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February 26, 2010

DealerTrack Sees Credit Markets Improving; Uptick in Subprime Activity

Responding to a question about whether the pickup in activity among captive lenders during the second half of the year was the driving force behind DealerTrack’s deal with GMAC, Mark O’Neil, the company’s chief executive, said the timing of the Jan. 10 announcement was only coincidental.

Tags: DEALERTRACK

February 24, 2010

Chrome Systems Provides BMW USA With Comparison Tool for Its Website

Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc., is now providing a vehicle comparison Website shopping tool for the BMW USA Website.

Tags: DEALERTRACK, Website tools

February 16, 2010

DealerTrack Talks GMAC, OEM Integration and Inventory Management

While its announced relationship with GMAC Financial Services made waves at the national dealer convention in Orlando, Fla., the software company made several other announcements during its Feb. 12 press conference, including upgrades to its AAX Inventory management system and further integration with third-party companies and OEMs.

Tags: DEALERTRACK, DealerTrack AAX, DMS, GMAC, inventory management

February 9, 2010

DealerTrack Adds Service Price Guides to Its DMS

DealerTrack Systems Inc. today announced the introduction of comprehensive Service Price Guides (SPGs) for automotive retail dealerships, which aims to provide quick and accurate price estimates for vehicle repairs.

Tags: DEALERTRACK, Price Guides, Service Tools

January 20, 2010

DealerTrack Launches Program to Reduce DMS Costs

Launching its largest and most aggressive DMS marketing program to date, DealerTrack is putting its money where its mouth is.

Tags: ADP, dealer management system, DEALERTRACK, Reynolds and Reynolds

December 8, 2009

IAS Announces Integration of the DealerTrack DMS and SmartMenu Complete

IAS, a provider of F&I software and aftermarket programs, announced the completion of a certification process by DealerTrack, giving SmartMenu Complete dealers the ability to integrate with the DealerTrack DMS (formerly Arkona) in real time.

Tags: dealer management software, DEALERTRACK, IAS

December 7, 2009

DealerTrack Connects 800th Financing Source to Network

Software provider DealerTrack Inc. announced Monday that the number of active financing sources connected to the DealerTrack network has reached 800.

Tags: DEALERTRACK, finance sources

December 3, 2009

ALG Announces 11th Annual Residual Value Awards

ALG, a subsidiary of DealerTrack Holdings Inc. and a provider of residual values and depreciation data, announced its 11th annual Residual Value Awards, honoring the vehicles in each segment that are predicted to retain the highest percentage of their original price after a conventional three-year period.

Tags: ALG, DEALERTRACK, residual values

November 30, 2009

DataCube Integrates With DealerTrack’s DMS

The DataCube, a division of Dominion Dealer Solutions, formed a partnership with software provider DealerTrack, and created the integrated solution, OpenTrack, software which interfaces with the DealerTrack Dealer Management System (DMS).

Tags: dealer management software, DEALERTRACK, DMS, Software

November 19, 2009

DealerTrack Names Bridget Townsend GM of Inventory Solutions Business

Software provider DealerTrack Inc. named Bridget Townsend as senior director and general manager of the DealerTrack Inventory Optimization suite of solutions.

Tags: DEALERTRACK

October 26, 2009

DealerTrack Integrates DMS With KIA Motors

DealerTrack Systems Inc., a subsidiary of DealerTrack Holdings Inc., announced it has completed the integration of the DealerTrack Dealer Management System (DMS) with Kia Motors America’s Web-based dealer communications system.

Tags: dealer management system, DEALERTRACK, DMS, KIA Motors

October 15, 2009

ALG Adds Monthly Residual Value Data to Risk Analysis Tool

Automotive Lease Guide (ALG), a subsidiary of DealerTrack Holdings Inc., added monthly residual value updates to its Residual Risk Analysis tool, which is used by vehicle lessors to analyze their automotive lease portfolio risk.

Tags: Automotive Lease Guide, DEALERTRACK, residual values

October 14, 2009

CDMdata and DealerTrack Partner to Offer Dealers Market Data

CDMdata Inc., a Kelley Blue Book company, and DealerTrack Inc., a subsidiary of DealerTrack Holdings Inc., have forged a partnership to leverage DealerTrack's vehicle inventory data and analytics, while integrating CDMdata's Internet marketing experience and Kelley Blue Book's marketing and valuation expertise.

Tags: DEALERTRACK, Kelley Blue Book

October 6, 2009

DealerTrack Adds Red Flags Reporting to Its Compliance Solution

DealerTrack Inc., a provider of on-demand software and data solutions, added red flags reporting to its DealerTrack Compliance Solution to help dealers better track their identity theft prevention programs and to more effectively monitor dealership activity.

Tags: DEALERTRACK, Federal Trade Commission, Red Flags Rule

September 23, 2009

GM Selects Chrome Systems' Accessories Marketing Tool

General Motors selected Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc., as the exclusive provider of a fully integrated accessories solution that GM is now offering its dealers.

Tags: accessories selling, Chrome Systems, DEALERTRACK, General Motors

September 10, 2009

DealerTrack Launches Ad Campaign for Performance Suite

Software provider DealerTrack Holdings Inc. selected Stein Rogan + Partners to develop an integrated advertising campaign to build awareness and generate demand for the DealerTrack Performance Suite.

Tags: dealer management system, DEALERTRACK

August 11, 2009

DealerTrack Reports Decline in 2Q Revenue

Software provider DealerTrack Holdings Inc. reported revenue of $57.9 million for the second quarter 2009, down from $63.2 million in the year-ago period. Net income for the quarter was $2.2 million, compared to $3.1 million in the year-ago period.

Tags: DEALERTRACK

July 14, 2009

DealerTrack Adds Free ‘ID Alerts’ to Its Credit Application Network

Software provider DealerTrack Inc. today announced the addition of “ID Alerts,” a free enhancement to its credit application network that will help dealers reduce the risk of identity theft and fraud by flagging abnormal patterns in credit applications.

Tags: DEALERTRACK, identity theft, Red Flags Rule

July 9, 2009

DealerTrack Launches Vehicle Inventory Optimization Solution

Software provider DealerTrack Inc. launched DealerTrack Inventory Optimization, a solution powered by AAX and designed to meet the needs of franchise and independent dealers of any size.

Tags: DEALERTRACK, inventory management

July 9, 2009

Landmark Ruling Invalidates DealerTrack Patent; Appeal Expected

DealerTrack’s six-year-old patent infringement suit against two of its competitors could be over, and all because of a man named Bernard Bilski.

Tags: credit application, DEALERTRACK, DealerTrack Lawsuit, Finance Express, RouteOne

June 29, 2009

DealerTrack Connects 750th Financing Source to Network

DealerTrack Inc. announced Monday that the number of active financing sources connected to the DealerTrack network has reached 750.

Tags: DEALERTRACK, lending sources

June 16, 2009

Chrome Systems Launches ALG Smart Buyer Pricing

Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc. and a software and automotive data provider, today announced the launch of ALG Smart Buyer Pricing, which provides actual prices new vehicles are selling for on a regional and local basis.

Tags: Chrome Systems, DEALERTRACK

June 1, 2009

One-Owner Vehicles Show 23% Lift in Gross Profit, Says Carfax

DealerTrack Inc. announced Monday the results of a study that quantifies the benefits to dealers of marketing used vehicles that have had only one previous owner.

Tags: DEALERTRACK

May 12, 2009

DealerTrack Reports Drop in 1Q Revenue

DealerTrack reported revenue of $55.7 million for the first quarter 2009, a drop from the $64.3 million recorded during the year-ago period. The company had a net loss of $5.6 million in the first quarter, compared to a net income of $2.3 million in the year-ago period.

Tags: DEALERTRACK

April 27, 2009

DealerTrack Hosts DMS Webinar to Help Independent Dealers

DealerTrack will host a free Webinar on Thursday to help independent dealers take better advantage of features offered by its dealer management system (DMS).

Tags: DEALERTRACK

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