Dealer outlook cools on acquisitions
Nearly half of dealers plan to buy one or more dealerships in the next 12 months, while only 2 percent expect to sell in that time frame, according to a survey by Kerrigan Advisors......»»
VinFast forms U.S. dealer advisory board as it seeks to grow from 25 stores
VinFast formed a U.S. dealer council for its 25 stores and the new advisory board met with VinFast leadership July 17 in Los Angeles......»»
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......»»
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......»»
Q2 earnings: CDK Global shutdown will hit all 6 public auto retailers, analysts predict
Both the second- and sixth-largest dealership groups in the U.S. use CDK's dealer management system at all stores......»»
Pa. Ford dealer, Okla. body shops, Calif. vehicle broker sue CDK
Manderbach Ford in Hamburg, Penn.; DLR Auto Group in Agoura Hills., Calif.; Smith Collision Center in Ada, Okla.; and Broadway Precision Collision, also in Ada, accused CDK of negligence and unjust enrichment in a lawsuit filed in the U.S. Northern D.....»»
CDK ransom money goes through extensive money laundering schemes before reaching hackers
CDK Global likely paid a hacker group around $25 million in ransom June 21 to address the cyberattacks that led to significant software outages across the car dealer industry, CNN reported......»»
Service departments weigh benefits, drawbacks of recouping credit card fees from customers
As dealer profits fallfrom pandemic highs, a growing number of retailers are considering a controversial tactic to help offset one of their top monthly costs: surcharges on credit card transactions in the service lane......»»
What to know about dealer, consumer, employee CDK lawsuits
As of July 11, consumers, dealerships and current and former auto retail employees have filed 10 federal lawsuits against CDK Global in connection with the company's 2024 cyberattacks and outage. Here's an overview......»»
Settlement near in Conn. Subaru dealership spot delivery lawsuit after March ruling
A settlement is near after U.S. District of Connecticut Judge Omar Williams this spring refused to dismiss a consumer's lawsuit over a Vernon, Conn., car dealer's spot delivery behavior. Pablo Castellanos-Hernandez alleged Suburban Subaru violated th.....»»
Dealer Advantage Group: Leveraging brands like Lucas Oil the future of F&I
Dealer Advantage President Shawn McCool said to incorporate a brand familiar to consumers rather than one known only within the industry......»»
DMS company Tekion sells Buick-GMC dealership near Calif. headquarters
Gilroy Buick-GMC, about 60 miles from Tekion Corp.'s Silicon Valley headquarters, was one of two stores the firm bought to test its dealer management system technology......»»
Common Microsoft Outlook problems and how to fix them
Outlook is an application many of us rely on every day, and yet, it's not immune to causing problems here and there......»»
Beryl knocks out power to some Houston area car dealerships, prompts CarMax store closures
One dealer said his dealership group was mostly prepared for Beryl, but high winds and severe weather affected some of its Houston stores July 8......»»
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.....»»
CDK says "substantially all dealer connections are live" as DMS reboot moves ahead of schedule
CDK statement: "We are ahead of the anticipated schedule, and as of this morning, substantially all dealer connections are live on the Dealer Management System.".....»»
A review of progress and outlook for photodetectors based on graphene–semiconductor hybrid structures
A recent review summarizes the progress made in graphene-semiconductor hybrid photodetectors over the past decade. It begins by introducing key photodetector performance indicators, providing the basis for an accurate performance evaluation. The revi.....»»
Kia lawsuit says dealer defrauded automaker out of more than $500,000
Kia America has accused a New England dealer, his six present and former franchised dealerships and its COO of racketeering, fraud and related wrongdoing for a scheme that allegedly bilked the automaker out of hundreds of thousands of dollars......»»
Kia lawsuit says dealer defrauded them out of more than $500,000
Kia America has accused a New England dealer, his six present and former franchised dealerships and its COO of racketeering, fraud and related wrongdoing for a scheme that allegedly bilked the automaker out of hundreds of thousands of dollars......»»
Toyota-Ford dealer builds school in native Nigeria
Toyota-Ford dealer Faith Mba has built a new school in his native Nigeria to honor his father and develop the next generation of leaders......»»
Michigan Appeals Court backs Ford dealer"s request to arbitrate lease pricing case
The Michigan Court of Appeals upheld a lower court decision declaring a customer's allegations of lease pricing deception at a Westland car dealership needed to be resolved through arbitration......»»