Vehicle lessee, Asbury employee sue CDK after cyberattacks

27June 2024

Vehicle lessee, Asbury employee sue CDK after cyberattacks

An Asbury Automotive Group Inc. employee and a consumer who leased a vehicle from a...

27June 2024

CDK cyberattacks delay dealership acquisition closings

Cyberattacks at dealer management system provider CDK Global have delayed some dealership acquisitions, buy-sell brokers...

27June 2024

Electrify America boosts charger reliability, access

Electrify America has replaced legacy charging equipment with more sophisticated chargers that can quickly power...

27June 2024

Ram tops J.D. Power quality survey; Porsche is No. 1 premium brand

Ram climbed to first place in the 2024 J.D. Power U.S. Initial Quality Study, but...

27June 2024

Rivian reaffirms flat 2024 production of 57,000 vehicles during investor event

Rivian’s stock price was falling in midday trading after the automaker projected second-quarter deliveries in...

27June 2024

Cloaked Audis, covert CEO meeting: How VW’s $5B Rivian bet unfolded

The deal is crucial for both companies as Rivian gets a financial lifeline to survive...

27June 2024

Continental names board member Olaf Schick as CFO

Olaf Schick is currently responsible for integrity and law at Continental. He adds the title...

27June 2024

Mercedes is spending more than previously planned on combustion engines, report says

CEO Ola Kallenius’ comments come after the executive told investors in February that Mercedes would...

27June 2024

Week 2 of CDK outage changes dealers’ way of doing business

Dealerships that quickly cobbled together workarounds with old-school techniques and by having other DMS providers...

27June 2024

Cloaked Audis, covert CEO meeting: how VW’s $5B Rivian bet transpired

The deal is crucial for both companies as Rivian gets the financial lifeline it needs...

27June 2024

Rivian still faces cash burn, cooling sales despite $1B infusion from VW, analysts say

VW will infuse $1 billion into Rivian as the EV maker develops new models. But...

27June 2024

CDK begins DMS restoration with reboot test 9 days after cyberattacks amid sales disruption, litigation

The fallout from the crisis is spreading with analysts now expecting the outage to ding...

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