LAKE SUCCESS, N.Y.,
Feb. 3, 2011 /PRNewswire/ --
DealerTrack, Inc., a subsidiary of DealerTrack Holdings, Inc.
(Nasdaq: TRAK), a leading provider of on-demand software and data
solutions for the North American automotive retail industry, today
announced that the Company has completed the integration of its
popular dealer management system with Porsche Cars North America
operations, and has received Porsche's Integrated Partner
Certification.
(Logo:
http://photos.prnewswire.com/prnh/20101028/DEALERTRACKLOGO )
As a result of this integration, the nearly 200 Porsche Cars
North America dealers will be able to electronically maintain their
Automatic Stock Replenishment (ASR) inventory, and transfer
business financials directly into Porsche's worldwide corporate
systems using their DealerTrack DMS solution.
"As we continue to forge strong relationships throughout the
automotive industry, we understand that alliances with high
performance import brands are essential. Through our
partnership with Porsche Cars North America, we are providing
complete integration to allow Porsche dealers to achieve the
highest level of operational efficiency with the DealerTrack DMS,"
said Allan Stejskal, vice president
and general manager, DealerTrack DMS. "This partnership is a
prime example of DealerTrack's commitment to dealers who have a
diverse suite of franchises."
The web-based DealerTrack DMS has the ability to support
manufacturers and dealers in the areas of vehicle sales, vehicle
and parts inventory management, service department invoicing,
personnel and payroll administration.
About Porsche Cars North America, Inc.
A wholly owned, indirect subsidiary of Dr. Ing.h.c.F.Porsche,
Porsche Cars North America, Inc. and its 197 dealers offer U.S.
customers some of the most technically advanced and
high-performance vehicles in the world. Porsche cars are
synonymous with supreme quality accompanied by first-class customer
treatment. Also, Porsche is fully and publicly committed to
being a leader in significantly lowering emissions, and saving
fuel. The Company's guiding credo is "Porsche Intelligent
Performance" and the goal is to prove that Porsche's high
performance and efficiency are not contradictory terms. This
is nothing new for Porsche, which for 63 years has developed
numerous technologies that have advanced vehicle performance,
improved safety and spurred environmental innovations.
Obviously, one expects such achievements from the most
revered race car brand in the world --- one that has accumulated
more than 30,000 motorsport victories. Today, PCNA imports
the cars that are the product of this great history, including the
iconic 911 series, the renowned Boxster and Cayman mid-engine
sports cars, the high-end Cayenne sport utility vehicles and the
four-door Panamera Gran Turismo cars.
About DealerTrack (www.dealertrack.com)
DealerTrack's intuitive and high-value software solutions
enhance efficiency and profitability for all major segments of the
automotive retail industry, including dealers, lenders, OEMs,
agents and aftermarket providers. Our solution set for
dealers is the industry's most comprehensive. DealerTrack
operates the industry's largest online credit application network,
connecting approximately 17,000 dealers with over 900 lenders.
Our Dealer Management System (DMS) provides dealers with
easy-to-use tools and real-time data access that will streamline
any automotive business. Dealers using DealerTrack AAX get
the inventory management tools and services needed to accelerate
turns and increase profits. Our Sales and F&I solution
enables dealers to streamline the entire sales process while
structuring all types of deals from a single integrated platform.
DealerTrack's Compliance Solution helps dealers meet legal
and regulatory requirements and protect their hard-earned assets.
DealerTrack's family of companies also includes data and
consulting services providers ALG and Chrome Systems. For
more information, visit www.dealertrack.com.
Safe Harbor for Forward-Looking and Cautionary
Statements
Statements in this press release regarding the integration
between the DealerTrack DMS and Porsche Cars North America
operations and any conclusions or statements based thereon, and all
other statements in this release other than the recitation of
historical facts are forward-looking statements (as defined in the
Private Securities Litigation Reform Act of 1995). These
statements involve a number of risks, uncertainties and other
factors that could cause actual results, performance or
achievements of DealerTrack to be materially different from any
future results, performance or achievements expressed or implied by
these forward-looking statements.
Factors that might cause such a difference include the
robustness of the integration and other risks listed in our reports
filed with the Securities and Exchange Commission (SEC), including
our Annual Report on Form 10-K for the year ended December 31, 2009. These filings can be found on
DealerTrack's website at www.dealertrack.com and the SEC's website
at www.sec.gov. Forward-looking statements included herein speak
only as of the date hereof and DealerTrack disclaims any obligation
to revise or update such statements to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events or circumstances.
TRAK-G
SOURCE DealerTrack, Inc.