CDK slowly begins restoring services, analysts react to Rivian + VW deal, EV battery costs

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— CDG

1. CDK Global testing DMS restoration for a small group of dealers

There appears to be a light at the end of the tunnel for the CDK Global dealership management systems (DMS) outages that have hampered business operations for around 15,000 dealerships across the country.

Yet, as many have pointed out, full, uninterrupted restoration is not as easy as flipping a switch … Read more

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2. Digging deeper into the joint venture between Rivian and Volkswagen

Volkswagen’s multi-billion dollar investment into Rivian may prove to be a watershed moment for the EV startup, not only for equipping the company with some much-needed cash but also for legitimizing its presence as a serious contender in the EV market.

Rivian and Volkswagen went to great lengths to keep this deal a secret, apparently using camouflaged Audis to test the EV startup’s technology without letting others catch on … Read more

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3. EV battery replacements: How often and how much?

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• China tariffs delay Volvo EX30 crossover's U.S. debut by more than a year.

• Ford finds a new home to develop affordable electric vehicles.

• Cox Automotive has released its updated 2024 sales forecasts.

• South Korea halts battery maker's operations as it probes deadly blaze.

• Volkswagen is recalling 307,000 vehicles over airbag sensor wiring.

Thanks for reading everyone.

— CDG