American Honda Motor Company Selects The Cobalt Group to Provide Internet Solutions to Its Dealers.Business Editors SEATTLE--(BUSINESS WIRE)--Sept. 6, 2000 Automotive e-Commerce Leader Will Provide U.S. Honda and Acura Dealers With Robust Online Capabilities The Cobalt Group (Nasdaq:CBLT CBLT Contract Bridge League of Thailand CBLT Cheese Bacon Lettuce Tomato (sandwich) ), a leading provider of Internet-based business-to-business services to 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. , today announced that American Honda Motor Co., Inc. has designated it the endorsed provider of Internet services for all U.S. Honda and Acura dealers. "This endorsement from one of the auto industry's most popular and trusted brands demonstrates Cobalt's leadership in providing comprehensive, integrated, Internet solutions designed specifically to meet the unique needs of dealers and their customers," said John Holt John Holt can be any one of:
"Cobalt will offer our dealers a comprehensive Web solution that provides the fundamental Web development and business management tools they need to establish dynamic e-commerce operations," said John Fulcher, senior manager of e-commerce for American Honda Motor Co., Inc. "American Honda is focused on meeting the Internet needs of our customers. The Cobalt Group lays the foundation and offers the tools for dealers to communicate effectively with their customers on the Internet." Features of the program include state-of-the-art Web site design and development, Web site hosting, automated new and used vehicle inventory listing capabilities, Cobalt's Finance Solution, Cobalt's Service Solution, and traffic reporting A traffic report is an element of a radio program or TV news broadcast that informs listeners about general traffic conditions, locations and severity of traffic accidents, road construction detours/slowdowns, etc., on roadways within the broadcast area. . Additionally, Cobalt will distribute Honda dealers' vehicle inventory to eight leading car shopping destinations on the Web-- DealerNet(R), Yahoo!, InfoSpace, Excite@Home, AutoVantage, BuySellBid, CarTrackers.com and Usedcars.com --broadening dealers' exposure to millions of motivated online car buyers nationwide. "Honda realizes the power of the Internet in driving auto sales Auto Sales The major producers of domestic automobiles report sales monthly. These numbers are seasonally adjusted by the U.S. Department of Commerce and are available to the public one to five business days after the end of each month. and service, and we are pleased to endorse Cobalt's industry-leading Web solutions for all of our U.S. dealers," said Steve Center, senior manager of market support for American Honda Motor Company, Inc. "Cobalt's proven track record and focus on developing cost-effective solutions that meet the multiple needs of customers, dealers and American Honda solidified so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. our decision." "From the outset, Cobalt has been focused on assisting auto dealers build their e-businesses on the Web," said Holt holt n. Archaic A wood or grove; a copse. [Middle English, from Old English.] holt Noun the lair of an otter [from . "A central component of our success is ensuring that dealers and manufacturers work together to creatively and dynamically extend their brands onto the Internet through a powerful online presence. We are committed to helping Honda and its dealers maximize their success on the Internet." About the Cobalt Group The Cobalt Group(TM) (Nasdaq:CBLT), headquartered in Seattle, is a leading provider of Internet-based products and services for the automotive industry. Cobalt helps dealers, dealer groups and automobile manufacturers harness the power of the Internet to realize new efficiencies, win new prospects and better serve their customers. With approximately 6,000 dealer Web site clients, over 10,000 dealers using its parts locating system, and relationships with 14 automotive manufacturers and more than 50 of the 100 largest dealer groups in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Cobalt is one of the leading technology companies serving the automotive industry. Cobalt operates MotorPlace.com(TM) (www.MotorPlace.com), a business-to-business vertical portal A Web site that provides news, articles and services to a particular industry such as IT, finance and retail. It is the industry-specific equivalent of the general-purpose portal on the Web. Also called a "vortal." See portal, corporate portal, business intelligence portal and Web hub. for the automotive industry; DealerNet(R) (www.dealernet.com), one of the best-known automotive destination sites on the Web; and PartsVoice(R) (www.partsvoice.com), a leading OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
The Cobalt Group has offices in Seattle, WA; Portland, OR; Detroit, MI; Columbus, OH; and Austin, TX. For more information, please visit The Cobalt Group at www.cobaltgroup.com or call 800/909-8244. |
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