The tech firm confirmed this week reports that COO Mark O’Neil plans to retire this February. He’ll depart almost four years after Cox’s acquisition of Dealertrack, a company he led as CEO for about 14 years.
Cox Automotive’s Mark O’Neil talks to the editor about MakeMyDeal’s future, digital retailing, and the fate of the F&I office.
The software giants are currently forming an integration team to determine how the combined companies will be organized once the deal closes in the third quarter. A company official said Cox had identified Dealertrack as an acquisition target last year.
Dealertrack Technologies elected Joe Payne to its board of directors. Payne is the former chairman and CEO of Eloqua, a provider of cloud-based marketing applications.
The Texas Automobile Dealers Association approves Dealertrack’s entire portfolio of dealer solutions.
The software company’s new identity is designed to showcase Dealertrack’s comprehensive suite of integrated technology solutions.
Based on the first nine months of 2012, DealerTrack says it expects franchised dealers to end the year with 14.3 million new cars sold.
The software company’s sales, F&I, inventory management and electronic vehicle registration solutions are now being endorsed by the Virginia Automobile Dealers Association.
Leading network that facilitates vehicle transportation for dealers added to DealerTrack’s comprehensive solution set.
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