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Dealer/GM News
Ram Ranks Highest in Initial Quality Study
Ram tough indeed. The J.D. Power 2024 U.S. Initial Quality Study (IQS). found the Dodge pickup truck is the highest-ranking brand overall in initial quality with a score of 149 PP100. In its inaugural year incorporating franchise dealership repair vi
Jul 2, 2024
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Dealer/GM News
July Sales Expected to Benefit from Ransomware Attack: J.D. Power
The cyberattack that affected U.S. dealerships is expected to have a “significant” impact on sales for the month of June, according to J.D. Power officials. “Because of the disruption to dealer software systems, June sales will not be reflectiv
Jun 28, 2024
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Dealer/GM News
CDK Making Progress in Restoring Services
CDK Global brought a “small initial test group” of auto dealerships back online, a week after a ransomware attack affected the operations of thousands of dealers across the U.S. “We have successfully brought a small initial test group of dealer
Jun 27, 2024
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Dealer/GM News
June New-Vehicles Sales Up 2.9 Percent from Last Year: Cox
New-vehicle sales in June are expected to increase from last month, according to the latest forecast from Cox Automotive. In June, the seasonally adjusted annual rate (SAAR) is projected to finish near 16.0 million, down slightly from last June’s 1
Jun 26, 2024
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Dealer/GM News
AppraisalPRO Arms Car Dealers with Big Data to for Trade-Ins
AppraisalPRO began operations on June 25, a company intent on revolutionizing the vehicle appraisal industry with AI database designed to provide new and used car dealers nationwide with the market’s most powerful tool for optimizing trade-in value
Jun 25, 2024
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Dealer/GM News
U.S. Auto Dealers Spend Weekend Working Around Computer Hack
Dealers across the U.S. resorted to pen and pencil to complete transactions in their dealerships as one of the key software programs remained down over the weekend. CDK Global has not made any public comments since shutting down their services on Thu
Jun 24, 2024
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Dealer/GM News
Fisker Files for Bankruptcy
On June 17, Fisker filed for Chapter 11 bankruptcy protection, less than two weeks after the troubled electric vehicle maker recalled the nearly 7,000 Ocean SUVs from the 2023 model year due to an issue regarding the Motor Control Unit (MCU). ̶
Jun 21, 2024
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Dealer/GM News
Keating Auto Group, Lithia, Mosaic Auto Group, Manheim: Dealership Sales Roundup
Keating Auto Group Buys Houston Dealership from Ken Garff Automotive Group Ken Garff Automotive Group, the third largest private dealership group in the U.S., sold its Northwest Chrysler Dodge Jeep Ram dealership to Texas-based Keating Auto Group. Th
Jun 20, 2024
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Dealer/GM News
UPDATE: Hackers Reportedly Demand Millions from CDK Global After Cyber Attack
Updated 10:30 A.M. June 22: CDK Global is reportedly negotiating with Eastern European hackers who forced the company to shut down services to auto dealers across the U.S. According to Bloomberg’s report, CDK intends to pay the ransom—reporte
Jun 20, 2024