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Dealertrack Canada Launches Online Finance Portal for Hyundai Auto Canada Corporation and Hyundai Dealers

April 9, 2014
By

MISSISSAUGA, Ontario–(BUSINESSWIRE)–
Helping to streamline the sales and finance data between Hyundai dealers
and Hyundai Auto Canada Corp., Dealertrack Canada, part of Dealertrack
Technologies (Nasdaq:TRAK – News), today announced the completion of their
launch of an advanced finance portal to all Hyundai automobile dealers
in Canada.

The new Hyundai-branded portal, powered by Dealertrack, will be directly
integrated into the OEM’s systems seamlessly to enable credit
application submissions and deliver real-time data updates, including
the latest incentives and aftermarket offerings, new inventory and CPO
program data to Hyundai dealers who are financing transactions through
the Dealertrack Network.

“This new portal will help create greater workflow efficiencies for both
Hyundai Auto Canada and its dealers, significantly transforming their
businesses and their interactions with their OEM,” said Michael
McCarthy, general manager, Dealertrack Canada. “We are committed to
working with OEMs in Canada to improve their processes to help deliver
bottom-line results to both the OEM and their dealerships.”

Currently, Hyundai
Auto Canada
, which recently celebrated its 30th
anniversary, has 210 dealerships throughout the country. “Hyundai and
Hyundai dealers continue to embrace new technologies, systems and
processes to improve the way we do business,” said Don Romano, chief
operating officer, Hyundai Auto Canada Corp. “The new Hyundai Dealer
Portal will allow us to improve communication and information sharing
with our dealers, helping us make better decisions as we grow and manage
our business.”

Dealertrack
Canada
is headquartered in Mississauga, Ontario, Canada, and has
more than 100 team members committed to delivering high value solutions
and services to its Canadian clients. This team includes District
Managers strategically located across the country to provide direct
regional support to our dealer and OEM customers, and a specialized team
of Area Managers and Relationship Managers devoted to Dealertrack
Inventory and Dealer Management Software.

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 1,400 lenders,
Dealertrack Technologies delivers the industry’s most comprehensive
solution set for automotive retailers, including Dealer
Management System (DMS),
Inventory,
Sales
and FI
, 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 Network 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
dealer and lender acceptance of the Dealertrack Network and Dealertrack
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, 2013. 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

Article source: http://ca.finance.yahoo.com/news/dealertrack-canada-launches-online-finance-160000907.html

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