Fortune 300 Sonic Automotive, Inc. to Install aaXchange(R) Software at 177 Franchises Nationwide.DEERFIELD BEACH Deerfield Beach, town (1990 pop. 46,325), Broward co., SE Fla., on the Atlantic coast; inc. 1925. The development of high-technology industry and commerce expanded the town and more than doubled its population between 1970 and 1990. , Fla. -- Fortune 300 company Sonic Automotive Sonic Automotive, Inc. (NYSE: SAH) is a fortune 300 company based in Charlotte, North Carolina and is one of the largest automotive retailers in the United States. The company was founded by NASCAR track owner Bruton Smith. , Inc., one of the United States' largest automotive retailers, will be implementing the latest in technological innovation in each of its 177 dealership franchises nationwide through an agreement with automotive software Automotive software is a software driving a microcontroller within automobiles. These microcontrollers are usually specific to automotive applications usually containing integrated bus transceivers interfaces for bus systems like LIN, CAN, MOST, LAN among others. company American Auto Exchange, Inc. (aaXchange(R)). aaXchange, part of the JMsolutions(TM) suite of technology products and services, and a division of diversified automotive company JM Family Enterprises, Inc., provides specialized software programs designed to create optimum efficiencies in inventory management and other key areas of a dealership's business. Sonic Automotive will install aaXchange's premiere product, the Vehicle Management System (VMS (1) (Virtual Memory System) A multiuser, multitasking, virtual memory operating system for the VAX series from Digital. VMS applications run on any VAX from the MicroVAX to the largest unit. See OpenVMS. ), at each of its dealership franchises across 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. . "This is not just another software product - it's a significantly improved management tool that we've selected to manage our entire inventory process," said Jeffrey C. Rachor, Sonic's president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "We fully expect that aaXchange will enable our dealerships to make better informed decisions that will result in incremental sales and profitability. The aaXchange technology compliments our focus on standardization of operating processes across our organization. "aaXchange solutions are retail focused and compliment Sonic's existing inventory management strategies to improve inventory velocity and margin while satisfying our customers' needs and expectations," said Jeff Dyke, Sonic's vice president of Retail Strategy. "aaXchange provides the leadership, products and relationship necessary to achieve the levels of success we desire from our vehicle operations." The VMS system enables used vehicle departments to perform fast, up-to-date market appraisals, identify single point and dealer group sales Group sales Block sale (of large amounts) of securities to institutional investors. group sales The distribution of a new security issue to institutional clients. trends and ascertain immediate reporting and buy/sell recommendations. VMS benefits the new car department by providing an in depth analysis around the exact status of a models ideal stocking level on that dealership lot. "We are absolutely thrilled that Sonic has selected JMsolutions and aaXchange to be the solution provider for such a critical area of their business," said Scott Barrett Scott Barrett is a professor of political science at Johns Hopkins University. There, he holds the title of Director of the International Policy Program and Professor of Environmental Economics & International Political Economy. , president of JMsolutions. "The VMS system will assist Sonic's personnel in making fact-based decisions as they manage their new and used vehicle inventory. We are proud of this new alliance with Sonic to support their needs." About Sonic Automotive, Inc. Sonic Automotive, Inc., a Fortune 300 company based in Charlotte, N.C., is one of the largest automotive retailers in the United States, operating 177 franchises and 38 collision repair centers. Sonic can be reached on the Web at http://www.sonicautomotive.com. About American Auto Exchange American Auto Exchange, Inc. (aaXchange(R)), (www.aaxchange.com). a JM Family Enterprises, Inc. (JMFE) company, and part of the JMsolutions(TM) suite of technology products and services, is poised to prepare your used vehicle operations for increased performance and profitability. Headquartered in Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation). The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. , aaXchange is an innovative automotive software development company whose primary focus is dedicated to streamlining new and used vehicle operations, inventory optimization, and vehicle purchase and disposal. aaXchange has a client base of approximately 1,000 dealerships and automotive groups nationwide. About JMsolutions(TM) A division of diversified automotive company JM Family Enterprises, Inc. (JMFE), JMsolutions (www.jmfe-jmsolutions.com) acquires, creates and markets innovative software systems to help automotive dealers improve operational efficiencies while maximizing sales. Building on JMFE's tradition of establishing businesses that provide premier products and 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. and beyond, JMsolutions focuses on inventory optimization, technology integration, finance and insurance menu, dealer desking and reporting solutions. Headquartered in Deerfield Beach, Fla., JMsolutions has major operations in Dallas, Texas. About JM Family Enterprises, Inc. JM Family Enterprises, Inc. (JMFE) (www.jmfamily.com), with revenues exceeding $9 billion, is a diversified automotive company ranked by Forbes as the 17th largest privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. in the U.S. It is currently ranked No. 40 by a survey in FORTUNE(R) magazine of the 100 Best Companies to Work For in America and No. 77 on the InformationWeek 500 listing of the nation's leading information technology innovators. JMFE's primary subsidiaries and divisions include: Southeast Toyota Distributors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (SET), World Omni Financial Corp., JM&A Group, JM Service Center, JMsolutions and JM Lexus. Headquartered in Deerfield Beach, Fla., JMFE has major operations in Jacksonville, Fla., Mobile, Ala., Commerce and Alpharetta, Ga., and St. Louis, Mo. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion