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.

A group of hackers claiming responsibility for a cyberattack on CDK's software systems has demanded millions of dollars in ransom to put an end to the hack, which affected auto dealers across the ...

Following two cyberattacks June 19, software and dealership management system provider CDK Global shut down its services indefinitely, impacting thousands of dealerships across the U.S. and Canada.

The CDK Global cyberattack is expected to cut auto dealerships' vehicle sales in June down by about 100,000, or more than 7%, compared with the same period in 2023. The projected decrease is not ...

Add Yahoo as a preferred source to see more of our stories on Google. CDK Global, a major car dealership software company utilized by thousands of dealers nationwide, is picking up the pieces after a ...

(Reuters) -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, ...

CDK Global said Wednesday that it has been able to bring a “small initial test group” of car dealerships back online, a week after a crippling software outage left thousands of car sellers across ...

Auto retailers are likely to be without software services used to run dealerships for several more days following a second major cyberattack at CDK Global, whose systems first went down on June 19.

CDK Global Inc. plans to sell its international business to private equity firm Francisco Partners in a deal valued at $1.45 billion. The Hoffman Estates, Ill., dealership management system giant said ...

Creditors to the company have broken into factions as the software provider struggles with its $5.5bn debt load ...