'CDK says 'substantially all dealer connections are live' as DMS reboot moves ahead of schedule' - Automotive News
Portfolio Pulse from Benzinga Newsdesk
CDK Global announced that they are ahead of schedule in rebooting their Dealer Management System (DMS), with substantially all dealer connections now live. This progress is significant for the automotive retail industry.
July 02, 2024 | 5:11 pm
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POSITIVE IMPACT
CDK Global has successfully rebooted their Dealer Management System ahead of schedule, with nearly all dealer connections now live. This progress is likely to positively impact their stock price in the short term.
The successful and ahead-of-schedule reboot of the Dealer Management System is a significant operational achievement for CDK Global. This progress is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100