Asbury Automotive reports cyber-attack on vendor CDK Global disrupting operations

ASBURY AUTOMOTIVE GROUP INC

Learned June 19, 2024, that CDK Global experienced cyber-attack impacting sales, service, inventory, CRM, and accounting functions.
Company took immediate steps to protect systems; operations remain operational but may function slower.
Koons Automotive locations (MD, VA) and Clicklane online platform not affected as they don't use CDK systems.
Business operations adversely impacted and likely to continue until systems fully restored; full scope and data access unknown.
Company has not yet determined if incident will have material impact on financial condition or results.

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