Karl Malone Auto Group and Jerry Seiner Dealerships among dealership buyers in Q4, Q1 transactions
Six dealerships sell in fourth-quarter and first-quarter transactions across Idaho, Utah, Nevada, Connecticut and Georgia......»»
Lease customer, former dealership employee sue CDK over breach
A Marin County, Calif., car dealer's lease customer and a former auto dealership employee from Florida have filed lawsuits against CDK Global in connection with the cyberattacks experienced by the dealership management system provider in June......»»
VW Group, Rivian forming joint venture for EV software; VW commits $5 billion
VW Group will invest $1 billion in Rivian initially and another $4 billion by 2026 under deal designed to help VW accelerate roll out of software-defined vehicles......»»
Ally dealer pass-through, SmartAuction programs boomed in 2023
Ally's pass-through and SmartAuction businesses together generated $161 million in revenue for the major national auto lender last year, and the company expects they'll improve this performance to an approximately $190 million combined in 2024, accor.....»»
Major dealership groups redefine business as usual as CDK"s DMS outage reaches 7th day; concern rises for U.S. sales
The CDK disruption adds to general hesitancy to buy big-ticket items like vehicles because consumers now may believe it would be inconvenient to try, a Cox Automotive economist said......»»
Major dealership groups redefine business as usual as CDK"s DMS outage reaches 7th day
Auto retailers grapple with slowdowns but pursue business as usual with workarounds in place. CDK Global has contracts with five of the six top public dealership groups:.....»»
CDK Global cyberattack has AutoCanada using "manual and alternative processes"
Canada’s only publicly traded dealership group is among the thousands of other auto retailers across North America grappling with the shutdown of its dealership management system (DMS) following the CDK Global cyberattacks on June 19. .....»»
Major dealer groups redefine business as usual as CDK"s DMS outage reaches 7th day
Auto retailers grapple with slowdowns but pursue business as usual with workarounds in place. CDK Global has contracts with five of the six top public dealership groups:.....»»
Largest public dealer groups grapple with CDK ransomware attack as outage lingers
Asbury, Lithia, AutoNation and Group 1 said they are facing disruptions but took immediate steps to minimize the impact once they were notified. Asbury said its operations have been affected by the cyber incident and will continue to be until it is r.....»»
BlackSuit cybercrime gang blamed in CDK Global hack causing dealers" DMS outage
BlackSuit appears to be a group of Russian and Eastern European hackers with a history of working with a group known as Royal Ransomware......»»
Ineos Automotive plans bigger dealer footprint in U.S.
Ineos has 18 U.S. dealerships and a pair of stores in Canada. The upstart automaker is looking to add to its dealership count in 2024......»»
Lithia, AutoNation, Group 1 report impacts of CDK cyberattacks as crisis lingers into 6th day
Lithia, AutoNation and Group 1 said they are facing disruptions but took immediate steps to minimize the impact once they were notified. They said their dealerships are conducting business as usual......»»
Auto industry future lies in software, electrification and recycling, EY research finds
EY identified three key value pools to maximize future revenue for a "transitioning" automotive industry......»»
How to make a group chat in Character.AI
Learn how to use the group chat functions in the Character.AI chatbot......»»
At dealerships, ‘wishful thinking" for CDK cyberattack resolution on crucial sales Saturday
Dealerships, which typically have busy sales days on Saturdays, enter the fourth day of the cyberattack shutdown with uncertainty......»»
CDK opens online resource center for dealers; rivals also step in to help impacted dealerships
As CDK Global continues to bring its DMS back online, its rivals have begun helping impacted dealerships continue operating......»»
CDK Global hackers demand tens of millions in ransom to end dealership outage, report says
CDK is planning to make the payment, a source with knowledge of the situation told Bloomberg. The hacking group behind the attack is believed to be based in eastern Europe, the source said......»»
CDK shutdown forces dealer Damon Lester to flex payroll system, divert leads off website
Since Damon Lester's Nissan dealership uses CDK software to track employee hours worked, calculating the biweekly payroll set to be paid the week of June 24 will require a pivot, he said......»»
Findlay Automotive Group facing lawsuit over cyberattack
The lawsuit alleges that the dealership group failed to protect the private information of its customers......»»
A timeline of the cyberattacks on CDK Global
The majority of CDK Global's software systems continue to be unavailable for dealerships after two cyberattacks June 19. Here's a recap of the crisis......»»
What happened to CDK Global and how long will systems be down?
The dealership management system outage is interrupting thousands of new- and used-vehicle sales, service, parts orders and more as the end of the second quarter approaches......»»