In August, CDK said it would pay $100 million to settle a nationwide class action by retail auto dealerships claiming they overpaid for the company’s dealer management systems.

CDK Global serves almost 15,000 car dealers across the U.S., including GM brands. Now, hackers are demanding a ransom as dealers continue to grapple with the service shutdown.

Dealerships continued to report issues with CDK systems on Friday and Saturday. On Sunday, CDK in an emailed statement to Reuters, said it expected the restoration process to take "several days." ...

The announcement comes one full week after the initial CDK cyberattack, which the company is calling a "ransom event," crippling 15,000 auto dealers across the U.S.

CDK Global's systems have been down "out of an abundance of caution" for three days, affecting U.S. dealerships, according to a report from USA Today.

This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CDK Global is currently sporting a Zacks Rank of #2 (Buy).

Retail technology and software provider CDK Global has begun work to restore systems used by over 15,000 retail locations across North America, the company said in a statement on Sunday, adding ...

System shutdown upends dealership operations The CDK cyber outage affects software management tools and has upended operations at car dealerships across the U.S. The company shut down most of its ...

CDK goes small with new dealership software system built for the little guys CDK Global booth at NADA Show 2024. Photo by Nick Zulovich.

AUSTIN, Texas, March 18, 2025--CDK launches Fundamentals Suite, a proven and scalable core business system for smaller auto dealerships in the U.S. and Canada.

This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. CDK Global is currently sporting a Zacks Rank of #2 (Buy).