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Harsh reality: Nearly half of all dealers (41%) are “not confident at all” in their automakers EV strategy, according to CDK Global. But it’s not due to politics or charging stations… It was concern over not offering the right powertrains to match consumer demand. And while dealers are struggling to sell pure EVs there is good news… Automakers are finally listening – and one of the ways they are listening is by bringing more hybrids into the mix. Check out CDK Global’s full article on current dealer sentiment: https://lnkd.in/g5X73SHT (Data via CDG partner: CDK Global #cdkglobalpartner)

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🚗📰 Catch today's AutoBuzz highlights: Volkswagen invests $5 billion in Rivian, Ally Financial reports a revenue surge, and Americans strongly advocate for control over their vehicle data. Stay updated with the latest auto industry trends! #automotivenews #automotiveindustry

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[NEWS] The California New Car Dealers Association (CNCDA) is making moves against Scout Motors: The issue? The CNCDA argues that because Scout is owned by VW — its plan to sell directly to consumers and cut out dealers — violates state franchise laws. But both VW and Scout insist they operate independently and serve different client bases. As a result – the CNCDA issued a cease-and-desist letter and warned that further legal action is on the table if Scout moves forward with direct sales. But for now — neither side seems ready to back down… It’ll be interesting to see how this high-stakes battle unfolds. Read today’s top automotive stories, presented by Mia Labs, Inc.: https://lnkd.in/e_bp3ntD (Data source: CNCDA)

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The sales impact of the CDK Global DMS hack is starting to take shape… Plus, several car models are saying goodbye in 2024 and 2026, and new questions raised over GM's 1 million EV production target… Today’s top 3 stories in automotive: 1. CDK cyberattack bites — dealers chase estimated $1 billion in lost sales… https://lnkd.in/gTmCwxCt 2. Muscle cars and family haulers are getting the axe in 2024-2025…but why? https://lnkd.in/gAGK-CT7 3. GM is the latest in a series of automakers forced to reset EV goals… https://lnkd.in/gQGzSnUa Read today’s automotive news, brought to you by Bumper: https://lnkd.in/gPvVuFwX

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In a new article for Automotive News, Envorso CEO Scott Tobin offers automakers a tip: don’t pull back on software-defined vehicles amid lagging EV sales. “It is important for the industry to remember that the vast majority of new vehicle software architectures are just as relevant for new and updated ICE and hybrid models as the new EV models.” Read Scott’s full article: https://lnkd.in/g6s-Rj5i #software #automotive #SDV

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ICYMI: Envorso CEO Scott Tobin is cautioning automakers not to abandon software efforts as the industry rolls back EV plans. “ICE engines and hybrids have complex problems that can be solved through software capability, just like EVs do,” Scott said in an interview with Tech Brew. Read the full article: https://hubs.la/Q02YzJNQ0 #software #electricvehicle #automotive

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🚨 **Attention Automotive Industry Professionals!** 🚨 A recent cyber attack on CDK Global has disrupted operations at car dealerships across the U.S. On Wednesday, CDK made the critical decision to shut down most of its systems to safeguard customer data. By the afternoon, key systems like their core document management and digital retailing solutions were back online, but extensive tests are ongoing for other applications. CDK Global supports over 15,000 retail locations across North America, highlighting the vast impact such cyber incidents can have on our industry. This incident is a stark reminder of the critical importance of robust cybersecurity measures. Companies like **KEYLOOP** must take note and reassess their cybersecurity strategies to ensure they are well-prepared to handle potential threats. As we increasingly rely on digital solutions, the security of our systems and data is paramount. Stay vigilant and prioritise your cybersecurity infrastructure to protect your business and customers! #CyberSecurity #AutomotiveIndustry #CDKGlobal #KEYLOOP #DigitalSecurity #DealershipOperations

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In 2023, hybrid vehicle sales rose by 53%, making up 9% of new car sales. EV sales grew by 35% in 2023 but only 7% in Q1 2024. What's driving this trend?

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Auto sector stuck? Time for dealers and automakers to shift into sync. @shallysmohile explores the solution. https://bit.ly/3yAyfIU

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It’s no surprise how having the right process and tooling in place can be game-changing for business. Not having these measures up and running can be detrimental to your company’s bottom line. Believe it or not, many in the automotive industry still rely on pen-and-paper processes 📝 which can pose several problems. As a leader in providing end-to-end, omnichannel retail commerce solutions to partners in the automotive, truck, recreation, and heavy equipment industries, CDK Global connects people with technology. For nearly 25 years, the company relied on handwritten notes the sales team took during the discovery process that were input into Salesforce afterward. Recognizing the need for change, CDK set out to create an industry-specific discovery application that would support the sales team during their discovery process. As a result, this new portal would enable them to onboard new sales team members faster, standardize their discovery process, and reduce missed requirements. 🚀 Discover how CDK Global streamlined its sales discovery process from pen-and-paper to a sales app that field reps can easily use on the go: https://buff.ly/3zeU8xu #digitaltransformation #techinnovation #automotivetech #salesautomation #salesforce

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WARNING TO EVERY AUTOMOTIVE DEALER GROUP in North America. CDK Global news again for all the wrong reasons. Tekion Corp has joined a growing list of competitors, suppliers, and dealers suing and winning lawsuits (settling out of court = win :) against the legacy DMS provider. Why? FEAR, ARROGANCE, UNETHICAL, UNPROFESSIONAL, UNCOMPETITIVE, "SORE LOSER" on the part of CDK Global. Impeding Asbury Automotive Group's transition to Tekion Corp's far superior product was adjudicated in court already. CDK lost. DATA IS THE DEALERS. CDK Global Leadership....tell me I'm wrong. I've been wrong before :) Would love to hear from you. "If Asbury wanted all of its data in the manner it desired, it needed to switch to the status of a customer in Transition Assistance to another DMS, CDK said. This meant forgoing perks such as flat pricing under its current arrangement, it said". NOTE....YOU LOST THAT COURT CASE. ABSURD....."Customer in Transition Assistance?", "Perks?" from a company providing substandard product, unreasonable charges, poor customer service, and more for decades. WE KNOW from direct experience. Tekion Corp CEO/Founder Jay Vijayan - “They’ve been doing this on an ongoing basis, which forced us to stand up to them for anticompetitive practices,” Vijayan said. “Not just for us but for our dealers as well. It is dealers’ data, but [CDK has] been holding it hostage.” Other dealer groups involved with CDK's blockage of data transfer includes Doral Automotive Group, Regal Automotive, Lou Bachrodt Auto Mall, as well as over a dozen California-based dealerships that currently use CDK DMS with plans to go live in 2025. Penske Automotive Group, AutoNation, Lithia & Driveway, Group 1 Automotive, Sonic, Dragoneer Investment Group, General Motors, Hyundai Motor Company (현대자동차), BMW i Ventures, Serra Automotive PLEASE NOTE: We are currently soliciting for OEM, DEALER GROUP, SUPPLIER, SaaS contracts/other projects. Feel free to reach out to me directly. 416.993.9356 [email protected] #automotive #automotiveindustry #innovation #brand #technology #leadership #disruptor #retail #oem #ai #artificialintelligence #customerexperience #DMS

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ATTENTION ALL CANADIAN DEAELER GROUPS....By now you may have heard about the lawsuit filed by Tekion Corp against CDK Global. CDK's illegal/unethical activities are catching up with the company. We are all aware of the multitude of lawsuits already in process or adjudicated. Asbury Automotive Group, suppliers class action, a duopoly (both settled out of court = lost) and others. We urge every dealer group in Canada to explore why Tekion is the only choice for a DMS partner. Leading technology, security, excellent dealer service, value, no-charge APIs, and much more. Consider this....After working with literally 100’s of dealerships and most of the major groups in Canada, I have NEVER heard of a single group/dealership that loves working with CDK Global. Ok is the best feedback received after decades. Pfaff Automotive Partners, AutoCanada, Go Auto, Dilawri Group of Companies, OpenRoad Group, Zanchin Auto Group, CanadaOne Auto, Wyant Group, AutoIQ Dealership Group, Birchwood Automotive Group, Leggat Auto Group, Groupe Gabriel, Steele Auto Group, O'Regan's Automotive Group, WEINS Auto Group, The Humberview Group, Rafih Auto Group, Policaro Group, Performance Auto Group, Groupe Lauzon, The Jim Pattison Auto Group, HGregoire, FFUN Group, Budds’ Group Of Companies, Alpha Auto Group #automotive #automotiveindustry #innovation #brand #technology #leadership #disruptor #retail #oem #ai #artificialintelligence #customerexperience #DMS

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