CDK cyberattack could have a big impact on June sales in Canada, U.S.

The cyberattacks on CDK Global and the resulting turmoil at dealerships around the United States and Canada could reduce June new-vehicle sales in both countries. J.D. Power and GlobalData estimate that U.S. light-vehicle sales for the month will fall by 2.6 to 7.2 per cent from a year earlier, for volume of 1.27 million to 1.33 million. They originally had expected sales of 1.41 million before the ransomware event that began June 19 created a"significant" disruption.

While J.D. Power and GlobalData said a range of outcomes are possible because of uncertainty about how soon the problem will be resolved, they noted that any effect on deliveries could be made up quickly in July. CDK said it didn't expect a resolution before June 30.

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