Asbury Automotive Group (ABG) Wins Preliminary Injunction Against CDK Global LLC
Get Alerts ABG Hot Sheet
Join SI Premium – FREE
Asbury Automotive Group (NYSE: ABG) (“Asbury”) one of the largest automotive retail and service companies in the United States, announced today the entry of a court order directing CDK Global LLC (“CDK”) to provide data for four Asbury dealerships to Tekion Corp. (“Tekion”) as part of a pilot program initiated by Asbury at the dealerships. The court’s order followed the filing of a lawsuit by Asbury in the Superior Court of Gwinnett County, Georgia. Prior to the entry of the order, CDK had refused to transfer the dealerships’ data to Tekion, which competes with CDK in providing Dealership Management System (“DMS”) services to automotive dealerships. DMS services are used by automotive dealerships to manage their day-to-day business activities.
“We are pleased we can proceed with this pilot program despite the roadblocks raised by CDK,” said Barry Cohen, Vice President and Chief Information Officer at Asbury. “Our guests and team members are well served when we are free to test business products that make the car-buying and servicing experience better.”
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Wells Fargo Starts X4 Pharmaceuticals (XFOR) at Overweight
- Polaris Industries (PII) PT Raised to $65 at Wells Fargo
- Citi downgrades Ryder Systems to neutral, raises price target
Create E-mail Alert Related Categories
Corporate News, LitigationRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share