Dealerships acquired in Calif., Ga.
Three dealership groups acquired stores in California in separate deals, while another group added a second Stellantis store in Georgia......»»
Another prison term in multimillion dollar ‘Ponzi-like" car export scheme
A top conspirator in a fraud and money-laundering scheme was sentenced to 15 months in prison and ordered to pay $3.5 million in restitution for his role in defrauding franchised dealerships and vehicle brokers......»»
Elon Musk’s X may succeed in blocking Calif. content moderation law on appeal
Elon Musk's X previously failed to block the law on First Amendment grounds. Enlarge (credit: Marc Piasecki / Contributor | Getty Images Entertainment) Elon Musk's fight defending X's content moderation decisions isn't j.....»»
Apple announces Bay Area Housing Innovation Fund to create more affordable homes
Apple has announced the launch of a new Bay Area Housing Innovation Fund, intended to help the creation of more affordable homes in and around San Francisco. It’s the latest phase of the company’s multi-year initiative to help tackle the Calif.....»»
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.....»»
Dealerships lost $1.02B in business after CDK cyberattack, updated AEG study says
Anderson Economic Group estimated auto dealerships lost 56,200 new-vehicle sales and more than $1 billion between June 19 and July 15 because of the CDK Global cyberattacks and subsequent software outages. .....»»
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......»»
Car thieves target Michigan dealerships; police say it"s an organized theft ring
Dealers are being advised by Michigan State Police to keep their keys in a safe and increase security measures to mitigate the impact......»»
Dealership insurance claims follow CDK cyberattack recovery
Some dealerships have already notified their insurance carrier about the June 19 CDK Global cyberattacks. Others are in wait-and-see mode......»»
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......»»
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?".....»»
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......»»
“Everything’s frozen”: Ransomware locks credit union users out of bank accounts
Patelco Credit Union in Calif. shut down numerous banking services after attack. Enlarge / ATM at a Patelco Credit Union branch in Dublin, California, on July 23, 2018. (credit: Getty Images | Smith Collection/Gado ) A.....»»
NFL coach Antonio Pierce owes $28M after dealerships" collapse
The wife of Las Vegas Raiders coach Antonio Pierce filed for bankruptcy after Nissan and Hyundai tried to garnish his wages over loan defaults at dealerships he co-owned......»»
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......»»
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......»»
Nissan"s Jeremie Papin to retailers: Throughput is on the way
Nissan Americas Chairperson Jeremie Papin says redesigned sheet metal, product-focused advertising and a supply better aligned with demand will drive foot traffic and profits to dealerships......»»
Jeep to build Wagoneer S EV in Mexico
Jeep's first full EV in the U.S. and Canada will be built at the Toluca Assembly Plant alongside the Compass. It's expected to reach dealerships in the U.S. and Canada this fall......»»
Affinity apps updated for the first time since acquisition by Canva
The popular Affinity suite of image editing and design apps has just received another major update with new features such as a QR Code Tool. This is the first update to Affinity apps since Serif was acquired by Canva in a multi-million dollar deal......»»