Subaru of America, Inc. Selects DealerTrack as Its Dealer Finance System

    MELVILLE, N.Y.--Sept. 25, 2002--DealerTrack, Inc. announced today that Subaru of America, Inc. has selected DealerTrack(TM), the most widely used application and contracting system in the market, as its dealer finance tool of choice.
    Through DealerTrack, Subaru dealers can use the power of the Internet to connect to Subaru Auto Leasing, Ltd. and automate the auto leasing credit process.
    "The DealerTrack system will be a real advantage for Subaru dealers in facilitating lease approvals," said Tom Doll, Executive Vice President and CFO of Subaru of America, Inc. "This is a great way to enhance the sales experience for our customers as well. We are pleased to have DealerTrack as our partner."
    By partnering with DealerTrack, Subaru of America, Inc. can provide its dealers with the ability to obtain fast and convenient online information and credit decisions. This innovative technology instantly and electronically connects a dealer to the Subaru Auto Leasing, Ltd. decision system via the Internet. The service is available 24 hours a day, seven days a week, accelerating the credit application approval process from hours to minutes. Dealers will also gain access to a range of additional services offered by DealerTrack, including credit bureau reports and online rate sheets.
    "DealerTrack is pleased to have Subaru select us as their dealer finance solution," said Mark O'Neil, DealerTrack's President and Chief Executive Officer. "Our unique blend of state-of-the-art technology and functionality will enable Subaru to enhance customer service and convenience, as well as improve its efficiency. We look forward to working with Subaru of America, Inc., and to helping Subaru deliver the highest quality service to their dealers."

    About DealerTrack, Inc.
    DealerTrack, Inc. is the leading technology services company enabling finance transactions between automobile dealers and lenders. The company provides an impartial, end-to-end loan and lease transaction channel that improves efficiency and profitability for lenders and dealers by automating credit processes, speeding lending communications and minimizing transaction expense through the use of the Internet. More than 16,000 dealerships nationwide have chosen the DealerTrack system to electronically communicate and transact with their lenders.
    For more information about DealerTrack, please contact Stacey Chosed, 631/486-1696 or stacey.chosed@dealertrack.com. Auto dealers may contact DealerTrack at 877/357-8725; lenders may contact Rich McLeer, National Alliance Manager, 631/486-1649 or richard.mcleer@dealertrack.com.

    About Subaru of America, Inc.
    Subaru of America, Inc. is a wholly-owned subsidiary of Fuji Heavy Industries Ltd. of Japan. Headquartered near Philadelphia, the company markets and distributes Subaru vehicles, parts and accessories through a network of nearly 600 dealers across the United States. Over the past nine years, the company has achieved year-over-year sales increases thanks to its popular line of all-wheel drive vehicles.