CDK Global Cyberattack Cripples U.S. Car Dealerships

Dealerships face massive financial losses and operational disruptions as CDK Global works to restore systems by July 4.

Cyberattack on CDK Global has impacted 15,000 U.S. car dealerships for nearly two weeks.
Dealerships have reverted to manual processes, significantly slowing down sales and services.
Estimated financial losses could reach $1 billion if systems are not restored soon.
CDK Global aims to have all dealer management systems back online by July 4.
June car sales dropped by over 5% compared to last year due to the outage.