automotive

June Auto Sales Reporting Thrown off by CDK Cyberattack

June Auto Sales Reporting Thrown off by CDK Cyberattack
June Auto Sales Reporting Thrown off by CDK Cyberattack
July 17, 2024  |  Cybersecurity

As automotive retailers bounce back from the cyberattack on leading tech provider CDK Global, their financial results are murky for the period impacted by the...

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Malls Add EV Chargers to Woo Affluent Shoppers With Spare Time
Malls Add EV Chargers to Woo Affluent Shoppers With Spare Time
July 12, 2024  |  Retail

Around the world, malls are adding new electric vehicle (EV) charging stations to attract the high-income shoppers who own them and to get them to...

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Tesla’s Grip on US Electric Car Market Slips in Q2
Tesla’s Grip on US Electric Car Market Slips in Q2
July 10, 2024  |  Earnings

Tesla’s dominance of the American electric car market has faded, even as vehicle sales surge. Get the Full Story Complete the form to unlock this...

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Carvana Adds New Features for Buying and Selling EVs
Carvana Adds New Features for Buying and Selling EVs
July 10, 2024  |  eCommerce

Online car marketplace Carvana has introduced new features for buying and selling electric vehicles (EVs). Get the Full Story Complete the form to unlock this...

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Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
July 09, 2024  |  Legal & Regulation

Fifth Third Bank must pay $20 million to resolve litigation in its auto lending practices. Get the Full Story Complete the form to unlock this...

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EV Sales Tick Up as Payment Challenges Define the Road Ahead
EV Sales Tick Up as Payment Challenges Define the Road Ahead
July 05, 2024  |  Transportation

As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the...

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CDK Expects to Have Hacked Systems Restored by July 4
CDK Expects to Have Hacked Systems Restored by July 4
July 01, 2024  |  Cybersecurity

CDK Global is reportedly restoring its systems that were hacked and expects to have all the car dealerships using its platform live by the morning...

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Synchrony: Personalized Financing Strategy Boosts Big-Ticket Commerce
Synchrony: Personalized Financing Strategy Boosts Big-Ticket Commerce
July 01, 2024  |  Retail

Macroeconomic uncertainty over inflation and interest rates is affecting big-ticket items and leading to shifts among consumers. Get the Full Story Complete the form to...

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