AutoNation Warns CDK Hack Put a Big Dent in Quarterly Earnings

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Bloomberg,Autonation Inc.,Car Dealerships

(Bloomberg) -- AutoNation Inc., one of the biggest chains of US car dealerships, warned the cyberattack that crippled retailers across the country until...

-- AutoNation Inc., one of the biggest chains of US car dealerships, warned the cyberattack that crippled retailers across the country until early this month cost the company a significant chunk of second-quarter earnings.Trump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceThe hack of CDK Global likely lowered AutoNation’s profit for the period by about $1.50 a share, the Fort Lauderdale, Florida-based company said in a regulatory filing Monday.

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