CDK Global has “substantially all” of its car dealership customers back online with their management systems, about two weeks after the company’s systems were taken down by hackers. The company had said Monday (July 1) that some of its systems could be down as late...
It is almost July Fourth, and summer holiday travel is about to enter its peak season. But despite the sunshine and blue skies, Americans planning to buy a new car for summer excursions may be looking at decidedly cloudier weather. That’s because, a full week...
Software, and digital transformation more broadly, have transformed the business landscape. Nearly every modern business relies on software to run their operations, and digital technology has become a pervasive, invisible thread enabling and optimizing workflows. When it works well, businesses software fades into the background....
Cox Automotive has added a new synthetic identity (ID) fraud indicator to its Dealertrack Compliance solution for car dealers. The new Synthetic ID Fraud Alert is designed to detect synthetic ID behaviors and help dealers guard against fraudulent transactions earlier in the finance and insurance (F&I) process,...
February 23, 2018
Americans like owning and driving cars — 88 percent of those who are legally able to drive are owners of cars, according to Pew, giving the U.S. the world’s second-highest automobile ownership rate (Italy leads the pack and edges us out with 89 percent ownership). But Americans do not like buying cars — or at […]
July 15, 2024
The impact of the hack on car dealership software firm CDK Global continues to reverberate. AutoNation, one of the largest dealership chains in the country, warned on Monday (July 15) that the cyberattack will impact its second quarter earnings by $1.50 per share. The company said in a Securities and Exchange Commission (SEC) filing that […]
July 02, 2024
CDK Global has “substantially all” of its car dealership customers back online with their management systems, about two weeks after the company’s systems were taken down by hackers. The company...
February 02, 2024
Cox Automotive has added a new synthetic identity (ID) fraud indicator to its Dealertrack Compliance solution for car dealers. The new Synthetic ID Fraud Alert is designed to detect synthetic ID behaviors...
January 19, 2023
Impel has raised $104 million to grow its digital engagement software for automotive manufacturers, dealers and third-party marketplaces. The company will use the new capital to develop new products and pursue...
