Creditors to the company have broken into factions as the software provider struggles with its $5.5 billion debt load.
Management and some creditors of CDK Global are in discussions to cut the software firm’s interest costs through a below-par debt exchange, according to people familiar with the situation.
After a cyberattack at CDK Global led to the shutdown of computer systems at auto dealers nationwide, the company said it has begun work to restore systems. CDK, which provides software to car ...
Software maker CDK says it will take “several days” to bring its systems back online following back-to-back cyberattacks, as car dealerships and auto shops around the U.S. reliant on the company’s ...
Retail technology and software provider CDK Global has begun work to restore systems used by over 15,000 retail locations across North America, the company said in a statement on Sunday, adding that ...
New York (CNN) — Retail software provider CDK Global says it will likely take several days for its software to be back online and operational, as the company grapples with a system outage that has ...
AutoNation disclosed Monday its bottom line for the second quarter will show a negative impact from CDK Global’s recent widespread software outage. The vehicle retailer forecasted that the June outage ...
June 25 (Reuters) - CDK Global does not expect the cyber attack-led ongoing outage in its dealer management software, used by dealers across the United States, to be restored before the end of the ...
Last month, multiple car dealerships and auto repair shops filed federal lawsuits against CDK Global LLC, a technology company providing software to the automotive, heavy truck, recreation, and heavy ...
CDK Global has launched CDK Dealership Xperience, a megaplatform that it says will incorporate multiple dealership workflows, boost customer service capacity and eliminate the need for extra software ...
Creditors to the company have broken into factions as the software provider struggles with its $5.5bn debt load ...