Group 1 Automotive U.S. ops disrupted by CDK cyber incident; restoration timeline unclear

GROUP 1 AUTOMOTIVE INC

Third-party CDK Global suffered cybersecurity incident on June 19, 2024, causing service outage across Group 1's 202 U.S. dealerships.
Group 1 isolated its systems from CDK and is using alternative processes; U.K. dealerships unaffected.
CDK anticipates dealer management system restoration in days, not weeks; other applications timeline unknown.
Material impact of the outage cannot yet be determined; Group 1 is monitoring and will take further action if needed.

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