Autoweb.com and AIC Recognized by Consumer Reports as Leaders Within the Online Automotive Space
SANTA CLARA, Calif.--March 15, 2001--This month, Consumer Reports' Annual Automotive Issue identified both Autoweb.com and Autoweb's Automotive Information Center (www.autosite.com) among the most consumer-friendly online automotive destinations for comparing, purchasing or leasing vehicles.
The announcement reconfirms Autoweb as a leading consumer automotive Internet service, with industry-leading tools and research.
Autoweb.com (www.autoweb.com) was listed by the publication as one of the best places to start when leasing or buying a new automobile with its unique lease-vs-buy comparison tool. In addition, www.autosite.com (the site for Autoweb.com Inc.'s Automotive Information Center) was listed among the best places to start for model information and vehicle comparisons.
Consumer Reports is produced by a third-party, non-profit organization that builds trust with consumers by accepting no advertising.
"We are thrilled to be recognized by Consumer Reports' Automotive Report," said Jeffrey Schwartz, CEO of Autoweb.com. "The mantra behind Autoweb is to facilitate the vehicle-buying experience for the consumer with best-in-class technology, tools and research, so we view this particular acknowledgement as the ultimate compliment for our efforts."
About Automotive Information Center (AIC)
The Automotive Information Center (AIC) division of Autoweb is the leading provider of automotive content, data and intelligent tools used to power Internet services, portals and manufacturer web sites. AIC researchers rely on decades of industry experience to create the most accurate, comprehensive and up-to-date research platform in the business. All AIC data and tools feature our unique optimal price capabilities, which enable consumers to configure and compare vehicles on the basis of lowest possible price.
Through Autoweb's data, technology and tools, visitors to sites powered by the AIC technology are able to configure a vehicle by manufacturer, make, model, trim specifications and other option packages, as well as perform side-by-side competitive vehicle comparisons. This proprietary technology provides a competitive advantage for dealers and enhances the shopper's experience by offering realistic, actionable information.
About Autoweb
Autoweb is the leading automotive Internet service, guiding users through every stage of vehicle ownership. Through its direct and referral commerce channels, Autoweb offers consumers a variety of ways to purchase new and used vehicles in conjunction with vehicle manufacturers, local Member Dealers, and other commerce partners. The Company's Web site also provides consumers with a wide range of automotive-related products to support the complete lifecycle of the vehicle, including finance, insurance and maintenance. Autoweb features comprehensive, unbiased research from its Automotive Information Center (AIC) division.
Autoweb also continues to set the standard in the business-to-business marketplace by providing Web sites with the most advanced technology to view automotive information, and the most accurate and reliable automotive data and content. Currently, major automobile manufacturers, including BMW, DaimlerChrysler, Ford, General Motors, Honda and Toyota, use Autoweb's automotive data to power their sites. The major consumer portals also use Autoweb's content and technology, including AOL, Lycos, MSN Carpoint and GO. AIC AutoSuite is highly configurable for any individual AIC customer, as the interface can match any look and feel, while vehicles (both target and competitor) and specific features can be limited to any selection desired. For more information, please visit http://www.autoweb.com and http://www.autosite.com.