Dealerships news and trends

Will US Dealerships Shake Off CDK Attack By Independence Day?
Security & Fraud // June 26, 2024

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...

Finio Launches Credit Aggregation Platform for Powersports Industry
Retail // July 20, 2023

Finio has launched a credit aggregation platform for leisure marine, powersports, motorcycle, recreational vehicle (RV), truck and other industries. The platform aims to simplify and accelerate the financing process between dealerships, manufacturers, lenders and customers, improving the digital sales and finance experience, the company said in...

Vehicle Sales Down 80 Pct In China Due To Coronavirus 
International // March 05, 2020

Car sales in China plummeted 80 percent last month as the coronavirus epidemic stopped people from going to dealerships, according to reports on Wednesday (March 4). The decline by the world’s largest auto market is expected to be the steepest drop of the year, the...

Quick Reads
CDK Global Hackers Tied to 96 Cyberattacks in Past Year

June 28, 2024
The hackers who struck car dealership software-as-a-service (SaaS) platform CDK Global on June 18 and 19 are reportedly affiliated with a Russia-based group called BlackSuit. This cybercriminal group has been tied to 96 extortion efforts since May 2023 and has likely committed dozens more, Bloomberg reported Friday (June 28). BlackSuit includes members who were formerly affiliated with cyber gangs […]

Finio Launches Credit Aggregation Platform for Powersports Industry

July 20, 2023
Finio has launched a credit aggregation platform for leisure marine, powersports, motorcycle, recreational vehicle (RV), truck and other industries. The platform aims to simplify and accelerate the financing process between dealerships,...

Vehicle Sales Down 80 Pct In China Due To Coronavirus 

March 05, 2020
Car sales in China plummeted 80 percent last month as the coronavirus epidemic stopped people from going to dealerships, according to reports on Wednesday (March 4). The decline by the...