Half of nation's auto dealers 'affected dramatically' by cyberattack [Yahoo! Finance]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
Company Research
Source: Yahoo! Finance
The attack, affecting CDK Global, was first reported Wednesday, but the situation, according to a metro Detroit dealer, had not been resolved as of Friday. CDK spokesperson Lisa Finney told USA Today for a story that published initially on Wednesday that the company shut down most of its systems “out of an abundance of caution" for customers. By that afternoon, the company indicated it had restored its core document management system and digital retailing solutions, according to the story, which called CDK "one of the leading providers of cloud-based software to dealerships in the country." A message left for Finney on Friday was not immediately returned. Thad Szott, who owns dealerships in Michigan, said at least 50% of the dealers nationwide, whether they sell new or used cars, are struggling with the situation. He sells Ford, Chrysler, Jeep, Dodge, Ram and Toyota vehicles through Szott Auto Group in White Lake, Highland Township, Holly, Waterford and New Hudson. “All five
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