secwatch.observer — SEC 8-K summary
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Issuer:     PENSKE AUTOMOTIVE GROUP, INC. (PAG)
CIK:        0001019849
Form:       8-K
Filed at:   2024-06-21T23:59:59+00:00
Accession:  0001019849-24-000089
Event type: cyber
Sentiment:  negative
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Penske Automotive Group reports CDK cyber incident disrupting Premier Truck Group
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- CDK Global dealer management systems inoperable since June 19 due to cybersecurity incident.
- PAG's Premier Truck Group (48 locations in 11 US states and 2 Canadian provinces) uses CDK and is disrupted.
- PAG took containment steps and investigation is ongoing; PTG operates via manual/alternate processes.
- PAG's automotive dealerships (US and international) do not use CDK and are unaffected.
- PTG sells Freightliner/Western Star trucks; lower unit volumes than automotive segment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1019849/000101984924000089/0001019849-24-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1019849/000101984924000089/pag-20240619.htm
  HTML page:      https://secwatch.observer/filing/0001019849-24-000089

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