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Conference & Expo: October 8-10, 2024
DealerPoint: April 9-11, 2025

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Trending Auto Retail News

Report: CDK Paid $25 Million to End Ransomware Attack

Report: CDK Paid $25 Million to End Ransomware Attack

According to a published report, the price tag that CDK Global paid to cyber terrorists is believed to $25 million. The story from CNN comes as CDK’s CEO Brian MacDonald has promised that the company’s customers will receive financial compensation in a letter going...

KBB: New-Vehicle Prices Hold Steady in June

KBB: New-Vehicle Prices Hold Steady in June

New-vehicle prices were lower year-over-year for the ninth straight month in June, according to data released by Kelley Blue Book (KBB). The average transaction price (ATP) for a new vehicle in the U.S. was $48,644—$266 (0.6 percent) higher from the revised May ATP...

New-Vehicle Sales Down 4.8% in June: NADA

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 Patrick Manzi wrote that...

The Car Market Crash Hype

The Car Market Crash Hype

The automotive news feed is completely saturated with fear mongering about what might happen for the rest of 2024. Negative equity from rapidly rising vehicle prices over the past few years has made upgrading or obtaining new auto loans more difficult for many...

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