8min chapter

Bloomberg Intelligence cover image

CDK Hack, Apple EU Warning

Bloomberg Intelligence

CHAPTER

Impacts of Cyberattack on Car Dealership & Global Automotive Market Trends

The chapter explores the repercussions of a cyberattack on a car dealership system in New Jersey, causing disruptions in sales and services. It also delves into the effects of tariffs between China and Europe on German luxury automakers and the significance of the Chinese market for companies like Stellantis. Additionally, the shift from traditional internal combustion engine vehicles to electric vehicles in the automotive industry and the role of hybrid vehicles as a transitional solution are highlighted.

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