CDK Archives

Revolutionizing Dealerships: The Pervasive Impact of AI on Sales, Service, and F&I Operations

The 2023 CDK Global survey (found here) delves into the innovative implementation and vast potential of Artificial Intelligence (AI) across automotive dealerships in North America. The study indicates that AI’s substantial impact on the industry is undeniable, with 76% of...

August 2, 2023

Brookfield to Acquire CDK Global in $8.3B deal

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Brookfield to Acquire CDK Global in $8.3B deal

BROOKFIELD NEWS, April 07, 2022 – Brookfield Business Partners (NYSE: BBUC, BBU; TSX: BBUC, BBU.UN), together with institutional partners (collectively “Brookfield”) today announced an agreement to acquire CDK Global Inc. (NASDAQ: CDK) (“CDK Global” or the “Company”) for $54.87 per...

April 7, 2022

Why car dealers are investing in AI technology for business growth – Peter Kahn | CDK Global

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Why car dealers are investing in AI technology for business growth – Peter Kahn | CDK Global

Source: CBT News – Artificial Intelligence, or AI, is changing the way many in the industry navigate retail automotive, and dealers are seeing the benefits. According to a recently released study from CDK Global, approximately 68% of dealerships believe the adoption of artificial...

January 13, 2022

DecisioningIT Joins CDK Global Partner Program

Automated Decisioning Automotive Finance Digital Retailing F&I Latest News Prequalification

DecisioningIT Joins CDK Global Partner Program

Montreal, Qc – December 6, 2021 – DecisioningIT, the corporation behind the Lucy F&I Platform announced today that it has become a participant in the CDK Global Partner Program. As a member of one of the largest third-party partner programs...

December 6, 2021

CDK adds insurtech platform with latest acquisition

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CDK adds insurtech platform with latest acquisition

The latest acquisition by CDK Global will give dealers an avenue to digitize another piece of the car-buying process: lining up car insurance for the consumer. CDK said Thursday has signed a deal to purchase insurtech company Salty Dot, Inc.,...

September 25, 2021

Future Of Automotive Dealer Management System Market (CDK, Reynolds, Dealertrack, etc)

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Future Of Automotive Dealer Management System Market (CDK, Reynolds, Dealertrack, etc)

The newly added research report by DataIntelo on the Global Automotive Dealer Management System Market is a detailed guide to understand several factors that play a vital role in growth progression. The report is fabricated in such a way that fosters the...

May 30, 2021