Dealertrack Completes Acquisition of Dealer.com
Dealertrack completes its acquisition of Dealer.com, which will continue to operate out of its headquarters in Burlington, Vt. The company's former CEO is being retained and will serve as executive vice president and group president of Dealertrack's newly formed Digital Marketing Solutions team.
LAKE SUCCESS, N.Y. — Dealertrack Technologies announced this week the completion of its acquisition of Dealer.com, a provider of digital marketing solutions and services for the automotive retail industry.
Established in 1998, Dealer.com is a pioneer in providing website and advertising products for OEMs and automotive dealerships. Dealertrack will retain the Dealer.com name in the marketplace to represent Dealertrack’s advanced and complementary set of digital marketing products and services.
Rick Gibbs, former CEO of Dealer.com and one of its co-founders, will lead Dealertrack’s newly formed Digital Marketing Solutions team as executive vice president and group president. Dealertrack’s Digital Marketing management will be based at Dealer.com’s current headquarters in Burlington, Vt.
The agreement to acquire Dealer.com was announced on Dec. 19, 2013.
More Showroom
Dealers a Little Down
A third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.
Read More →
European EV Sales Skyrocket
The EV market on the continent held strong in July with almost 25% of new-car sales being fully electric units, a stark contrast to the U.S., where EV sales declined about 42%.
Read More →
Mitsubishi Unveils U.S. Plan
The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.
Read More →
Used Lots Getting the Business
Many consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.
Read More →
Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
Read More →
California Hybrids Reach State Record
The Golden State still leads the country in electric-vehicle registrations, but much like the rest of the U.S. its hybrid market share is up while full electrics stabilize after a dramatic first-quarter dip.
Read More →
My Mercedes in the U.S.
The German brand debuted its studio dealership concept for the first time in the states in Los Angeles, tapping Americans’ penchant for creative distinctions.
Read More →
Used Sales Hit Summer Drag
The vacation season, combined with high prices, has dented deliveries and added to inventories, though supply is still slim enough to keep listings elevated.
Read More →
California Launches EV Rebate Program
Participating automakers are matching the state's $13.5 million investment in new electric-vehicle rebates scheduled to take effect later this summer.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →