DealerTrack, a provider of on-demand software and data solutions for the U.S. automotive retail industry, said the number of active financing sources connected to its on-demand network recently reached 225, up from 201 at the end of 2005. Company officials said more than 80% of all franchised automotive dealers in the U.S. are active in the DealerTrack network. Dealers use DealerTrack to electronically submit credit applications to an online network of automotive financing sources, including nine captives, the 20 largest independents, and credit unions and regional banks.
For info: www.dealertrack.com
