Auto Dealers Look to Increase Security Measures Amid Rising Cyber-Threats
CDK Global inaugural Dealership Cybersecurity Report detects gaps in data protection plans.
CDK Global inaugural Dealership Cybersecurity Report detects gaps in data protection plans.
CDK Global has entered into a definitive agreement with Auto/Mate to acquire the technology company, which provides a suite of DMS products and solutions to more than 1,000 new-car dealerships. The transaction is expected to close later this summer.
The new F&I menu system will be marketed and sold as CDK MenuVantage Platinum. It uses "prescriptive selling," a patented technology that uses inputs from consumer, vehicle, deal and third-party sources, to tailor F&I product presentations to individual car buyers.
A CDK Global survey found that a large percentage of car shoppers want dealer websites to offer more of the car-buying experience online. Information from the survey also found that the majority of respondents felt more comfortable starting the car-buying process on a dealer's website as opposed to a third-party site.
CDK Global’s Audience Management solution offers a personalized online shopping experience for each car buyer by tracking their behavior on and off dealership sites.
CDK Global Inc., the new ADP Dealer Services company, began trading as a member of the S&P MidCap 400 Index yesterday.
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