AutoNation, Sonic likely to be hardest hit on Q2 earnings by CDK cyberattacks
Both the second- and sixth-largest dealership groups in the U.S. use CDK's dealer management system at all stores......»»
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….....»»
Live talk at 11 a.m. EDT July 10: What we learned from the CDK cyberattacks
Judy Farcus Serra, COO of Headquarter Automotive, and Justin Shanken, CEO of Black Breach, will talk about the CDK Global cyberattacks with Automotive News Executive Editor Jamie Butters and Staff Reporter Mark Hollmer......»»
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......»»
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.....»»
To guard against cyberattacks in space, researchers ask “what if?”
A hack on satellites could cripple much of our digital infrastructure. Enlarge / Complex space systems like the International Space Station could be vulnerable to hackers. (credit: NASA) If space systems such as GPS were.....»»
More customers, including dealership employee, sue CDK
Ten customers from various states who bought vehicles from CDK Global car dealerships joined together to sue the software provider June 27 following its June 19 cyberattacks......»»
Dealers will catch a break if CDK cyberattacks trigger reporting
The FTC will allow CDK to report for dealerships if it finds that the June 19 cyberratacks led to the theft of personal information for at least 500 customers......»»
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.....»»
Illumio and Netskope join forces to strengthen enterprise resilience against cyberattacks
Illumio and Netskope announced a Zero Trust partnership that brings together the power of Zero Trust Segmentation (ZTS) and Zero Trust Network Access (ZTNA) to protect against breaches and build cyber resilience. The new partnership combines Illumio.....»»
Worried about job security, cyber teams hide security incidents
The frequency and severity of cyberattacks are increasing—yet most businesses remain unprepared, according to VikingCloud. Between a growing talent shortage, alert fatigue, and new sophisticated attack methods, companies are more susceptible than e.....»»
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......»»