A ransomware attack on CDK, a software vendor for auto dealers, has affected over 15,000 dealers in the U.S., causing disruptions to sales and operations. CDK's system may not be fully restored until July, impacting new car sales and other dealership functions.
US auto sales projected to slump in June due to disruption from CDK outage https://t.co/Qw04Iw8deP
CDK says ‘small initial test group’ brought live on its Dealer Management System after outage https://t.co/BC56xR49mH
60+ car dealerships in Iowa (15K in US) r under RANSOMWARE ATTACK Clear impacts 4 biz&consumers + real world indicator of y cybersecurity protections r so important I wrote DOT months ago abt its open cybersecurity recs & still no word back DOT must stop dragging its feet
BREAKING CDK Global has *just* successfully restored system access to a small initial test group of dealers! Huge milestone and hopefully the start of broader restoration. Once validation is complete, they will begin phasing in other dealerships. https://t.co/2J1PYaK90g
BREAKING CDK Global has *just* successfully restored DMS access to a small initial test group of dealers! Huge milestone and hopefully the start of broader restoration. Once validation is complete, they will begin phasing in other dealerships. https://t.co/m2IYGvZ4Ii
NEWS: Over 15,000 auto dealers still can't access CDK software that runs everything from new car sales, finance, repairs to payroll, and it may not be back up until July. https://t.co/GMxqmKxjbJ
🇺🇸 New-car sales expected to be up slightly in June, even as interest rates stay high https://t.co/QyEuu6Qn0o
U.S. car sales are expected to hold steady in June, according to recent forecasts. But CDK Global outages are creating uncertainty… Plus, Rivian lands a $5 billion investment from a major OEM and more recalls plague top automakers. Today’s top auto industry news, brought to…
*J.D. Power: Total New-Vehicle Sales for June Projected to Reach Between 1.34M and 1.27M Units *J.D. Power: Dealer Software System Outages Disrupt June Sales; Rapid Recovery Expected in July
US auto sales expected to slip in June on CDK cyber outage, report shows https://t.co/hUVj4d3ST1 https://t.co/qRwLqEueyU
⚠️ J.D. POWER: SEES U.S. JUNE TOTAL NEW-VEHICLE SALES BETWEEN 1.34 MLN AND 1.27 MLN UNITS, DOWN 2.6% TO 7.2% **SEES JUNE U.S. SAAR FOR TOTAL NEW-VEHICLE SALES BETWEEN 14.7 MLN AND 15.4 MLN UNITS ** U.S. BUYERS ON TRACK TO SPEND NEARLY $44.6 BLN ON NEW VEHICLES IN JUNE, DOWN…
Dealers told outage likely won't be fixed before June 30 while CDK's CEO defended the company's response to the crisis. Two lawsuits seeking class-action status were filed in Illinois. https://t.co/gNtzDbPQ25
New-car sales expected to be up slightly in June, even as interest rates and prices remain high https://t.co/JwQsX6xSK9
The hack affecting more than 15,000 car dealers around the U.S. is also hampering vehicle buyers. Here's what to know. https://t.co/h8ggR2NynB
CDK dealer software unlikely to be restored before June end, memo says https://t.co/LHo8GSrxry https://t.co/8uZquSaPhO
'Years To Correct': Auto Dealers Continue To Face Negative Impact From Ransomware Attack https://t.co/ffnI622mXh
The CDK disruption, in its 7th day, has dealers concerned about U.S. sales and adds to customers' general hesitancy to buy big-ticket items like vehicles. https://t.co/wy9ZSKvJqN
US Auto Sales Are Expected To Slow During The Second Half Of 2024 - @CNBC https://t.co/NhCC0jquVm
U.S. auto sales are expected to slow during the second half of 2024 https://t.co/7ATOhP2Wt3
Nearly 160 Wisconsin auto dealers caught up in nationwide ransomware attack against software vendor that handles their paperwork. https://t.co/X4DvnYimzP