DealerTrack Holdings

Autobytel acquires lead wholesaler AutoUSA from AutoNation

12:01 am U.S. ET | Jan. 14, 2014
Autobytel, one of the largest providers of lead prospects to auto dealers, has purchased AutoUSA from AutoNation for $10 million in cash, a $1 million convertible note and other consideration.... Read More »

 

Dealertrack buys into online ad growth

12:01 am U.S. ET | Dec. 21, 2013
Explosive growth in digital advertising by automakers and their dealers was a key consideration in Dealertrack Technologies' decision this week to buy Dealer.com for about $1 billion in cash and stock.... Read More »

 

Dealertrack to buy Dealer.com in $1 billion deal

4:06 pm U.S. ET | Dec. 19, 2013
Dealertrack Technologies, a leading provider of financial services software to auto dealers, has agreed to purchase digital-marketing giant Dealer.com for about $1 billion. The acquisition is subject to regulatory approval and is expected to be completed in the first quarter of 2014.... Read More »

 

JAMES B. TREECE

Numbers suggest mediocre F&I performance

12:01 am U.S. ET | Oct. 2, 2013
On average, the industry is doing a mediocre job of selling F&I products. That's my conclusion, based on Power Information Network numbers on penetration rates for F&I products, plus some insight from Tony Dupaquier, trainer extraordinaire at American Financial & Automotive Services.... Read More »

 

JAMES B. TREECE

Getting to yes on a lease

12:01 am U.S. ET | Aug. 14, 2013
In the F&I office, it's all about getting the customer to say yes and sign. Ideally, that's for a well-structured loan with other F&I products as well. But sometimes it means getting the customer to say yes to a lease.... Read More »

 

JIM HENRY

When a negative number nets a windfall

12:01 am U.S. ET | Aug. 14, 2013
Corporations don't like to see negative numbers in their financial results, but this one may be an exception.... Read More »

 

JIM HENRY

9 lenders per dealership is about right

12:01 am U.S. ET | Aug. 7, 2013
The number of lenders that dealerships use appears to have sought its own level, data from Dealertrack Technologies show. The company said this week that dealerships in its network averaged 9.1 active lender relationships in the second quarter. That was the same as in the first quarter and down a bit from 9.5 in the second quarter of 2012.... Read More »

 

Dealertrack Q2 operating income rises 34% on revenue gains

4:00 pm U.S. ET | Aug. 6, 2013
Automotive software vendor Dealertrack Technologies' net profit dropped 35 percent in the second quarter, reflecting a big gain a year ago, while income from operations rose 34 percent to $7.6 million and revenue advanced 26 percent to $121.8 million.... Read More »

 

JIM HENRY

Don't count dealer reserve out yet

12:01 am U.S. ET | July 17, 2013
There's a fair amount of opinion around that it's too soon to conclude that dealer reserve is on the way out. But perhaps few are as sure or as outspoken as attorney Randy Henrick that the practice still has traction.... Read More »

 

DealerTrack sued in U.S. court for racial discrimination

3:58 pm U.S. ET | June 13, 2013
Software vendor DealerTrack and its holding company are facing a federal lawsuit for alleged race discrimination filed by two former employees. DealerTrack wrote in a statement that it believes the defendants' claims do not have merit.... Read More »

 

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