Ads chase shoppers who quit Autobytel lead formsOct. 31, 2016
Car-buying startups of 1990s didn't live long and prosperMarch 28, 2016
Autobytel buys AutoWebOct. 1, 2015
Fewer lead vendors but better odds of conversionJune 8, 2015
Before the Great Recession, booming auto sales had drawn scores of new vendors into the lead-selling business. And the poor-quality leads that dealerships paid $20 apiece for were littered with bad contact information or people who had filled out a form to enter a sweepstakes rather than buy a vehicle. But the recession rinsed most of the fly-by-night players out of the industry, said Autobytel CEO Jeff Coats.
Autobytel acquires rival Dealix for $25 millionMay 21, 2015
Autobytel, one of the largest providers of sales leads to auto dealers, has purchased longtime rival Dealix for $25 million in cash. The deal brings together two of the most-prominent providers of leads, which are vehicle-buying prospects who want to be contacted by a dealer. They typically cost dealers $20 a piece.
Dealertrack, Autobytel digest acquisitionsMay 8, 2015
Dealertrack Technologies and Autobytel, vendors to auto dealers, are benefiting from the hot vehicle-sales market even if they are trying to absorb acquisitions made last year, the companies said in separate earnings announcements this week.