Dothan, AL

CBS News

CDK Global, a company that provides auto dealerships across the U.S. with software for managing sales and other services, was shut down for a third straight day Friday after cyberattacks crippled the platform. The outage is disrupting roughly 15,000 car sellers that depend on CDK's dealer management software to run their businesses, including vehicle sales. Some dealership employees have resorted to pen and paper to handle transactions, but said most deals had ground to a halt. CDK has not indicated when its systems will be back up and running, but suggested the outage could last several days. "We are actively investigating a...

CDK cyberattack shuts down auto dealerships across the U.S.

Fremont, CA

If you aren’t in the market for a new car or your family’s income isn’t tied to a car dealership, you might not be aware of crippling cyber attacks that have left nearly 15,000 dealerships across North America struggling to provide services to customers.

Think the CDK outage is just about cars and dealerships? Think again

[Stay on top of transportation news: Get TTNews in your inbox.]. Electric vehicle prices are falling fast in the U.S., but the cheapest models remain far more costly than what other countries have on offer. The BYD Seagull sells for about $10,000 in China, the Dacia Spring starts at $20,000 in Europe, the Renault Kwid e-Tech costs $19,000 in Brazil, and the Kia Ray goes for $22,000 in South Korea.

The $25,000 Electric Car Is Coming to US Soon

Reuters

(Reuters) - CDK Global said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July 3 or early morning on July 4, about two weeks after a cyberattack-led outage upended operations across car dealerships in the U.S.

Factbox-Why a hack at CDK Global is casting a shadow on US auto sales

GOBankingRates

With so many models and options on the market, choosing the right car is never easy. The wrong choice can leave you trapped in a money pit that drains your finances with repair costs, poor gas...

I Have Driven Over 250 Car Models: These Are the 3 Best and Worst for Your Money

TheStreet

Safety and fuel efficiency tend to be the most important factors to car shoppers, but longevity is equally important for those seeking a vehicle they can rely on for years. These are the longest-lasting vehicles according to survey data from Consumer Reports members.

The longest-lasting car models (200k+ miles) according to Consumer Reports

(Reuters) -CDK said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July 3 or early morning on July 4. The company, which provides software to car dealerships, had briefly shut down all its systems in June, saying it was investigating a cyber incident.

CDK Expects All Dealers to Be Live by Early July 4

We found out why Toyota’s twin-turbo V6s have been grenadeing themselves in 2022-2023 Tundras and Lexus LXs earlier this month, but there’s still no real fix for the issue. Now it seems car dealers are staying away from the once bullet-proof trucks. A number of against-their-will Tundra owners...

Toyota Tundra trade-ins are getting rejected by dealers because of the V6 engine recall

CBS Boston

The CDK Global cyberattack is expected to cut auto dealerships' vehicle sales in June down by about 100,000, or more than 7%, compared with the same period in 2023. The projected decrease is not reflective of weak demand, but rather the anticipated consequence of some dealerships' reliance on CDK sales software for transactions. Many dealers have been without full access to their systems for more than a week, with no promise from CDK that they'll be back up and running by the end of the month. "An auto dealership is basically run by its dealer management system, or DMS — it's the financial backbone...

CDK cyberattack outage could lead to 100,000 fewer cars sold in June, experts say

Timing is everything, especially when it comes to buying a new car. Usually, the best time to buy a car is whenever you need one. But if you have the opportunity to map out your next car purchase, you...

Should You Buy a New Car This Summer?

If you've shopped for a used car in the past three or so years, you probably know it's been a hot market. The COVID-19 pandemic caused disruptions to the new car market, which sent buyers searching...

10 Cars You Can Buy Today for the Best Returns

For the most part, cars are almost never an investment (Here’s an exception), but are almost always a necessity. You just cannot get around in most cities and towns without a good running car or truck because America does not invest in the type of mass transit infrastructure you will find in Europe that makes car ownership much less of a necessity.

Cars That Depreciate The Most In The First Year of Ownership

CDK Global says its dealer management system should be back online by late Wednesday or early Thursday, or about two weeks after the software provider was hit with back-to-back cyberattacks last month. Suggested Reading. “We are continuing our phased approach to the restoration process and are rapidly bringing dealers live...

The massive car dealership slowdown could end this week

The pandemic changed the spending habits of many Americans who were suddenly hit with significant hardships. Tens of millions of people lost their jobs due to the COVID-19 crisis and the resulting...

Don’t Waste Your Money on These 10 Luxury Brands

(NEXSTAR) — Despite two federal injunctions handed down last week, millions of student loan borrowers will not have to make a payment on their debt in July. The one-month forbearance is part of what was intended to be a new phase of benefits for borrowers enrolled in the Saving on a Valuable Education plan, otherwise known as the SAVE plan.

3 million student loan borrowers won’t owe a payment in July: Here’s why

TAMPA, Fla. (WFLA) — The tropics have been unusually active for June and early July. The National Hurricane Center is tracking Hurricane Beryl, the remnants of Chris and a new tropical wave. Hurricane Beryl made landfall Monday on Carriacou Island as an “extremely dangerous” Category 4 storm.

Tracking the Tropics: ‘Extremely dangerous’ Hurricane Beryl makes landfall with 150 mph winds

It’s no secret that cars cost money to own and operate, but the differences in running expenses between models can be shocking. MarketWatch Guides' new study calculated the five-year costs for gas models, finding that the Hyundai Venue is less than half as expensive to own as some luxury vehicles.

The 10 cheapest vehicles to own and operate over 5 years

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

BEV, PHEV, HEV, NEV and FCEV are all acronyms for some sort of electrified vehicle, but only one of them refers to all-electric cars. That would be BEV, which stands for battery electric vehicle, whereas all the others have some form of helper, be it a combustion engine or something else.

Americans Are Convinced Toyota, Honda, Nissan Lead The Way On EVs: New Survey

USA TODAY

The NHTSA recently announced recalls for 239,120 vehicles. This includes Chrysler, General Motors, Toyota and Kia cars.

Chrysler, General Motors, Toyota, Kia among 239k vehicles recalled: Check car recalls here

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NewsBreak

Wiregrass dealerships affected by North American cyberattacks on software provider

DOTHAN, Ala (WDHN) — Car dealerships in the Wiregrass are among the thousands affected by cyber-attacks that started last week on a software company used widely...

Wiregrass dealerships affected by North American cyberattacks on software provider

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