Direct losses to the auto dealerships impacted by outages at major software provider CDK Global in recent weeks could reach a collective $1 billion if the problems are not fixed soon, according to new ...
Anderson Economic Group estimated 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.
HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--Repeated challenges to supply chain-driven inventory, vehicle market pricing and rising interest rates plagued dealerships last year, prompting U.S. and ...