BLACK BOOK VALUATION DATA AND INSIGHTS NOW INTEGRATED WITH CDK GLOBAL LIGHTSPEED EVO DMS PLATFORM

Precise Vehicle Values Can Greatly Increase Profitability for Dealers Using DMS Solutions

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, today announced that its valuation data and specialty vehicle insights are integrated with the Lightspeed EVO CRM and DMS solution of CDK Global (Nasdaq: CDK), a leading provider of integrated technology solutions to auto, truck, motorcycle, marine, recreational, and heavy equipment dealers around the world.

Lightspeed EVO is an intuitive, integrated dealer management solution, built to help industry professionals find and keep customers, streamline operations, and grow profitability. Lightspeed EVO helps dealers with critical business functions such as sales and F&I, accounting, service and parts operations. By integrating with Black Book’s timely, independent and precise valuation data, CDK dealer customers will realize stronger profit potential with a more precise valuation process during trade-ins for motorcycles and powersports vehicles.

“We are excited to partner with Black Book to offer  enhanced valuation data through our Lightspeed EVO platform,” said Kris Denos, vice president and regional manager, Recreation & Heavy Equipment, CDK Global. “In addition to being a highly effective resource with the industry’s most precise valuations, with Black Book our dealer customers will accelerate profit potential and grow strong relationships with customers through a less adversarial environment during the trade-in process.”

“A best-in-class powersports dealer management solution that combines technology such as Lightspeed EVO and the most precise vehicle values and insights from Black Book will foster a more productive dialogue for dealers and their customers,” said Jared Kalfus, executive vice president, Revenue, Black Book. “This combination will create a truly win-win scenario for both customers and powersports dealers leading to a higher level of trust, which ultimately will drive even more value for the Lightspeed EVO platform.”

About CDK Global

With more than $2 billion in revenues, CDK Global (Nasdaq:CDK) is a leading global provider of integrated information technology and digital marketing solutions to the automotive retail and adjacent industries. Focused on enabling end-to-end automotive commerce, CDK Global provides solutions to dealers in more than 100 countries around the world, serving approximately 30,000 retail locations and most automotive manufacturers. CDK solutions automate and integrate all parts of the dealership and buying process from targeted digital advertising and marketing campaigns to the sale, financing, insuring, parts supply, repair and maintenance of vehicles. Visit cdkglobal.com.



About Black Book

Black Book® is best known in the automotive industry for providing timely, independent and precise vehicle pricing information, and is available to industry-qualified users through online subscription products, mobile applications and licensing agreements. Since 1955 Black Book has continuously evolved to ensure that it achieves its goal of delivering mission-critical information to its customers, along with the insight necessary to successfully buy, sell, and lend. Black Book data is published daily by National Auto Research, a division of Hearst, and the company maintains offices in Georgia, Florida, and Maryland as well as the Canadian Black Book in Toronto. For more information, please visit BlackBook.com or call 800.554.1026.

Views: 20

Comment

You need to be a member of DealerELITE.net to add comments!

Join DealerELITE.net

Latest Activity

Cory Mosley posted a video

Online Sales Success Workshop - Tim Cox of CarNow

The super smart and hilarious Tim Cox joined me for a quick video chat about the state of the digital car business and some of the things he will be covering...
17 hours ago
Mike Esposito posted a blog post

Auto/Mate Integrates DMS with MacroFile Electronic Document Management System

Albany, N.Y. – May 22, 2019 – Auto/Mate Dealership Systems announced today it has successfully…See More
17 hours ago
Timmy D. James posted a blog post
17 hours ago
Mike theCarGuy Correra posted a video

The Importance of Doing Social Media the Right Way

DealerBuilt Account Manager Mike Correra explains why dealers should focus on the right things on social media for their presence to be effective.
18 hours ago
Damian Boudreaux posted a blog post

Value Your Company

We want you to be profitable and proud of what you do. We want you to have all the success that you…See More
yesterday
Black Book posted a blog post

Stable Market Except for Luxury Vehicles

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car…See More
yesterday
Cory Mosley posted videos
yesterday
Walter McNulty posted a status
"If you are in need of any of our services please contact me today! www.pdsforyou.com"
yesterday
John Sternal posted blog posts
yesterday
Erik S. Nachbahr posted a blog post

Helion Technologies Becomes a CIS SecureSuite Member

Timonium, MD –­ May 21, 2019 –­ Helion Technologies today announced it has become a CIS…See More
yesterday
Simon Hopes posted a blog post

3 Tips to Sell Luxury Cars on the Internet

Luxury cars is a consumer good present on the wish list of much of the population, currently the…See More
Tuesday
Walter McNulty posted a status
"Booking Staffed Events for June and July set your dates today. Call 443-521-6384"
Monday
Crystal Hartwell posted a blog post

Rplate, World’s First Digital License Plate and Winner of Best New Product Award, Featured at CONNECTIONS Conference May 21 - 23

Reviver demonstrates its award winning Rplate at Connected Car Corner, by InstallerNet, in San…See More
Monday
Bill Wittenmyer posted a video

Witt's Wise Words: There Are No Subs In Life

Bill Wittenmyer explains why life isn't a professional sport in which we can make substitutions in this episode of Witt's Wise Words.
Monday
Walter McNulty posted a status
"If you are looking for a Huge June call today to team up with Preferred Dealer Solutions"
Monday
Walter McNulty posted videos
Monday
Dave Anderson's blog post was featured

Be the Coach Your People Deserve

Ken Blanchard called feedback the “breakfast of champions,” and rightfully so, because we all need…See More
Sunday
Terrel Watkins posted a blog post
Friday
Dave Anderson posted a blog post

Be the Coach Your People Deserve

Ken Blanchard called feedback the “breakfast of champions,” and rightfully so, because we all need…See More
Friday
Scot Eisenfelder posted a video

Conquesting Through Service

Scot Eisenfelder shares why conquesting through service is the key to future profitability.
Friday

Get Newsletter

© 2019   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service