DealerTrack Reaches 225 Active Finance Sources on Network

LAKE SUCCESS, N.Y. -- DealerTrack announced that the number of active financing sources in its network has hit 225, up from 201 at the end of 2005.

"We are very pleased to reach this milestone," said Mark O'Neil, chairman and CEO of DealerTrack.

"As we continue to add more financing sources, the breadth of the DealerTrack network is increasingly beneficial for our 21,000 dealer customers," he added. "Providing dealers with more efficient access to their financing sources helps them sell more cars and can increase their profitability per deal."

DealerTrack executives said more than 80 percent of franchised dealers in the U.S. are active in the company's network.