Dealertrack Technologies, Inc.(NASDAQ : TRAK)
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Technology Services » Information Technology Services
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Dealertrack Technologies, Inc. operates as a holding company, which engages in web-based software solutions and services enhance efficiency and profitability for all major segments of the automotive retail industry, including dealers, lenders, OEMs, third party retailers, agents and aftermarket providers. It operates online credit application network in the U.S. and Canada. The company delivers the industry's solution set for automotive retailers, which include Dealer management solutions, The Inventory solutions, Sales and Finance & Insurance solutions, Processing solutions, Digital Retailing solutions, and Interactive solutions and it utilizes the Internet to link automotive dealers with banks, finance companies, credit unions and other financing sources, and other service and information providers, such as the major credit reporting agencies. The Dealer Management solutions provide dealers with easy-to-use tools and real-time data access that will streamline any automotive business. The Inventory solutions provide vehicle inventory management and merchandising solutions to help dealers drive higher in-store and online traffic with state-of-the-art, real-time listings, accelerate used-vehicle turn rates, and increase dealer profits. The Sales and Finance & Insurance solutions enable dealers to streamline the entire sales process while structuring all types of deals from a single integrated platform. The Processing solutions include online motor vehicle registration, lien and titling applications and services, and collateral management services. The Digital Retailing solutions, which integrate advanced vehicle search, pricing and payment tools directly into a retailer's website. The Interactive solutions, which deliver digital marketing and website offerings to assist dealers in achieving higher lead conversion rates by helping optimize the maximum amount of shoppers to their websites. Dealertrack Technologies was founded in August 2001 and is headquartered in Lake Success, NY.