IRVINE, Calif. – Autobytel Inc., the operator of carbuying web sites for hundreds of credit unions, reported yesterday its losses narrowed in the second quarter to $1.7 million, or four cents a share, from $7.9 million, or 19 cents a share, for its second quarter last year. The company, which operates more than 300 carbuying websites, continued to struggle though, reporting a 9% decline in second quarter revenues, to $30.1 million, and an operating loss of $5.8 million for the period. For the first two quarters, Autobytel reported a 21% decline in revenues, to $52 million, and operating losses of $16.8 million.
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