Car Dealership Losses From CDK Software Outage Could Soon Reach $1 Billion, Study Finds

Car Dealership Losses From CDK Software Outage Could Soon Reach $1 Billion, Study Finds
Jeep vehicles are delivered to a dealership in Chicago, Ill., on June 20, 2024. Scott Olson/Getty Images
Jen Krausz
Updated:
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A new study from the Anderson Economic Group (AEG) estimated that North American losses from the CDK Global software outage could reach $1 billion if the company can’t get the 15,000 affected new-car dealerships back online by the end of the week.

CDK provides software to facilitate new-car purchases, including finance and insurance, dealer management, customer relationship management, and digital retail.

Jen Krausz
Jen Krausz
Freelance News Writer
Jen Krausz is a freelance news writer for NTD. She has been writing for the last decade for Newmax and other outlets. When not writing, she enjoys traveling, reading, spending time with her family, and gardening.
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