit from CDK cyberattacks
The June 19 cyberattacks led CDK to shut down its dealership management system and related software for more than 15,000 customers......»»
The president ordered a board to probe a massive Russian cyberattack. It never did.
The Cyber Safety Review Board missed an opportunity to prevent future attacks, experts say. Enlarge (credit: Avishek Das/SOPA Images/LightRocket via Getty Images) This story was originally published by ProPublica. Inves.....»»
Massive car dealer ransom attack is mostly over after 2 weeks of work-arounds
CDK outage likely slumped June auto sales, may have cost more than $600M. Enlarge / Vehicles for sale at an AutoNation Honda dealership in Fremont, California, US, on Monday, June 24, 2024. (credit: Getty Images) After.....»»
What to expect from Apple"s third quarter 2024 earnings on August 1
Apple will be reporting its third-quarter earnings of 2024 on August 1. Here's what happened in the quarter, and what to expect.Apple CEO Tim CookApple has confirmed it will be holding its regular quarterly financial results release on August 1. It w.....»»
This cyberattack took out 600,000 routers across the country
Midwestern ISP must replace 600K routers after trojan turns then into expensive paperweights......»»
Researchers unveil the mechanisms for local amplification of 2024 tsunamis in Iida Bay, Japan
In 2024, a 7.5 magnitude earthquake struck the Noto Peninsula in Japan on New Year's Day, causing strong shaking, landslides, fire, liquefaction, land uplift, and devastating tsunamis. Ishikawa Prefecture, the hardest hit area, saw at least 241 fatal.....»»
Hacker group says it carried out Christie’s cyberattack
A hacker group has claimed responsibility for a cyberattack that targeted auction house Christie’s earlier this month......»»
Swedish EV maker Polestar confirms delay in Q1 earnings report
Swedish EV maker Polestar confirms it is delaying its Q1 earnings report. The company first needs to file its annual report for the year ended December 2023......»»
Low-income groups bear greater health burden in food systems: Study
Across regions where food is produced, emissions from agriculture pose health risks to local populations. Among them, low-income groups are hit the hardest, a study published in Nature Food by researchers at Peking University (PKU) and collaborators.....»»
Apple Pencil Pro is about as repairable as you think it is
The tech mavens at iFixit has posted a new video featuring a teardown of both the 13-inch iPad Pro and the Apple Pencil Pro.It takes a sonic cutter to get into the guts of the Apple Pencil Pro. Image credit: iFixitThe popular site posted a video feat.....»»
Six public franchised dealership groups sweeten 2023 CEO pay with extras as Lithia"s DeBoer sees largest gain
Lithia, AutoNation, Asbury, Penske, Sonic and Group 1 pay a relatively modest base CEO salary but then sweeten compensation with other incentives. DeBoer's 2023 total jumps 73 percent......»»
Sonic Automotive aims to add 300 service technicians by year end
The groupso far this year has added about 40 technicians......»»
Linamar"s Q1 earnings an "excellent" start, but CEO warns of delays to EV programs
Canadian auto supplier Linamar recorded double-digit growth on both its top and bottom lines in the first quarter of 2024 as volumes bounced back from a slow comparable period a year earlier......»»
Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy
A quick look at the top automotive stories of the week as determined by reader interest......»»
4 big takeaways from Rivian"s Q1 earnings report
Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»
5 key takeaways from Toyota"s record earnings report
Under first-year CEO Koji Sato, Toyota reported a blockbuster fiscal year of records, from sales to profits. Here are five top takeaways from the automaker's earnings conference......»»
A Sonic game that plays like Fall Guys is coming to mobile
Sonic Rumble is the next Sonic the Hedgehog game, but it's a battle royale that will only be available on mobile......»»
Earnings at Continental, Vitesco slump in Q1, mirroring broader auto declines
Continental swung to a loss amid delays in new programs, lower production volumes in Europe, and salary and wage inflation......»»