Scammers target dealerships in U.S., Canada pretending to be CDK reps
CDK Global says scammers are targeting some dealership customers affected by the cyberattack that downed their DMS platforms.
Dealership finance offices can still work while CDK is down
The temporary shutdown of the car dealership management system CDK following cyberattacks complicates life for auto retailers’ finance and insurance offices. However, it’s not insurmountable, according to experts.
U.S. factory incentives drive big gains in April EV registrations despite Tesla's 17% plunge
Electric vehicle registrations rose 14 percent in April after a lackluster first quarter. Legacy automakers and startup Rivian led the gains while EV market leader Tesla saw another drop-off compared with last year’s numbers.
CDK Global shuts down its DMS again after overnight cyberattack
CDK Global has shut down its dealership management system for a second day after experiencing another “cyber incident.”
Toyota Group suppliers Denso, Aisin scale back cross-shareholdings, filing shows
Denso had sold off its stakes in Toyota Boshoku, Toyota Tsusho, Toyoda Gosei and Hino Motors. Aisin also reduced its stakes in those companies to zero.