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Roadster, the Palo Alto-based digital platform that gives dealers tools to sell new and used vehicles online has been acquired for $360 million by retail automotive technology company CDK Global Inc., according to a Securities and Exchange Commission filing. As part of the all-cash deal, Roadster is now a wholly owned subsidiary. Roadster’s business model […]
Automotive Tech Leader CDK Global Acquires Digital Retail Platform Roadster Digital Sales Platform Integration to Equip Dealers with Amazon-like Experience for New and Used Vehicles June 02, 2021 15:14 ET | Source: CDK Global, Inc. CDK Global, Inc. Hoffman Estates, Illinois, UNITED STATES HOFFMAN ESTATES, Ill., June 02, 2021 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today completed the acquisition of Palo Alto, Calif.-based Roadster, Inc. (“Roadster”), a digital sales platform that mode...
Digital Sales Platform Integration to Equip Dealers with Amazon-like Experience for New and Used Vehicles...
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