Cox Automotive Reinforces Commitment to NIADA, Independent Dealers

Relationship Expands as Seven Cox Brands Earn Association's National Corporate Partnership Designation

Arlington, Texas (April 7, 2016) -- Demonstrating industry leadership and its commitment to independent used vehicle dealers, Cox Automotive, a provider of products and services spanning the automotive ecosystem, has expanded its partnership with the National Independent Automobile Dealers Association through NIADA's National Corporate Partner program.

Seven Cox Automotive brands – including, for the first time, Manheim, the nation's largest wholesale vehicle auction provider – have been designated as National Corporate Partners for 2016. Six of the brands are Diamond-level NCPs, the highest partnership level.

"NIADA is beyond thrilled about expanding our relationship with Cox Automotive and strengthening our ongoing efforts to better serve the independent automotive industry through the several Cox Automotive brands," NIADA CEO Steve Jordan said.

"NIADA dealers and members are committed to providing a better buying experience for their customers and offering top-tier service, much like the Cox Automotive philosophy. This evolving partnership gives our members and the industry strategic access to the world-class suite of Cox Automotive products, services and brands and will allow our dealers to continue to lead their communities as best-in-class business operators. And that is really exciting."

Autotrader, NextGear Capital and vAuto renewed as Diamond-level partners and have been joined by new Diamond partners Manheim, Alliance Inspection Management and Dealertrack. In addition, Go Financial has teamed with NIADA for the first time as a Bronze-level NCP.

"Independent dealers represent the backbone of the used vehicle industry," Manheim North America president Janet Barnard said. "Through this partnership, Cox Automotive will broaden its support of independent dealers through training, education and consulting services, helping to further their business success."

About Cox Automotive

Cox Automotive, Inc. is transforming the way the world buys, sells and owns cars with industry-leading digital marketing, software, financial, wholesale and e-commerce solutions for consumers, dealers, manufacturers and the overall automotive ecosystem worldwide. Committed to open choice and dedicated to strong partnerships, the Cox Automotive family includes Autotrader®, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, vAuto®, Xtime® and a host of other brands. The global company has nearly 30,000 team members in more than 200 locations and is partner to more than 40,000 auto dealers, as well as most major automobile manufacturers, while engaging U.S. consumer car buyers with the most recognized media brands in the industry. Cox Automotive is a subsidiary of Cox Enterprises, Inc., an Atlanta-based company with revenues of $18 billion and approximately 55,000 employees. Cox Enterprises' other major operating subsidiaries include Cox Communications and Cox Media Group. For more information about Cox Automotive, visit www.coxautoinc.com.

About NIADA

The National Independent Automobile Dealers Association (NIADA) is among the nation's largest trade associations, representing the used motor vehicle industry comprised of more than 38,000 licensed used car dealers. Since 1946, NIADA has represented the voice and interests of used car dealers at the federal level in Washington D.C. Coupled with its state association network across the country, NIADA's grass-roots framework provides a dual layer of advocacy unmatched in the used motor vehicle industry.

For 70 years, NIADA has engineered programs and leveraged technology to fulfill its mission to advance, educate and promote the independent used car dealer. NIADA members subscribe to a strict Code of Ethics of duty, honor and integrity, and believe in the advancement of small business in support of the free-market system. More information about NIADA programs and educational opportunities is available at www.niada.com, and www.niada.tv.