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On October 1, 2014, ADP Dealer Services division was spun-off to form the independent company CDK Global. [ 15 ] [ 16 ] The CDK in the company's name was inspired from different acquisitions; C from Cobalt Digital Marketing, [ 17 ] D from the original ADP Dealer Services business, and K from Kerridge Computer Company, a UK-based dealer ...
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Broadridge was founded in 1962 [5] as ADP Brokerage Services Group, [9] a business unit [6] of the American payroll processing company Automatic Data Processing (ADP). [5] Operating as ADP's shareholder communications division, [10]: 27 [11] it initially served one client by processing an average of 300 trades per night. [9]
In 2007, the ADP Brokerage Service Group was spun off to form Broadridge Financial Solutions, Inc., removing about US$2 billion from ADP's total yearly revenue. [17] ADP distributed one share of Broadridge common stock for every four shares of ADP common stock held by shareholders of record as of the close of business on March 23, 2007.
AutoNation Inc, the largest U.S. auto dealership chain, said on Friday it will return $77 million it received in forgivable loans from the U.S. Paycheck Protection Program (PPP) meant to help ...
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The team's stadium became branded as DRV PNK Stadium, a tie-in with AutoNation's breast cancer awareness campaign. [29] In 2022, AutoNation sold its 14 millionth vehicle in the United States since its founding. [30] In January 2023, AutoNation acquired RepairSmith, a full-service mobile solution for automotive repair and maintenance, for $190 ...
AutoNation Inc (NYSE:AN) reported fourth-quarter sales growth of 7% year-on-year to $7.21 billion, beating the analyst consensus estimate of $6.80 billion. New vehicle sales increased 13%, and ...