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CDK Global, based in Hoffman Estates, Ill., claims to operate in over 15,000 retail locations across North America, offering software — in particular a “dealer management system,” or DMS ...
A second cyber incident at data provider CDK Global, whose software is used at 15,000 auto dealers, continued to slow operations to a near-standstill Thursday at US and Canada dealerships, the ...
Reynolds and Reynolds is a software and document printing company that primarily serves the automotive industry. [36] It develops and markets the ERA and POWER suites of auto dealership management systems. [18] [37] Its software is used for inventory, accounting, contract documents and other business logistics.
However, public auto dealership groups like AutoNation , Group 1 Automotive , and Lithia Motors warned their second quarter financial results would likely be impacted by the outage. The companies ...
Shares in CDK's parent company lost over 5.7% value in the wake of the attack, [39] while share prices of large auto dealers Sonic, Group 1 and AutoNation dropped up to 4.4%. [40] JD Power estimated that due to the outage, U.S. retail unit sales in June 2024 would decrease by up to 7.2% from June 2023. [ 41 ]
The Better Business Bureau (BBB) is an American private, 501(c)(6) nonprofit organization founded in 1912. BBB's self-described mission is to focus on advancing marketplace trust, [2] consisting of 92 independently incorporated local BBB organizations in the United States and Canada, coordinated under the International Association of Better Business Bureaus (IABBB) in Arlington, Virginia.