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Factbox-Why a hack at CDK Global is casting a shadow on US auto sales
Reuters via Yahoo Finance Canada· 2 hours agoThe market for automotive dealer management system is somewhat of a duopoly between CDK and Reynolds...
Lithia (LAD) and Marubeni Make Minority Investment in Wheels
Zacks via Yahoo Finance Canada· 3 days agoIn the first quarter of 2024, Lithia’s revenues rose to $8.6 billion compared with $7 billion in the...
Car dealerships in North America revert to pens and paper after cyberattacks on software provider
The Canadian Press via Yahoo Finance Canada· 7 days agoNEW YORK (AP) — Car dealerships in North America are still wrestling with major disruptions that...
CDK says dealers should have full DMS service by late July 3 or early July 4
Automotive News· 2 hours agoThe company made initial progress restoring operations June 26 and 27 when it brought Group 1 Automotive and two small batches of dealership customers back online. The six largest U.S. publicly ...
This Is the No. 1 Retail Store in Every State
GOBankingRates via Yahoo Finance Canada· 4 hours agoEach of the 50 states is home to a highly rated business whose industry is a retailer selling directly to customers. To find the number one retail store...
Cheat sheet: What you need to know about about the great car dealer software hack
Yahoo Finance· 2 days agoAfter numerous dealerships across Canada and the US reported system outages, CDK Global revealed it...
Vehicle Retailer Stocks Q1 Teardown: America's Car-Mart (NASDAQ:CRMT) Vs The Rest
StockStory via Yahoo Finance Canada· 4 days agoThe end of an earnings season can be a great time to discover new stocks and assess how companies...
Wiregrass dealerships affected by North American cyberattacks on software provider
WDHN Dothan· 7 days agoDOTHAN, Ala (WDHN) — Car dealerships in the Wiregrass are among the thousands affected by...
Largest public dealer groups face 10% hit to Q2 earnings from CDK cyberattack, analyst report says
Automotive News· 8 hours agoThe cost of the nearly two-week DMS shutdown is rising rapidly as its impact becomes clearer and the number of lawsuits continues to grow.
CDK Global says small group of dealers have systems restored following hack
USA TODAY via Yahoo Canada News· 6 days agoThe source said the group behind the hack is believed to be based in eastern Europe, Bloomberg...