August 9, 2017 — After seemingly being dominated in the early stages in the antitrust lawsuit filed by Authenticom in May, Reynolds and Reynolds and CDK Global have clawed back to what can be described as a tie. The Seventh District Court of Appeals yesterday granted the two technology firms a stay of the preliminary…
August 7, 2017 — UPDATE BELOW — Sources confirm Lithia Motors is nearing completion of its pending acquisition of the Downtown LA Auto Group from the Shammas Group, its second large acquisition this year. The deal is likely to close as early as this week. In May, Lithia acquired six of the Baierl Group dealerships in… Continue Reading
August 1, 2017 — Good news and bad news today on the antitrust front for CDK Global and Reynolds Reynolds. First, in the lawsuit filed by Authenticom, Judge James Peterson of the Wisconsin district court issued a temporary seven-day stay this afternoon of the preliminary injunction he granted Authenticom on Friday to give the appeals…
July 30, 2017 — It is only a preliminary injunction, but the order issued by Judge James Peterson on Friday in the antitrust lawsuit pitting Authenticom against defendants Reynolds and Reynolds and CDK Global appears to have handed the plaintiff a significant victory. Authenticom is calling it a “stunning victory.” The order does grant Authenticom…
June 1, 2017 — AutoNation named Lance Iserman as its new Chief Operating Officer and Executive Vice President of Sales yesterday. Iserman’s appointment is the latest in a series of executive moves by Chairman and CEO Mike Jackson designed to better position AutoNation for the future as it moves forward with new strategic initiatives to extend… Continue Reading
May 24, 2017 — CDK Global is announcing this morning that it is acquiring Auto/Mate Dealership Systems. The move, which will further consolidate the dealer management system (DMS) space, should be completed in late summer once the regulatory process runs its course. Financial terms for the deal have not been disclosed yet. Auto/Mate was started as… Continue Reading
May 23, 2017 — We’re still waiting the official announcement, but sources have confirmed Experian Automotive will announce in the near future that it has acquired String Automotive, a 12 year-old data analytics firm based in Newton, MA. The acquisition cements a relationship that began in 2014 when Experian Automotive’s Auto Market DNA℠ demographic and behavioral information’s… Continue Reading
May 22, 2017 — The court today denied motions filed by CDK Global and Reynolds and Reynolds on Friday afternoon requesting dismissal of Authenticom’s request for a preliminary injunction hearing in the antitrust lawsuit it recently filed. Both defendants cited Authenticom’s nearly two-year delay in filing the lawsuit and request for the preliminary injunction. They also cited… Continue Reading
May 22, 2017 — Coming off its second most profitable year ever, Ford Motor Co. has decided to replace its CEO and President Mark Fields. The announcement is expected this morning, according to numerous media reports breaking Sunday night. Jim Hackett, former board Ford member and current head of the automaker’s mobility division, is being named… Continue Reading
May 19, 2017 — Late yesterday afternoon, data services provider Authenticom filed a motion in its antitrust lawsuit against Reynolds and Reynolds and CDK Global, seeking a preliminary injunction. TBR wrote about the pending request last week. The lawsuit alleges the dealer management system providers conspired in 2015 to force Authenticom and other data integration competitors out of… Continue Reading
