ADP Dealer Services announces acquisition of Hayes-Ligon.CHICAGO--(BUSINESS WIRE)--March 13, 1995--ADP Dealer Services has acquired the Hayes-Ligon Corp., the leading provider of customized servicing pricing guides for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. , with over 4,500 clients. Peter M. Leger, president of ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. Dealer Services, announced the acquisition today. "Electronic pricing guides are an important element in `re-engineering' service departments, which will enable our dealer customers to provide substantially higher added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. products and services to help dealer customers re-engineer their business processes. ADP provides the electronic tools coupled with value-added training of customers for all dealerships, from small- and medium-sized all the way up to mega-dealer groups. ADP also recently purchased ASC ASC Ambulatory surgery center, see there (Automotive Service Consultants) and Computer Care as part of this strategy," Leger added. Under a previous marketing agreement, ADP and Hayes-Ligon already offer the Total Information Pricing System Noun 1. pricing system - a system for setting prices on goods or services system - a procedure or process for obtaining an objective; "they had to devise a system that did not depend on cooperation" (TM) (TIPS) products on ADP Dealer Computer Systems. TIPS provides parts and service department personnel access to accurate service pricing information for over 12,000 repairs. Parts and service personnel can quickly provide customers with total pricing information and estimates. The system eliminates the use of service and repair books, and minimizes the involvement of parts personnel. TIPS is automatically updated every time the manufacturer publishes a new parts tape, or as new models are introduced, or when the dealership changes its own pricing information. In a complementary move, ADP had recently purchased 24-year-old ASC (Automotive Service Consultants), a leading consulting and training company working in fixed operations of service, parts and body shops. ASC also provides servicing pricing guides as well as process re-engineering consulting services to dealerships nationwide to improve service department profitability through increased efficiency and improved customer service satisfaction. (ADP had previously announced the acquisition of 17-year-old Computer Care, a leading provider of direct marketing programs and customer retention follow-up systems designed to enhance customer loyalty and dealership profitability.) "Service departments today need to have pricing information at their fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. to enable them to answer customers' questions quickly and accurately," Leger said. "As dealerships face increasing fixed costs fixed costs, n.pl the costs that do not change to meet fluctuations in enrollment or in use of services (e.g., salaries, rent, business license fees, and depreciation). , highly efficient service departments become ever more critical. ADP's acquisitions of Hayes-Ligon, Computer Care and ASC will continue to expand the ADP Dealer Services' involvement in improving dealership productivity, profitability, and customer satisfaction." ADP Dealer Services, the third largest business unit of ADP Inc. is a leading supplier of computer services to automobile, heavy duty truck and equipment dealerships throughout Canada, the United States, Germany and the United Kingdom. Automatic Data Processing Same as data processing. Inc., with over $2.5 billion in revenue annually and 300,000 clients, is one of the largest computing services firms in the world. CONTACT: ADP Dealer Services Marc Griffin, 708/397-1700 Betty Savage, 503/294-4249 |
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