What does the acquisition mean to dealers?
The transaction significantly expands Autobytels Dealer Network, will bring a full suite of new dealer sales and marketing tools, and is expected to deliver more services, more products and meaningful increases in revenue and cash flow for management and the investors.
This is some of what Autobytel Management had to say about the deal:
AutoUSA represents an outstanding fit with Autobytel. In addition to its core leads business, AutoUSAs suite of complementary third-party, Web-based services includes payment-based pre-qualification tools, incentive programs and other products and services designed to help dealer customers and manufacturers increase their sales.
The Additional Resources & Tools for Dealer:
Autobytel said the acquisition expands its reach and influence in the industry by increasing its national new and used car dealer network to more than 5,200 from approximately 3,800, while boosting its business with auto manufacturers. It also enables the company to offer its new mobile and SaleMove products to a larger customer base, while continuing to build on relationships with OEMs and large dealer groups, including the AutoNation family of dealers.
The AutoUSA Team & Services are joining Autobytel:
The great news is that Phil DuPree, President of AutoUSA, has joined Autobytel as Executive Vice President, President of Dealer Services with the possibility of moving to California. AutoUSA represents an outstanding fit with Autobytel. In addition to its core leads business, AutoUSAs suite of complementary third-party, Web-based services includes payment-based pre-qualification tools, incentive programs and other products and services designed to help dealer customers and manufacturers increase their sales.
To get more info and background on this major industry development, please go to www.automotivedigest.com and ingest the essence of the Autobytel press announcement
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