Daily 5 report for Sept. 30: CDK wins key deal after cyberattack

30September 2024

Daily 5 report for Sept. 30: CDK wins key deal after cyberattack

The news reinforces CDK’s reputation in the DMS business and, presumably, will help the company...

30September 2024

Bruno Sacco, creator of many Mercedes postwar classics, dies

Though he retired in 1999 after a career of over 40 years at the German...

30September 2024

Bruno Sacco, creator of many Mercedes-Benz postwar classics, dies

Bruno Sacco, the designer of many of the top-selling vehicles in Mercedes-Benz history, died in...

30September 2024

Dealership settles discrimination lawsuit brought by EEOC and disabled service adviser

A federal judge in Baltimore has approved a $105,000 settlement in an Equal Employment Opportunity...

30September 2024

Hurricane Helene totals 672 Kia cars at Florida dealership

Ganley estimates the value of the vehicles between $28 million and $30 million....

30September 2024

California enacts car data privacy law to curb domestic violence

California Governor Gavin Newsom has signed a bill that requires automakers selling internet-connected cars to...

30September 2024

Southeast dealers work to help employees, assess damage after Helene

Some dealerships in Southeast states devastated by Hurricane Helene remained closed Sept. 30 as they...

30September 2024

CDK wins DMS contract extension with Sonic Automotive

The contract extension with Sonic is a win for market leader CDK, which faced challenges...

30September 2024

GM’s Cruise agrees to pay $1.5 million U.S. fine as part of consent order with NHTSA over crash disclosures

General Motors self-driving subsidiary Cruise and federal safety regulators have agreed to a consent order...

30September 2024

GM, Magna-backed automotive software marketplace SDVerse opens

SDVerse, open to automakers, suppliers and relevant tech companies, is a marketplace designed to connect...

30September 2024

Ineos Automotive adds 4 U.S. dealerships on the coasts

With the additions, Ineos will have 22 dealerships in the U.S. and two in Canada....

30September 2024

Nio gets $1.9B injection from parent, investors

A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported...

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