US new-vehicle sales growth slows after CDK cyberattack
-Top U.S. automakers posted slower sales growth for the second quarter as a cyberattack at software systems provider CDK hit operations at several dealerships during the crucial selling period of late June.) reported a 0.6% rise in new-vehicle sales, compared with a jump of 19% last year, and said some sales would shift to the current quarter due to the hack.Market research firm Cox Automotive estimates overall U.S. new-vehicle sales volume in the second quarter likely grew 1% to nearly 4.
"The CDK cyber attack has thrown a monkey wrench into sales during the second half of June, affecting what is arguably one of the most lucrative and busiest times of the month and quarter for dealerships," said Jessica Caldwell, head of insights at Edmunds. The CDK outage was the latest hiccup for automakers in the United States, as more than 15,000 retail locations were relying on the retail technology provider for their dealer management system.) , which flagged an impact to dealers from the CDK outage, posted a nearly 2% rise in second-quarter U.S. sales, compared with a 14% jump last year.
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