The Auto Channel
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The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

New car sales up a 340% in 2001

MISSISSAUGA, ON, Dec. 6 /CNW/ - CCC Internet Solutions Inc., a publicly traded company (CDNX-CIS), operators of a unique automotive website at www.carcostcanada.com, the leading Internet source for Canadian automotive dealer invoice cost pricing information, is pleased to announce that new car sales to CCC members are up 340% from January 1, 2001 to November 30, 2001. CCC membership sales for the period from January 1, 2001 to November 30, 2001 totaled 10,757 vs. 3,653 for the same period last year, an increase of 340%. "We also hit a major milestone on November 25, 2001 by selling our 15,000th membership since going live in October of 1999." stated Paul Timoteo, President, CCC Internet Solutions Inc.

CCC members last year represented only one out of every 423 new car buyers. This year CCC members represented one out of every 137 new car buyers. During the month of November 2001 with record new car sales in Canada of 130,026, CCC membership sales totaled 1,208 or 1 in every 108 new car buyers. "I believe that the numbers clearly prove that our members are making a significant impact on the new car buying front. Our goal of impacting 1 in every 100 new car buyers is well within reach as we continue to get the message out."

Based in Mississauga, Ontario, CCC Internet Solutions Inc is a full service I.T. solutions company specializing in developing Internet-based money saving solutions for the consumer as well as corporations throughout Canada.

Mr. Timoteo has recently been quoted in many newspaper articles throughout the country and is scheduled to appear on ROB-TV's The Bottom line with Michael Vaughan tonight, December 06, 2001, at 6 PM EST. The show will also be rerun on Saturday at 1AM and 6PM EST as well as on Sunday at 3PM EST.