Autobex.com Launches B2B e-Marketplace Powered by Commerce One; Autobex.com is First Comprehensive Internet Marketplace Supplying Automotive Retailers.Business Editors/Technology Writers FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Aug. 15, 2000 Autobex.com, Inc. today announced an online marketplace that supplies automotive retailers. Powered by the Commerce One (Nasdaq:CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ) Net Market Maker Solution, the Autobex.com Market (www.autobex.com) provides a single location on the Internet where automotive retailers can find and purchase the supplies and parts needed to run a car dealership This article is about car dealerships. For the indie pop band, see Dealership (band). A car dealership or vehicle local distribution is a business that sells new cars and/or used cars at the retail level, based on a dealership contract with an automaker or and service center. The Autobex.com e-marketplace helps automotive retailers save time and money in their day-to-day purchases of aftermarket parts, collision repair materials, detailing supplies, aftermarket accessories and 14 other categories of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. consumed in daily operations. Retailers save money by taking advantage of Autobex.com's pre-negotiated group purchasing deals that offer discounts of up to 66 percent from list price. Autobex.com enables retailers to save time by providing a single stop shopping solution for brand name products at everyday low prices. "With Autobex.com, we have brought together 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. expertise, professional purchasing practices and the best e-commerce platform available to deliver an Internet-based e-marketplace that is sorely needed by automotive retailers," said Phil Carter, co-founder 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 Autobex.com. "We look forward to working with franchise owners and general managers across the country to help them increase the productivity and profitability of their businesses." Automotive Retail Market 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. the National Association of Automobile Dealers (NADA), there are approximately 22,400 new car stores in the United States with the largest single consolidator controlling 280 stores or about 1.3% of the market. The fragmentation of the market has resulted in inefficient purchasing practices and little buying power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. among automotive retailers. Autobex.com estimates that the average automotive retailer buys $0.5 million of supplies and aftermarket parts creating an $11 billion addressable Reachable. When something is addressable, it can be identified and manipulated independently of its surroundings. For example, screen pixels and RAM memory are addressable. Each of the screen's picture elements can be individually turned on and off, and each of the memory's bytes can be market for the Autobex.com e-marketplace. e-Commerce Customization In addition to time and dollar savings, Autobex.com also offers customization options to enable automotive retailers to include their favorite vendors and install procurement tracking and controls. Using Commerce One's Net Market Maker Solution and Autobex.com's professional support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , retailers can easily add local suppliers such as towing, landscaping and coffee services to create their own customized version of the Autobex.com market. In addition, retailers can take advantage of the business rules feature of Buysite to automatically track and control purchases within their organization. About Autobex.com Autobex.com, Inc. is the leader in supply chain e-commerce solutions for the automotive industry. Providing e-Content Engineering, e-Market Construction and e-Market Operations services, Autobex.com enables automotive industry suppliers, retailers, service centers and fleet operators to rapidly leverage the power of electronic commerce to improve both productivity and profitability. Serving automotive retailers, the Autobex.com market is the first market designed, constructed and operated by Fort Lauderdale, Florida-based Autobex.com, Inc. Autobex.com is backed by the Reston, Virginia-based venture capital firm Draper Atlantic. Contact Autobex.com at 954.578.8044 or via the Internet at www.autobex.com. |
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