News

We provide the latest news
from the world of economics and finance

Back
24 June
Group 1 Automotive: Dealerships Continue To Conduct Business Despite CDK Service Outage

(RTTNews) - Group 1 Automotive (GPI) announced that the cybersecurity incident recently experienced by third-party software provider, CDK Global, has disrupted Group 1's business applications and processes in its U.S. operations that rely on CDK's dealers' systems. The company said all Group 1 U.S. dealerships continue to conduct business using alternative processes until CDK's dealers' systems are available. The dealerships in the U.K. are not impacted by the CDK service outage.

Group 1 Automotive noted that CDK has advised that it anticipates the restoration of the dealer management system will require several days and not weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.