Dealership groups impacted by outages, consumer data privacy, lobbyists fight braking law

Hey everyone. Last night’s panel on the CDK outage was incredible. Thanks so much to everyone who dropped in to share their advice, insights, and words of encouragement. If you missed the live stream and want to catch up check it out here.

— CDG

1. Major dealership groups disrupted by June cyberattacks

Lingering effects from recent cyberattacks targeting the retail automotive sector have already started to emerge, with multiple dealership groups reporting varying degrees of impact.

Why this matters: With better access to key resources than independent storefronts or smaller groups, major dealership conglomerates are more insulated from the long-term effects of disruption. However, with many details remaining unclear in the aftermath of this month’s attacks, gaining insight into how these companies have been affected can tell us more about what other dealers should anticipate … Read More

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2. Consumer data privacy concerns mount for connected cars

The data harvested from connected vehicles (essentially a car hooked up to the internet) aims to boost performance and deliver tailored services. Yet, this convenience comes with a host of privacy issues.

A recent survey of 1,300 people, found that 96% percent of consumers believe they should own and control any data their cars generate. Furthermore, 78% feel uneasy about automakers collecting driver data at all … Read More

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3. Automaker lobby group fights emergency braking rule

A lobby group representing major automakers across the U.S. has asked the National Highway Traffic Safety Administration (NHTSA) to re-evaluate a rule passed earlier this year requiring all vehicles to come equipped with automatic emergency braking systems starting in 2029.

The law: In keeping with a directive issued by Congress in the 2021 infrastructure law, the NHTSA implemented a new requirement in April that would force automakers to adopt automatic emergency braking in all new cars and trucks by 2029 … Read More

• Ford recalls over half a million pickups due to powertrain control module issue.

• Stellantis threatens to cut U.K. production over low EV demand, lack of government support.

• Rivian hopes to turn profit after cutting costs in first half of 2024.

• New vehicle inventory continues growth in May, incentives make rapid comeback.

• Connected cars become more widespread thanks to fuel prices, smart city initiatives.

Thanks for reading everyone.

— CDG