Your #1 source for auto industry news and content

spot_img

How CDK CarSource is transforming wholesale profitability for car dealers – Fred Fordin | CDK Global

CDK Global recently launched CDK CarSource, an online wholesale marketplace that connects car dealers to used vehicle inventories across the country. Today on Inside Automotive, we’re pleased to welcome back Fred Fordin, Vice President of DMS for CDK Global, to learn more about CDK CarSource and the solution it provides dealers today.

Two years ago, when COVID-19 hit U.S. shores, CDK Global began examining the wholesale space. With low new vehicle inventory, CDK wanted to create a platform that would help car dealers and provide extended value post-pandemic. CDK CarSource empowers its network of over 10,000 DMS dealers, to build their used car departments into potent profit centers.

There are a number of resources out there that car dealers use to wholesale their inventories. Supply chain challenges forced car dealers to focus on wholesale out of necessity. CDK Global aims to turn this necessity into better opportunities for their dealer partners. How? By offering these three features:

  1. Inventory becomes available online the moment a deal transacts
  2. Lower the cost to transact deals for these vehicles
  3. Automate data entry for your DMS

“When you put those three things together,” says Fordin. “There’s no reason a dealer should not be transacting their wholesale vehicles on CDK CarSource.”

For more information, visit CDKGlobal.com and stop by the CDK Global booth #2901W at the upcoming 2022 NADA Show.


Did you enjoy this interview with Fred Fordin? Please share your thoughts, comments, or questions regarding this topic by submitting a letter to the editor here, or connect with us at newsroom@cbtnews.com.

Be sure to follow us on Facebook and Twitter to stay up to date or catch up on all of our podcasts on demand.

While you’re here, don’t forget to subscribe to our email newsletter for all the latest auto industry news from CBT News.

dealers

spot_img
CBT News
CBT News
For over 11 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

Related Articles

Manufacturers In This Article

More Manufacturer News

spot_img

Latest Articles

From our Publishing Partners