Superior product features are only a part of what makes Dealertrack DMS different. Dealertrack now belongs to a family of top-tier brands including Kelley Blue Book, Autotrader, and Manheim, to name a few. Because of its breadth, Cox Automotive plays a critical role in three out of four car purchases in the United States and Canada.
The combined companies will provide comprehensive, open-choice solutions that drive efficiency and deliver greater value to consumers, dealers, lenders, manufacturers and the overall automotive industry. Starting today, we are moving forward as one organization that is passionately pro-industry, committed to open choice and dedicated to strong partnerships. Dealertrack, which has about employees on Long Island, has signed a lease for a new headquarters on 9 acres in North Hills where it planned to relocate.
Site work on the new North Hills complex has already begun. The site was mostly wooded vacant land owned by Castagna Realty, which also owns the Americana shopping center in Manhasset. All in all, real estate industry observers say the Cox acquisition makes Dealertrack a stronger and more credit-worthy tenant for the new headquarters.
Cox will also be able to take advantage of economic incentives designed to keep Dealertrack and its expansion on Long Island. Not Registered? Research shows that outdated and inefficient technologies are having the opposite effect in many dealerships. The Todd Wenzel Automotive Group, a four-store dealership group in Michigan, recognized this problem and began searching for ways to be more efficient. Other Cox Automotive brands to help you effectively optimize and streamline your operations or to make in-store sales experiences smooth, quick and trustworthy.
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