Outage from CDK cyberattacks could cost dealers $1 billion, study says
Auto June 27, 2024, 0 Comment 2Anderson Economic Group said affected dealers could be out about $600 million after two weeks and could lose roughly $1 billion if the dealer management system shutdown lasts until the July 4 holiday weekend. Its calculations include estimated losses on vehicle sales, growing floorplan interest and administrative costs, among other factors.
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