Automotive News: Millennials Flex Their Purchase Power

by Dealertrack on February 26, 2016

By now you’ve surely heard about Millennials. They’re that up-and-coming generation of 83.1 million Americans that have put the automotive world on notice with their collective purchasing power and a very clear preference about how they buy cars. They don’t want to spend all Saturday at the dealership, for example. And they prefer an onlin...

Read more

​Top Five Takeaways from DSES 2015

by Dealertrack on October 23, 2015

The annual DrivingSales Executive Summit in Las Vegas is a sort of automotive retail think tank: Part conference, part laboratory, part cocktail hour, “DSES” has emerged as one of the best opportunities for dealers, consultants and digital experts to come together with the...

Read more

Cox Automotive Opening New Doors to Clients, Team Members and Auto Industry with Completion of Acquisition of Dealertrack

by Dealertrack on October 1, 2015

Strengthens pro-industry organization offering comprehensive, open-choice solutions that drive efficiency and deliver greater value to consumers, dealers, lenders and manufacturers  ATLANTA, GA and LAKE SUCCESS, NY – October 1, 2015 – Cox Automotive,TM Inc., a leading provider of digital marketing, wholesale and e-commerce...

Read more

Dealertrack Completes Sale of Inventory+ Business to DealerSocket

by Dealertrack on October 1, 2015

Lake Success, N.Y, October 1, 2015 – Dealertrack Technologies (Nasdaq: TRAK) today announced that it has completed the sale of its Inventory+ business to DealerSocket, Inc. in an all-cash transaction for approximately $55 million. Under the terms of the deal, the divested Inventory+ assets include the AAX product in the U.S. and Canada, as wel...

Read more