Dealertrack’s incadea Enters Tire Business in China
24 September 2015 - 9:00PM
Business Wire
Michelin China to Deploy Tire And Fast-Fit
Business Solution in 2,000+ TYREPLUS Service Centers in its
Franchise Network
Further expanding its presence in Asia, Dealertrack Technologies
(Nasdaq:TRAK) today announced that as part of an agreement between
incadea and Michelin Headquarters, Michelin China will deploy the
tire and fast-fit business solution based on Dealertrack’s
incadea.fastfit tire business management solution in more than
2,000 TYREPLUS Service Centers across the People’s Republic of
China by 2018. Incadea, through its subsidiary operation in China,
further builds upon the company’s existing installed base of dealer
management systems (DMS) and other solutions in the region.
Incadea.fastfit is an integrated tire business management
solution that enhances the operational efficiency and productivity
of tire retailers. Through the use of e-commerce, knowledge
management and customer relationship management tools, the solution
collectively supports the optimization of internal processes and
procedures. Currently, incadea’s tire business solution is used by
more than 6,000 users across 26 countries.
“This partnership will allow us to better answer to retailers’
needs to capture the expected growth of the tire and car service
business in China over the next several years in our TYREPLUS
franchise network,” said Pascal Roche, Michelin China Commercial
Director. “Incadea has a great reputation for delivering
sustainable technology solutions that help retailers to manage
better their operations locally and across the region.”
Patrick Katenkamp, chief executive officer of incadea, states,
“With this partnership, Michelin China can capitalize on the
growing market for automotive tires and aftermarket products in the
region through the use of proven and integrated technology
solutions. This partnership is just one example of how Dealertrack
and incadea can help automotive retailers transform their
businesses worldwide.”
About incadea
incadea, a Dealertrack (Nasdaq: TRAK) solution, is a leading
international provider of software solutions and services to the
global automotive retail and wholesale market. incadea addresses
the needs of this industry by offering global solutions with
state-of-the-art innovation and local execution capabilities.
Products include dealer management, business intelligence, and
customer and vehicle relationship management solutions, based on
the latest Microsoft Dynamic technology. These are used by
multinational car manufacturers, Original Equipment Manufacturers
(OEMs) and their dealership networks. Through continuing global
expansion, incadea serves more than 83,000 end users in more than
3,500 dealerships in 90 countries across the globe. Headquartered
in Germany, incadea has offices in Austria, Greece, Spain,
Portugal, Russia, China, Japan, India, Taiwan, Mexico, New Zealand.
The Group has a network of worldwide certified channel partners,
and its range of blue chip customers include over 50 OEMs such as
BMW, Toyota, Volkswagen, Peugeot/Citroën, Ford, Scania and
Mercedes-Benz.
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, vehicle manufacturers,
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 in the United States and Canada, Dealertrack Technologies
delivers the industry’s most comprehensive solution set for
automotive retailers, including Dealer Management System
(DMS), Inventory, Sales and 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
Dealertrack's solutions, 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 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 the Dealertrack solutions,
the performance of Dealertrack's third-party partners, 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
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version on businesswire.com: http://www.businesswire.com/news/home/20150924005193/en/
Dealertrack TechnologiesMedia:Alison von Puschendorf,
877-327-8422 x7366alison.vonpuschendorf@dealertrack.comorincadeaIoanna Dimopoulou, +49 152
22836738Ioanna.Dimopoulou@incadea.com
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