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.
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.
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.

Technology leaders from Hyundai Motor Group will have open discussions at the inaugural HMG Tech Talent Forum on topics ranging from autonomous driving to 'smart' manufacturing.
Read More →
Dealers are facing growing frustrations with current generic artificial intelligence tools, according to a survey by Lotlinx, which found they want a solution that understands their inventories.
Read More →
The firm's F&I Insight tie-up with The Impact Group’s ImpactMenu platform is designed to enhance finance-and-insurance transaction recording for auto dealerships.
Read More →
Advancements with Reynolds' AI Agent, Rey, will take center stage this August at the Park Hyatt Aviara in Carlsbad, Calif., near San Diego.
Read More →
A new Atlanta location on Reynolds and Reynolds' docuPAD e-contracting system is designed to broaden access for auto professionals.
Read More →
Company says on-demand access to F&I specialists is shown to boost dealership efficiency and profitability.
Read More →
The quickest way to turn a breach into a crisis is to wing it. Follow this seven-step playbook to ensure you meet your obligations.
Read More →
Hack exposed thousands of dealerships’ customer data
Read More →

Study finds recognition of its usefulness, but franchisers are treading sometimes confusing waters carefully
Read More →