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AutoConnect Data Show Detroit's Loyalty to Hometown Vehicles.


ATLANTA--(BUSINESS WIRE)--March 9, 1999--

Motown Residents Search for Fords, Especially the

1996 Ford Explorer
See also Ford Explorer Sport Trac for the spinoff pickup truck version


The Ford Explorer is a mid-size sport utility vehicle sold in North America and built by the Ford Motor Company since 1990.
, When Shopping Online At www.autoconnect.com,

the World's Largest Emporium of Pre-Owned Vehicles

Detroit car shoppers are a loyal bunch when shopping online for a used car or truck. Four of the five vehicles they search for most frequently online are made by Detroit's own Ford Motor Company. That's according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 data released today by AutoConnect, the Web's largest used car shopping site.

Motown residents search most frequently for the Ford nameplate when shopping at AutoConnect (www.autoconnect.com), which has an inventory of more than 725,000 vehicles and a nationwide network of more than 35,000 dealers -- including 342 dealers in the greater Detroit area. Their most popular search is for any type of Ford car or truck. Their second most frequent search is for a 1996 Ford Explorer. The Ford Mustang For other Ford Mustang models and concepts, see .

The Ford Mustang is an automobile produced by the Ford Motor Company, originally based on the Ford Falcon compact.[1]
 and Ford Ranger hold fourth and fifth places, respectively.

When they're not shopping for locally manufactured cars or trucks, Detroit residents are likely to check out BMW BMW
 in full Bayerische Motoren Werke AG

German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s.
 automobiles, their third most frequent query on AutoConnect.

"Detroit car shoppers are an informed and value-conscious audience," said Chip Perry, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of AutoConnect. "Like most Americans, they recognize the value to be found in a quality used car or truck. And they are using the fast, free resources of AutoConnect to identify and locate the right vehicle at the right price in their local area."

In terms of volume, used cars now outsell out·sell  
tr.v. out·sold , out·sell·ing, out·sells
1. To surpass (another) in an amount sold: a book that outsold all others of its kind.

2.
 new ones by a margin of four to one. According to NADA, some 41 million used cars worth a collective $370 billion were sold in the US in 1998. This compares with 10.5 million new cars and $303 billion at the retail level, excluding fleet sales. Nearly new vehicles (1994 model year and later) make up the hottest segment of the used car market.

Several factors have contributed to the rising popularity of nearly new vehicles. Consumers today are much more value-conscious, looking to avoid the depreciation associated with new cars, and most manufacturers now offer certification and warranty programs for their used vehicles.

Now the largest automotive shopping site on the Web, AutoConnect has achieved its market leadership by focusing on what car buyers want most: the world's largest database of nearly new cars and trucks; comprehensive, relevant consumer information; and a complete set of tools that shoppers can use to find and purchase the best vehicle for their individual needs.

Along with an unmatched selection of cars and trucks, AutoConnect gives consumers the credible third-party reports and recommendations they need to feel confident in their choice of a vehicle. Among the resources available at AutoConnect are automotive reviews and other articles from Consumers' Digest, Car and Driver, and Road & Track. Kelley Blue Book values, information on auto financing, insurance and warranties are also included, along with news and views from experienced commentators like syndicated auto columnists Jack Gillis and Lesley Hazelton.

About AutoConnect

AutoConnect(R) is owned by Manheim Auctions, Inc.(R) of Manheim Auctions, a subsidiary of Cox Enterprises, and the Dealer Services Group of Automatic Data Processing Same as data processing. , Inc. (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.
) (NYSE NYSE

See: New York Stock Exchange
: AUD AUD

In currencies, this is the abbreviation for the Australian Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
), offering Internet shopping information and services for pre-owned and new cars and trucks. Manheim and ADP(R) provide a variety of products and services, to a combined total of more than 90 percent of the U.S. automotive dealers, making AutoConnect the Internet's largest and most significant consolidation of automobile dealer relationships and used car listings. This site opened to dealers and consumers in May 1998.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 9, 1999
Words:595
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