Car dealership losses from CDK software outage could reach $1 billion, study finds

Ryan Payne, President of Payne Capital Management, appeared on “Mornings with Maria” to explain the latest data on the auto industry. Direct losses for car dealerships affected in recent weeks by an outage at major software provider CDK Global could total $1 billion if the issue is not resolved soon, new data shows. Michigan-based Anderson […]
California dealership clerical error leads to driver’s arrest

A clerical error at a car dealership led to a horrific mix-up that led California police to arrest an innocent man at gunpoint. Dashcam footage provided shows the driver, Jamie Rogers, on the side of the highway with his hands up just before a cadre of officers armed with rifles and pistols approaches. fox 11 […]
Chicago-area teens break into Wisconsin car dealership, steal 9 cars valued at $583,000

Masked teens reportedly broke into a luxury Range Rover dealership in Wisconsin last week and fled with nine new cars worth more than $500,000. fox news digital. Those involved are believed to be members of an organized crime syndicate in the Chicago area. Local surveillance footage captured nine masked suspects successfully breaking into a Jaguar […]
Teens bust into Wisconsin luxury dealership, steal 9 cars worth over $500,000, police say

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John Paulson to face fraud claim over $17M luxury dealership investment

A Puerto Rican judge has rejected billionaire John Paulson’s bid to dismiss a fraud lawsuit brought by his former business partner over a $17 million investment in a luxury car dealership. U.S. District Judge Camille L. Velez Rib in San Juan, Puerto Rico, on Monday allowed Fahad Ghaffar to proceed with his securities fraud and […]
Stray dogs who caused 350k in damage to cars at a Houston dealership are in custody — and one can even be adopted

Two stray dogs that caused more than $350,000 in damage to a car at a Houston dealership are now in custody, and one is available for adoption, authorities said. Late last year, surveillance camera video captured the vicious dogs in action. Eye-popping footage shows them charging across the G Motors lot in Harris County, Texas, […]