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Car Dealer Chaos Arises From Cyberattack on $1.2T Market

Car dealer chaos continues amid debilitating cyberattacks, which have had a crippling effect on an industry that topped $1.2 trillion in sales last year just in the US. Diana Lee, CEO of marketing technology and data intelligence company Constellation – and who has three decades of experience in the automotive industry – joins Ed Ludlow…

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Car dealer chaos continues amid debilitating cyberattacks, which have had a crippling effect on an industry that topped $1.2 trillion in sales last year just in the US. Diana Lee, CEO of marketing technology and data intelligence company Constellation – and who has three decades of experience in the automotive industry – joins Ed Ludlow to discuss on “Bloomberg Technology.”
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10 Comments

10 Comments

  1. @rezam8845

    June 21, 2024 at 4:00 pm

    show me a person who had a terrific experience at their dealership, no one

  2. @ammonioussaccas

    June 21, 2024 at 4:19 pm

    So she’s worried about capitalism working the way it’s supposed to work. If dealerships are artificially inflating price through lobbying efforts, they can go. The market calls for it.

  3. @yeshua_n13-8aij8

    June 21, 2024 at 4:34 pm

    So people lives that were lost because of covid including mental health is compared to corporate money loss. 🤣🤣🤣🤣🤣🤣🤣 Unless she talking about the VP’s jumping out the window because of stock loss. 🤣🤣🤣🤣🤣🤣

  4. @fxmographie

    June 21, 2024 at 6:14 pm

    You have spend hours at a dealership to get a fair deal while at the same time knowing that someone else could just walk in and get a even better deal. Give me the Tesla model every day over making a deal with the devils at car dealerships.

  5. @CHRISTO_1001

    June 21, 2024 at 10:41 pm

    💛🤑🔑🕯️⭐️🏏🏏🏏

  6. @FreyGuy003

    June 22, 2024 at 12:35 am

    She’s a stealership shill. Direct to consumer Tesla sales model is the future

  7. @KapitalistRR

    June 22, 2024 at 3:00 am

    Hello from Germany, the VW AG, DMS System is also down.

  8. @JG-mp5nb

    June 22, 2024 at 9:48 am

    So, the Stealerships are crying cuz THEY’VE been ripped off? Should’ve bought the Extended Cyber Attack Under Coating Warranty!
    Screw the stealerships, sales should be on Amazon.

  9. @jaycalvarez7061

    June 22, 2024 at 1:33 pm

    😂😂😂😂 shes been in automotive that long and has never seen this lol funny because this happened again back in 2019 maybe she trippn because that was huge back then to and again affected thousands of dealers 😂😂😂 probably works somewhere in automotive that doesnt deal with CDK 😂 JUST ACTING LIKE SHE KNOWS 😂😂😂

  10. @AnalFarmer

    June 22, 2024 at 6:13 pm

    Tesla way is so much better

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Bloomberg’s Ed Ludlow brings full EV coverage as Rivian and VW forge a $5 billion partnership. Plus, the Supreme Court clears the way for the White House to seek the removal of misinformation posts on social media, and Caroline Hyde sits down with financial industry heavyweights at the Bloomberg Invest summit.

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Strike CEO Jack Mallers joins Ed Ludlow to discuss crypto market trends and the company’s decision to launch its global Bitcoin app in the UK. He speaks on “Bloomberg Technology.”
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Rivian shares surged in its biggest intraday rise since November 2021 on Wednesday after Volkswagen said it plans to establish a joint venture and invest up to $5 billion until 2026 in the electric-car maker. Cox Automotive Director of Industry Insights Stephanie Valdez Streaty joins Ed Ludlow to discuss on “Bloomberg Technology.”
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