Top stories
CDK Global progresses cyberattack recovery with key dealers back online. Read More
Detroit Three Automakers excel in J.D. Power’s 2024 U.S. Initial Quality Study. Read More
Tesla claims victory for Elon Musk in legal battle over $56 billion pay package. Read More
Genesis unveils an updated electrified G80 with an enhanced range and sophisticated design. Read More
Featured Interview
John Fitzpatrick & Mike Pandher navigate the aftermath of CDK’s cyberattacks Retailers across the country are grappling with the aftermath of CDK’s cyberattacks, and we’ve got some top industry experts to help us understand the impact and the path forward. Joining us are John Fitzpatrick, President and CEO of Force Marketing, and Mike Pandher, their Senior Vice President of Technology. They’ll discuss how dealers can navigate these turbulent times, protect their data, and keep their operations running smoothly. Watch the full segment here.
Volkswagen and Rivian form joint venture to advance EV technology and software Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry. Watch the full segment here.
For Dealers
Weekly roundup: CDK Global’s cyberattack/recovery, Volkswagen’s $5 billion investment
Earlier this week: CDK Global announced the successful launch of a small initial test group of dealers on its new dealer management system. The CEO of CDK defended the company’s handling of the situation amid already filed lawsuits, compounding the company’s issues. Volkswagen Group plans to invest up to $5 billion in Rivian. Ford has officially chosen Long Beach as its HQ for the development of its next-generation electric vehicles. U.S. auto sales through the first half of the year are up by 2.9% compared to a year ago. The Alliance for Automotive Innovation has petitioned the NHTSA to reconsider parts of a recently finalized rule mandating automatic braking systems in all new vehicles by 2029. Hyundai is encouraging more dealers to join its Amazon retail program in preparation for a consumer launch later this year. Read More
