CDK Global CEO Brian MacDonald joins Daily Drive from the NADA Show to talk about the state of the company after a turbulent year. GM sets an annual earnings record. Plus, a U.S. appeals court throws out the Biden administration’s FTC car buying rules.
CDK Global has agreed to pay $630 million to settle an 8-year-old class-action lawsuit alleging the dealership management system company had conspired with a rival to inflate data-access fees for third-party vendors. The settlement must be approved by a federal judge.
CDK Global CEO Brian MacDonald said a new inventory product suite will help dealers evaluate used vehicles.