Automotive

Data breach at credit check giant 700Credit affects at least 5.6 million

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At least 5.6 million people had their names, addresses, dates of birth, and Social Security numbers stolen in a data breach at 700Credit, a company that runs credit checks and identity verification services for auto dealerships across the United States. In a statement on its website, the Michigan-based 700Credit blamed the October data breach on […]

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Hyundai is working with a startup on plant-based leather that smells like the real thing

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Confession time: My household owns two cars, one with leather and one with “leather.” The former feels amazing, the latter … well, let’s just say it’s not fooling anyone. Based on the samples currently sitting on my desk, leather alternatives don’t have to feel so artificial or be so harsh on the environment.  Most fake

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Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt

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Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. The round was led by Development Partners International’s Nclude Fund and included follow-on investments from Algebra Ventures and Nclude. The company, which operates in Egypt’s fast-growing but under-digitized vehicle market, said the latest

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Car dealership outages drag on after CDK cyberattacks

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Software maker CDK says it will take “several days” to bring its systems back online following back-to-back cyberattacks, as car dealerships and auto shops around the U.S. reliant on the company’s software enter a second week of disruption. In a statement, CDK spokesperson Lisa Finney confirmed that the company has “begun the restoration process” of

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US car dealerships face ongoing outage after CDK cyberattacks

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Auto retailers and car dealerships across the U.S. are facing another day of outages after a second cyberattack hit tech company CDK Global, which develops software used for managing auto customers and their vehicles. In a message from CDK sent to customers Thursday, the company said the additional cyberattack late Wednesday may result in extended

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