FI showroom red and grey logo
MenuMENU
SearchSEARCH

Dealertrack Posts Record Revenue for 2013

The tech firm touted a 24% increase in revenue for 2013. It also noted that more than 1,000 dealers visited the company’s booth at the NADA Convention & Expo.

February 20, 2014
2 min to read


LAKE SUCCESS, N.Y. — Dealertrack Technologies, which reported a 24% increase in 2013 revenues vs. 2012, said this week that the 2014 National Automobile Dealers Association (NADA) Convention and Expo in New Orleans was its most successful show to date.

“The NADA is our industry’s biggest trade show with approximately 8,000 dealer attendees this year, over 1,000 of which demoed more than one Dealertrack solution,” Mark O’Neil, the company’s chief executive, said.

Ad Loading...

At the show, Dealertrack representatives unveiled the company’s DMS 2.0, which touts a new graphical user interface and efficient navigation, as well as an inventory solution called Inventory+. Another major topic at the show, O’Neil said, was the company’s acquisition of Dealer.com, which Dealertrack expects will increase its revenue growth opportunity in 2014.

In 2013, the company reported revenue of $481.5 million. For the fourth quarter, Dealertrack posted record revenue of $126.1 million. Included in that total were $4.9 million in transaction revenue, $1.9 million in subscription revenue and $300,000 in revenue from acquisitions completed after the fourth quarter 2012.

“We believe we are well positioned for an even better 2014,” O’Neil said, noting the company’s expanding lender and dealer relations, as well as its acquisition of VINtek.

“Each of these trends positively impacted our average transaction revenue per car sold,” O’Neil added. “As a result, average transaction revenue per car sold increased $8.63, up 20% from a year ago.”

Also helping to drive transaction revenue growth, O’Neil added, was the increase in the number of active lenders on its U.S. credit application network.  The company ended the year with more than 1,410 sources on its network, increasing its count by 150 lenders from the year prior.

Ad Loading...

Dealertrack also grew its U.S. active dealer count by almost 1,000 outlets in 2013. It now has more than 20,000 participating dealers on the network.

“In summary, we delivered strong fourth quarter and full-year financial results and also made great strides toward our vision of transforming auto retailing with our suite of integrated technologies,” O’Neil concluded.  

More Auto Finance

Woman's hands holding an wallet empty of cash
Auto Financeby Hannah MitchellJuly 1, 2026

Automotive Consumers Sink Further in Debt

Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.

Read More →
Three men smiling for headshots
Auto Financeby Lauren LawrenceJuly 1, 2026

Porsche Financial Services Shifts Structure

After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.

Read More →
$100 bill and magnifying glass on top of paper that says insurance policy terms and conditions.
F&Iby Lauren LawrenceJune 29, 2026

Tariffs Could Raise Insurance Premiums

As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.

Read More →
Ad Loading...
Red toy car sitting on top of coins.
Auto Financeby Lauren LawrenceJune 24, 2026

Smaller Loans, Longer Terms

The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.

Read More →
Photo of man holding a car key
Auto Financeby Hannah MitchellJune 17, 2026

New Cars a Tad More Affordable

May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.

Read More →
Photo of a white toy car next to piles of coins
Auto Financeby Hannah MitchellJune 8, 2026

First-Quarter Sees Long Auto Loan Growth

Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.

Read More →
Ad Loading...
Assurant, Mastering Credit Friction, Sales Series, Expert Trainer Josh Krach
Auto FinanceMay 29, 2026

Mastering Credit Friction

In this video, Josh Krach explains how to turn credit friction into an advantage.

Read More →
Couple talking with auto salesman next to new car inside dealership
Auto Financeby Hannah MitchellMay 20, 2026

April Less Affordable

Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.

Read More →
Photo of a loan contract on a desk
Auto Financeby Hannah MitchellMay 13, 2026

Auto Lenders, Consumers on a Tightrope

April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.

Read More →
Ad Loading...
black background with orange text saying Alec Hagey Toyota Financial Services President and CEO effective April 6 with picture of Alec Hagey
Auto Financeby Lauren LawrenceApril 6, 2026

Toyota Financial Services President Replaced

Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.

Read More →