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Why dealership volumes at auctions are ‘No. 1 concern"

The role of AI and the potential impact of the presidential election also were among topics discussed by National Auto Auction Association leadership at Manheim Detroit......»»

Category: topSource:  autonewsAug 15th, 2024

Global cyber event affects dealership groups, suppliers

A technology stoppage, which crashed Microsoft Windows computer systems worldwide, stemmed from trouble with a software update from cybersecurity provider CrowdStrike Holdings Inc......»»

Category: topSource:  autonewsRelated NewsJul 19th, 2024

Top 5 stories of the week: Penske buys largest Ford dealership; the economics of EV ownership

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsJul 19th, 2024

Pennsylvania dealership employees sue CDK, say cyberattacks risked their data

Five more dealership employees have sued CDK Global in the U.S. Northern District of Illinois, alleging the cyberattacks suffered by the dealership management system in June threatened their personal information. Michael Paul Carvelli, Michael Robert.....»»

Category: topSource:  autonewsRelated NewsJul 19th, 2024

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......»»

Category: topSource:  autonewsRelated NewsJul 18th, 2024

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......»»

Category: topSource:  autonewsRelated NewsJul 18th, 2024

Stegosaurus fossil fetches nearly $45M, setting record for dinosaur auctions

The nearly complete fossilized remains of a stegosaurus fetched $44.6 million at auction Wednesday, Sotheby's said. The buyer's name was not disclosed......»»

Category: topSource:  physorgRelated NewsJul 18th, 2024

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......»»

Category: topSource:  autonewsRelated NewsJul 17th, 2024

New $200 million Tekion funding to fuel expansion

The dealership management system upstart will use the financing from Dragoneer Investment Group to expand product offerings, speed up implementation times and more......»»

Category: topSource:  autonewsRelated NewsJul 17th, 2024

Penske Automotive buys Bill Brown Ford, the world"s largest Ford dealership

Penske said it estimates the suburban Detroit dealership, founded in 1941 by the Brown family, will add $550 million in annual revenue. The dealership's name will stay the same. .....»»

Category: topSource:  autonewsRelated NewsJul 16th, 2024

Appeals court rules parts adviser jointly employed by Herb Chambers dealership and management company

A Boston dealership and the company that has a management agreement with the store are joint employers of a parts adviser who sued them both over alleged wage violations, the Appeals Court of Massachusetts ruled......»»

Category: topSource:  autonewsRelated NewsJul 15th, 2024

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......»»

Category: topSource:  autonewsRelated NewsJul 12th, 2024

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.....»»

Category: topSource:  autonewsRelated NewsJul 12th, 2024

Study: Targeted home systems to remove PFAS more cost-effective than system-wide solutions

PFAS, the potentially cancer-causing chemicals known as "forever chemicals," have become an increasing concern in home drinking water. Solutions to reduce the risk of exposure range from mandated municipal-level water treatment to under-the-sink home.....»»

Category: topSource:  physorgRelated NewsJul 12th, 2024

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......»»

Category: topSource:  autonewsRelated NewsJul 11th, 2024

Dealership"s elephant event draws complaints, death threats

Concerns raised by an animal-rights group elicited hundreds of complaints about a dealership's use of two elephants during a circus-themed promotion......»»

Category: topSource:  autonewsRelated NewsJul 11th, 2024

Impel buys retail tech company Outsell for $100 million

The goal is to build a bigger dealership software company focused on artificial intelligence-driven sales and marketing automation.....»»

Category: topSource:  autonewsRelated NewsJul 9th, 2024

$97,000 Camaro brought in for repair but service adviser totaled it on I-95, suit alleges

A customer sued H & L Chevrolet in Darien, Conn., alleging his 2018 Chevrolet Camaro ZL1E Hendrick Edition was totaled by a service adviser who was not supposed to drive it off the dealership lot......»»

Category: topSource:  autonewsRelated NewsJul 9th, 2024

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......»»

Category: topSource:  autonewsRelated NewsJul 8th, 2024

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......»»

Category: topSource:  autonewsRelated NewsJul 8th, 2024

Findlay Auto Group employee sues CDK over breach

A Findlay Automotive Group employee has sued CDK Global, the latest dealership employee or former employee to seek relief in federal court for alleged injury from a data breach at the dealership management system provider. .....»»

Category: topSource:  autonewsRelated NewsJul 8th, 2024