Dealertrack Unveils New Inventory Management Tools

LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--

Dealertrack Technologies TRAK today introduced New Car Pricing and Multiplatform Listing tools for its Inventory+ solution to help dealers better manage new vehicle and wholesale inventory.

Dealertrack's Inventory+ New Car Pricing tool enables dealers to more efficiently price new vehicles using all of the latest manufacturers' incentives and rebates, as well as competitive market data. In addition, this tool supports making pricing changes in bulk down to the vehicle's model and trim levels, reducing the typical repricing process by days. New car pricing updates can also be instantly synchronized with the dealer's website inventory listings.

The new Multiplatform Listing tool allows dealers to launch wholesale vehicles on all major online auctions – at the same time – from one platform. When a vehicle is sold on one of the auction sites, the Dealertrack tool works seamlessly to remove the car from all auction platforms, protecting dealers from double selling inventory and incurring associated fines and penalties. This tool also delivers integrated access to wholesale books and transactional values to assist in pricing vehicles to a specific market and maximizing profitability.

"These new inventory management tools expand the capabilities of our Inventory+ solution to help dealers better manage their inventory, further streamline their operations and be more competitive," said Robert Granados, senior vice president and general manager, Inventory, Dealertrack. "Speed to market, accuracy and efficiency are key components in automotive retailing, and the combination of these new tools and the powerful Inventory+ solution provide exactly that."

Dealertrack Inventory+ is an innovative and comprehensive inventory management solution that delivers a comprehensive view of data insight and analytics with rich mobile and workflow capabilities for dealers. For more information about Dealertrack's Inventory+ and these new tools, visit www.dealertrack.com/inventory+.

About Dealertrack Technologies (www.dealertrack.com)

Dealertrack Technologies' intuitive and high-value 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. In addition to the industry's largest online credit application network, connecting more than 20,000 dealers with more than 1,500 lenders, Dealertrack Technologies delivers the industry's most comprehensive solution set for automotive retailers, including Dealer Management, Inventory, F&I, Digital Marketing and Registration and Titling solutions.

Safe Harbor for Forward-Looking and Cautionary Statements

Statements in this press release regarding the benefits of the Dealertrack's solutions 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 Technologies 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 performance and acceptance of Dealertrack and its solutions, 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 ending December 31, 2014 and our Quarterly Reports on Form 10-Q. These filings can be found on Dealertrack Technologies' 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 Technologies 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