TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%


CDK cyberattack

The automotive industry has not been immune to the surge in data breaches, as evidenced by the recent cyberattack on CDK Global.

Protecting consumer data in light of recent breaches

- September 2, 2024
The more tech security advances and the more data is collected, the more bad actors work at infiltrating and stealing corporate data. And if recent reports are any indication, it’s getting worse. And...
Sales & Marketing Event Coverage
Joining us on the latest Inside Automotive episode with more on this win for dealers is Len Bellavia, Founding Partner of DealerLaw.com.

CDK Global to pay $100M settlement in landmark antitrust lawsuit benefiting dealers – Len Bellavia

- August 27, 2024
CDK Global is set to pay 100 million dollars to settle a class-action antitrust lawsuit. The lawsuit, filed in 2017, was originally against CDK and Reynolds and Reynolds, however, Reynolds...
Inside Automotive Daily Automotive News
Retail used vehicle sales saw a significant increase in July, jumping 27.6% from June, according to Cox Automotive’s vAuto Live Market data

July sees surge in retail used vehicle sales, rising 27.6% month over month

- August 16, 2024
Retail used vehicle sales saw a significant increase in July, jumping 27.6% from June, according to Cox Automotive’s vAuto Live Market View data. This surge brought the total number of...
Headlines Articles
Ben Keating is joining us on the latest episode of Inside Automotive with an update on post-hurricane operations. 

Ben Keating reveals recovery and resilience post-hurricane and CDK outage

- July 22, 2024
Earlier this month, Hurricane Beryl made its way to the city of Houston and surrounding areas causing death, damage, and left many residents without power. Among those impacted were local...
Inside Automotive Management & Leadership
The recent CDK Global outage has sent shockwaves through the automotive industry, Jonathan Jordan shares his insights on dealers' resilience.

Navigating the aftermath: CDK Global’s outage and its impact on dealers – Jonathan Jordan | JM&A Group

- July 15, 2024
The recent CDK Global outage has sent shockwaves through the automotive industry, forcing dealerships to adapt quickly and find innovative ways to continue operations. As the sector grapples with this...
Event Coverage Inside Automotive
As we delve into the consequences of CDK Global's blackout, Kevin Tynan shares his insights on the latest episode of CBT Now.

CDK Global’s blackout: Analyzing the ripple effects on the automotive industry – Kevin Tynan

- July 15, 2024
In the aftermath of CDK Global's unexpected shutdown, dealerships nationwide are bracing for a prolonged period of disruption. As we delve into the consequences of this blackout, Kevin Tynan, Senior...
Event Coverage CBT Now
In a letter sent to over 15,000 dealerships yesterday, CEO Brian MacDonald acknowledged the challenges posed by CDK's cyberattacks.

CDK Global CEO promises financial compensation after cyberattacks

- July 12, 2024
In a letter sent to over 15,000 dealerships yesterday, CEO Brian MacDonald acknowledged the challenges posed by CDK's cyberattacks and assured dealerships of forthcoming financial relief. The letter did not...
Articles Event Coverage
CDK CEO Brian MacDonald has defended CDK's handling of the situation amid the already filed lawsuits, compounding the company's problems.

Weekly roundup: CDK Global’s cyberattack/recovery, Volkswagen’s $5 billion investment

- June 28, 2024
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...
Headlines Daily Automotive News

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FTC invites dealers to report potential pricing issues across the industry. Ford doubles down on U.S. Assembly as trade policies shift industry strategy. Carvana expands its dealership portfolio with a CDJR dealership in Ohio. New car sales drop 7.3% in April, but don't blame buyers. Cox Automotive to acquire Fullpath to expand AI-driven marketing.
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Stellantis to prioritize four core brands in turnaround strategy, sources say The automaker plans to shift funding toward Jeep, Ram, Peugeot, and Fiat while maintaining its broader portfolio. On the Dash: Expect increased product investment and marketing support for Jeep, Ram, Peugeot and Fiat. Regional and niche brands may see reduced volume but more targeted positioning and shared platforms. Platform-sharing and rebadging strategies could affect inventory mix and model differentiation. Stellantis will concentrate most of its investment on four core brands as CEO Antonio Filosa pushes a turnaround strategy set for release May 21, according to a Reuters exclusive. The automaker has identified Jeep, Ram, Peugeot, and Fiat as its priority brands. It will allocate a “material increase” in funding to them, driven by their stronger global sales and profitability, marking a shift away from the company’s previous approach of distributing investment more evenly across its portfolio. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Stellantis will retain its 14-brand lineup, the largest in the industry, and will not shut down underperforming marques. Instead, the company will reposition secondary brands such as Citroën, Opel and Alfa Romeo to operate in regional or niche roles. These brands will rely on shared platforms and technology developed by the core brands while maintaining distinct styling and market identity. The strategy comes as Stellantis works to regain market share in the United States and Europe while facing growing competition from Chinese EV makers. The company earlier reported a 22.2 billion-euro charge tied to scaling back its EV plans, underscoring the urgency of the strategic shift. Its market valuation has also declined significantly in recent months. To support the transition, Stellantis will expand its use of shared “multi-energy” platforms that support electric, hybrid and internal combustion (ICE) vehicles. Additionally, the company is evaluating rebadging strategies and joint development programs, including collaborations with its Chinese partner, Leapmotor. Executives and investors backing the plan expect the increased focus on core brands to improve efficiency and strengthen financial performance. Analysts say Stellantis could still consider further consolidation if results fall short of expectations. Meta description (140 characters) Stellantis to boost funding for Jeep, Ram, Peugeot and Fiat, shifting strategy while maintaining its 14-brand global portfolio.
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Stellantis to prioritize four core brands in turnaround strategy, sources say

Hyundai's profit drops 24% as tariffs, weak global demand persist 
Latest Articles 04/24/26

Hyundai’s profit drops 24% as tariffs, weak global demand persist 

The latest JD Power-GlobalData forecast shows a decline in new car sales in April, but you can blame last year's tariff panic, not today's buyers.
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New car sales drop 7.3% in April, but don’t blame buyers

2026 Subaru Outback: Rugged evolution meets everyday practicality
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2026 Subaru Outback: Rugged evolution meets everyday practicality


CBT News
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