CDK Cyberattack Outage Impact: Potential 7.2% Decrease in Auto Sales for June

Friday, 28 June 2024, 18:51

Experts predict that the recent CDK cyberattack outage may result in a significant decrease in auto sales for June, potentially leading to 100,000 fewer cars sold. The disruption is expected to slow down sales by 7.2%, causing a shift in demand towards July. This unexpected event highlights the vulnerability of the automotive industry to cyber threats and emphasizes the importance of cybersecurity measures in ensuring continuous operations and sales.
CBS News
CDK Cyberattack Outage Impact: Potential 7.2% Decrease in Auto Sales for June

CDK Cyberattack Impact on Auto Sales

Experts predict that the recent CDK cyberattack may lead to a potential 7.2% decrease in auto sales for June, translating to around 100,000 fewer cars sold.

Shift in Demand

The disruption caused by the cyberattack is expected to slow down sales in June, pushing demand into the following month, particularly July.

  • Significant Impact: 7.2% decrease in sales projected
  • Cybersecurity Concerns: Highlights the importance of robust cybersecurity measures in the automotive sector
  • Vulnerability Exposed: Industry's susceptibility to cyber threats emphasized

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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