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What your dealership can learn from the CDK outage
July 1, 2024
As cybersecurity professionals commonly point out, the only time most companies care about cybersecurity is after an attack. Lucky for us, the CDK outage can be a wake up call for us all.
Penske Net Income Down 28%, despite sales increase
May 31, 2024
Last month we covered how CarMax reported a 25% decrease in net income, despite an increase in sales. Penske Automotive reported near identical results in their latest earnings – 28% decrease in net income despite a 1% increase in sales.
CarMax sales are up, but net income down 25%… how?
May 1, 2024
The data shows dealerships across the country will face similar struggles
