AutoConnect Data Show Philadelphia Buyers Love Hondas.ATLANTA--(BUSINESS WIRE)--March 9, 1999-- Philly Residents Search for Hondas, Especially the Honda Accord, When Shopping Online at www.autoconnect.com, the World's Largest Emporium of Pre-Owned Vehicles The City of Brotherly Love Noun 1. brotherly love - a kindly and lenient attitude toward people charity benevolence - an inclination to do kind or charitable acts supernatural virtue, theological virtue - according to Christian ethics: one of the three virtues (faith, hope, and loves Honda automobiles. When shopping online for a used car, Philadelphia residents' most popular search is for any type of Honda automobile, 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(R), the Web's largest automotive sales site. Their second most frequently searched for vehicle is the Honda Accord The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . 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 55 dealers in the greater Philadelphia metropolitan area, identifies the Ford Explorer
The Ford Explorer is a mid-size sport utility vehicle sold in North America and built by the Ford Motor Company since 1990. as the city's favorite domestic vehicle. It ranks number three on the AutoConnect list for Philadelphia, followed by any year or model of Toyota or Volvo, the fourth and fifth choices. "Philadelphia auto 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 U.S. in 1998. This compares with 10.5 million new cars and $303 billion. Nearly new vehicles (1994 model year and later) make up both the hottest segment of the market and the future of the auto industry. According to a 1999 Dohring study, consumers are turning away from buying brand new vehicles. In 1997, 73 percent of Americans aspired to buy a new car or truck. Today that number is only 59 percent. Conversely, the percentage of consumers willing to buy a used car or truck has risen from 27 percent to 41 percent. Several factors have contributed to the rising popularity of nearly new vehicles. Modern cars and trucks are generally built better than earlier models, 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 Manheim Automotive Services is the largest and highest volume wholesale automobile auction company in the world. As a subsidiary of Cox Enterprises, Inc., Manheim provides services including financing, title work, transportation, recovery, auto body repair, dealership management , 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. )(R) (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 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. |
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