CarsDirect.com Signs Agreement With Cox Interactive Media; City Sites Gain Access to Comprehensive Online Car-Buying Service.Business Editors & Automotive/High-Tech Writers LOS ANGELES--(AutomotiveWire)--May 2, 2000 CarsDirect.com, the leading automotive e-tailer, announced that it has been selected as the new car-buying service for city sites operated by Cox Interactive Media (CIMedia). As part of the agreement, visitors to the local sites will have access to details and prices on more than 2,500 makes and models of new cars available through CarsDirect.com. Each city site will feature availability and specifics of new models via specially created co-branded areas. "This partnership with Cox Interactive will give us the ability to reach deeply into all of the markets served by their city sites," said Bob Brisco, 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. , CarsDirect.com. "Cox is committed to serving its many communities exceptionally well, and we are delighted to offer its customers a fast, easy way to find and buy a new car at a great price." CarsDirect.com's information will be available on the "Auto Channels" of the Cox Interactive Media sites later this month. "Giving users the ability to easily search for new cars in our markets will further enhance the value of our sites to our users," commented Dave Hills, vice president, sales. "Our goal is to help consumers better manage their busy lives. As support of this goal, new car shopping online from CarsDirect.com will be a great time saver and help our users better manage their car shopping needs." Visitors can obtain details on new cars available from CarsDirect.com through a comprehensive series of pull-down menus. CIMedia will feature this new content on city sites in its major markets including Atlanta; Charlotte, N.C.; Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. ; Hampton Roads Hampton Roads, roadstead, 4 mi (6.4 km) long and 40 ft (12.2 m) deep, SE Va., through which the waters of the James, Nansemond, and Elizabeth rivers pass into Chesapeake Bay. , Va.; Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. ; Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. ; Miami; New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded ; Omaha, Neb.; Orange County, Calif.; Orlando, Fla.; Phoenix; Pittsburgh; Providence, R.I.; San Diego; San Francisco; Seattle; Syracuse, N.Y.; Tampa, Fla.; West Palm Beach, Fla. and others. About CarsDirect.com CarsDirect.com (www.carsdirect.com), the leading automotive e-tailer, is the first nationwide online service that puts consumers in control of the total car-buying experience -- from research, pricing and customization to financing and delivery. With CarsDirect.com, car buyers can see and compare real, upfront prices on virtually every vehicle sold in the United States, obtain a loan or lease, place their orders directly online and arrange for home or office delivery. More than 2,500 franchised dealers are a part of CarsDirect.com's Priority Dealer Network. Based in Los Angeles, CarsDirect.com is an idealab! company. The company is also funded by idealab! Capital Partners, Primedia Ventures, Foundation Capital, MSD (MicroSoft Diagnostics) A utility that accompanied Windows 3.1 and DOS 6 that reported on the internal configuration of the PC. A variety of information on disks, video, drivers, IRQs and port addresses was provided. Capital LP, Goldman Sachs, Morgan Stanley Dean Witter, Hambrecht & Quist, E*O Investors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Oracle Corp., Liberty Digital, TMCT TMCT Trailer Mounted Communications Tower Ventures, L.P, Hikari Tsushin and Soros Private Equity Partners LLC. About Cox Interactive Media Cox Interactive Media (CIMedia) has built the highest-ranked network of city sites in the United States reaching 29 percent of the total adult population and 41 percent of adult Internet users. The network consists of 70 local sites across the country with 24 in the top 50 U.S. markets. CIMedia (www.cimedia.com), with headquarters in Atlanta, was launched in January 1997 and is a subsidiary of Cox Enterprises Inc. Cox Enterprises is one of the nation's leading media companies and operator of automobile auctions. In addition to CIMedia, major subsidiaries include Cox Newspapers, Inc. (newspapers, local and national direct mail advertising and customized newsletters); Cox Broadcasting, Inc., (TV, spot sales, television production, research and Cox Radio, Inc. (NYSE NYSE See: New York Stock Exchange :CXR CXR abbr. chest x-ray CXR, n chest x-ray; an image of the thoracic cavity, produced by an irradiation scan of the upper torso. )); Cox Communications, Inc. ((NYSE:COX) cable distribution, programming, telephone and high-speed Internet access services); Manheim Auctions, Inc., which operates auto auctions in North America, Europe and Australia; Cox Enterprises also owns an equity stake in a range of Internet businesses, including AutoTrader.com, the world's largest source of used car listings for dealers and consumers. |
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