Car Dealers Reel From Cyberattack on $1.2 Trillion Market

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Dealership Management System,CDK Global,Customers

(Bloomberg) -- A dealership in Phoenix is handwriting paper contracts and gauging creditworthiness with guesswork. A Jeep owner in Alabama keeps calling...

Car Dealers Reel From Cyberattack on $1.2 Trillion MarketUnited Airlines Jet Turns Back After Engine Piece Falls OffCar Dealerships Across US Halt Services After CyberattackThe differencUS proposes rules to stop Americans from investing in Chinese technology with military uses

WASHINGTON — The Treasury Department on Friday fleshed out a proposed rule that would restrict and monitor U.S. investments in China for artificial intelligence, computer chips and quantum computing.CALGARY — Calgary's mayor is promising a wide-ranging examination of the city's underground infrastructure after a catastrophic water main break that has forced more than two weeks of use restrictions.OTTAWA — Canadian retail sales rose 0.7 per cent to $66.

Waking up at 5 a.m. every day could improve your life. Experts say these are the 5 key factors to making it work for youCarMax reported a 33% decline in profit during its first quarter, citing inflation pressures and high interest rates as major headwinds to the used vehicle retailer. The Morning Brief Hosts Brad Smith and Madison Mills report more on the bull and bear cases for the company following its earnings results.

 

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Car dealers reel from cyberattack on US$1.2 trillion marketCDK Global — a software provider to some 15,000 car dealers — was waylaid by debilitating cyberattacks this week.
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Brookfield Business Partners slips as hack hits car dealersBrookfield Business Partners LP extended a losing streak after one of its top investments, a software provider for car dealerships, fell victim to a cyberattack.
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Brookfield Business Partners Slips as Hack Hits Car Dealers(Bloomberg) -- Brookfield Business Partners LP extended a losing streak after one of its top investments, a software provider for car dealerships, fell...
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Cyberattack Hits Software Provider for Car Dealers Across the USCDK Global, a major software provider for auto dealers across the US, halted much of its systems for hours Wednesday while the company investigated a cybersecurity incident.
Source: BNNBloomberg - 🏆 83. / 50 Read more »