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New-Vehicle Sales Down 4.8% in June: NADA

New light-vehicle sales slipped in June in the wake of the cyberattack that affected many dealers’ operations, according to a report from the National Automobile Dealers Association (NADA). Using data Wards Intelligence, NADA’s chief economist Pa
Jul 11, 2024

AI Drives Efficiency for Automotive Management

Editor’s note: This article first appeared at RFIDJournal.com Automative yards are notoriously complex. Even when things go as planned, managing finished vehicles at a manufacturing site, distribution yard or dealership, is time consuming and o
Jul 5, 2024

CDK: Operations “Substantially” Restored to Dealers Ahead of July 4th Weekend

Nearly three weeks after it was first attacked and just days before a crucial holiday weekend, CDK Global reported they had restored operations that was the subject of a ransomware attack. ‘We are ahead of the anticipated schedule, and as of th
Jul 3, 2024

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

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

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

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

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

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