Newspapers now compete with their clients...huh?
29 June 1999
It sounds alot like a foot being shot! Newspapers now compete with their dealers...huh?CHICAGO, June 29 -- Cars.com, the automotive industry's fastest growing Web site, today announced the expansion of its New York metro online presence by launching a co-branded version of its national Web site with two newspapers. Included in the co-branded sites are New York Today from The New York Times (http://www.nytoday.com) and Newsday (http://www.newsday.com). Cars.com will expand its New York area online presence even further by adding eight co-branded Web sites with New York and New Jersey-based newspapers by mid-July. The expansion will significantly increase the number of vehicles available to car shoppers in the New York and New Jersey area. Considering that more than half of car shoppers purchase vehicles within 20 miles from home, offering this localized vehicle inventory is a value-added benefit to online car shoppers. In addition, the co-branded sites offer the over 4 million adults online in the New York metropolitan area all the local information in one easy stop -- from news to one of the most expansive vehicle inventories in the area. "By partnering with the leading daily newspapers in the New York area, cars.com is able to create a strong local market community for car shoppers and participating dealerships," said Mitch Golub, general manager, cars.com. "The sheer number of online users in the New York and New Jersey area reveals the need for solid and useful online content. By co-branding with the most well-respected sites in the area, cars.com provides comprehensive local information online that fulfills the need of a very powerful market." Cars.com, which launched in June 1998, has co-branded sites with 71 newspaper Web sites across the country. By the fall of 1999, cars.com plans to have 130 co-branded newspaper Web sites.