June Orders for Big Trucks Slow Down -- Market Talk
Orders for heavy-duty trucks in June fell, as weakening freight volumes and rates combined with the usual summer slowdown in truck buying.
Lithia Motors Expands Board, Appoints Finance Expert McKinney
'CDK Says 'Substantially All Dealer Connections Are Live' as DMS Reboot Moves Ahead of Schedule' - Automotive News
CDK statement: 'We are ahead of the anticipated schedule, and as of this morning, substantially all dealer connections are live on the Dealer Management System.'
CDK Expects All Car Dealership Systems To Be Restored By Early July 4
CDK Expects All Car Dealership Systems To Be Restored By Early July 4
CDK Global Works to Restore Dealer Software After Hack, but the Auto Sales Fallout Still Looms
Marubeni-Lithia Motors JV to Invest in Apollo-backed Wheels
Lithia Marubeni Mobility Holding (LMMH), a joint venture between Marubeni (TYO:8002) subsidiary Marubeni America Corporation and US automobile dealer Lithia Motors, will invest an undisclosed sum in I
Lithia, Marubeni Make 'Significant Minority Investment' in Wheels
Lithia & Driveway (LAD) and Marubeni Corp have made a "significant minority investment" in Wheels, a fleet management firm in North America. The financial terms of the investment were not disclosed. W
Express News | Marubeni Corporation and Lithia & Driveway Make a Strategic Investment in Wheels, Partnering With Apollo Funds
Is Lithia Motors (NYSE:LAD) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved whe
Market Chatter: CDK Global Says Auto Dealer Software Outage May Not Be Fixed Before June Ends
CDK Global does not expect the outage caused by a cyberattack in its dealer management software to be restored before the month ends, Reuters reported Tuesday, citing a company memo. Car dealers inclu
Cheat Sheet: What You Need to Know About About the Great Car Dealer Software Hack
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading
Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.1%. In corpo
Sector Update: Consumer
Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 0.3%. In corporat
Car Dealers Warn of Business Disruptions After Cyberattack at Systems Vendor CDK Global
Car dealerships including AutoNation (AN), Lithia Motors (LAD) and Group 1 Automotive (GPI) warned of business disruptions on Monday after a cyberattack that occurred last week at third-party informat
Express News | Lithia Motors: Has Not Identified Compromise or Unauthorized Access of Its Systems or Networks
Express News | Lithia Motors Inc: Cybersecurity Incident Has Had, and Is Likely to Continue to Have, a Negative Impact on Co's Business Operations
Express News | Lithia Motors: Got Notice From Cdk Global That It Suspended Systems in Response to Cybersecurity Incident - SEC Filing
Car Dealerships Go 'Old School' as CDK Global Cyberattack Forces Some Services to Go Back to Paper
By Claudia Assis Cyberattack causing a major disruption after hack shuts down software used by many car dealers Service orders, sales, title work and even payroll calculations for hourly mechanics h
Auto Roundup: GM's Buyback Boost, LAD's Buyout Binge & More
Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Higher Following a Softer-than-expected May CPI Report. Also, the Fed Left Rates Unchanged.
Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Higher Following a Softer-than-expected May CPI Report. Also, the Fed Left Rates Unchanged.