HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--CDK Global Inc., a leading automotive retail software provider, yesterday unveiled “Data – Your Way” at its second annual CDK CONNECT, an event that brings the industry together and showcases how CDK connects dealers, manufacturers, software developers and consumers. The new initiative will provide dealers the tools to securely import and export data from CDK software at no charge and empower them to work directly with their choice of independent software vendors for a growing number of specialized solutions available in the market.

In a keynote address, Brian MacDonald, chief executive officer, and Mahesh Shah, chief product and technology officer, discussed the waves of changes impacting the industry and described the ways CDK continues to partner with dealers to help them remain the dominant channel for vehicle sales, and deliver simple and convenient experiences for consumers.

“We believe in the importance of the connection dealers bring to the automotive industry, and CDK is on the forefront of helping them operate their businesses,” said MacDonald. “The introduction of ?Data – Your Way’ ushers in a new era by giving dealers the tools to access data securely and the choice of which software vendors to share it with. This is a paradigm shift in how we do business with our customers and a significant step forward for both dealers and automotive retail.”

While CDK has a host of data access tools available and used by thousands of dealers every day, CDK is investing to bring additional enhancements to their usability, scalability and security, while eliminating license fees associated with their use starting in March 2023.

As part of this initiative, CDK will transition away from the CDK Partner Program and begin giving dealers and vendors the option to work directly with one another or take advantage of CDK’s innovative managed services programs.

CDK Sales Express

At CDK CONNECT, CDK also previewed CDK Sales Express, the automotive industry’s first solution to streamline the in-store sales process—which could take as long as four hours—to as little as 30 minutes by bringing together all data, tasks and users into a unified experience for consumers and the dealership.

A recent study done by CDK shows that while most dealers report having a digital retailing solution to simplify the online buying experience (85%), they still see process bottlenecks once the deal enters their physical dealership. It also shows 86% of dealers are focused on improving the car-buying experience but have friction points in the process that make it difficult to improve, including low inventory, duplicate leads, rekeying information and systems integration.

CDK Sales Express will be available to dealers in early 2023.

CDK CONNECT On-Demand

For more information about CDK CONNECT, including access to on-demand recordings of the keynote and breakout sessions, visit CDKGlobal.com/CDKCONNECT.

About CDK Global Inc.

CDK Global is the preferred enabler of automotive commerce, delivering a comprehensive, modern dealer management software platform and suite of solutions designed to help automotive dealers and manufacturers run their businesses successfully and create great experiences for consumers. The company serves over 15,000 retail automotive locations in North America and is a subsidiary of Brookfield Business Partners, the flagship listed vehicle of Brookfield Asset Management’s Private Equity Group. Brookfield Partners owns and operates high-quality businesses like CDK that provide essential products and services and which benefit from a strong competitive position.

Contacts

Lisa Finney
248-345-4842
Lisa.Finney@cdk.com