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Automotive Retailers: Will Traditional Dealers Go the Way of Tail Fins?

9 March 2000

The Internet Analyst News - Automotive Retailers: Will Traditional Dealers Go the Way of Tail Fins?

    NEW YORK--March 8, 2000--The first-mover buying services, like Autoweb.com and Autobytel.com , originally served as little more than intermediaries, providing a Web portal and then selling leads to dealers. What really worries retailers, though, is the sudden move by carmakers like Ford Motor and General Motors to set up their own online operations. General Motors operates more than 100 corporate-owned Web sites, and it recently inked deals with America Online (AOL) and free Internet Service Provider Netzero that should significantly expand its presence in cyberspace. Ford, meanwhile, has signed a deal with YAHOO! .
    To find out more about automotive retailers on the web, read the article in Multex.com's The Internet Analyst(SM), http://www.theinternetanalyst.com/min-tia/individual/000302sections/ connections.html

Companies profiled:

Autoweb.com http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=aweb

Autobytel.com http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=abtl

Ford Motor http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=f