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Miller Advances to Build Key Automotive Alliances for CarsDirect.com

13 July 2000

Miller Advances to Build Key Automotive Alliances for CarsDirect.com

    LOS ANGELES--July 13, 2000--CarsDirect.com, a leading direct online automotive provider, today announced that Mark Miller has been named senior vice president of dealer and industry relations.
    In his new role, Miller will continue to build and maintain manufacturer and industry relationships, oversee transactions through dealerships, and establish and manage dealer priority supplier networks.
    "We're fortunate to have an automotive veteran of Mark's caliber to drive our industry agenda forward," said Bob Brisco, chief executive officer of CarsDirect.com.
    "Now that we've successfully built our network of 2,500 priority suppliers, we can add even more focus to ensuring strong ties with the automotive community and developing alliances that are beneficial to the manufacturer, dealer and consumer."
    Previously, Miller served as vice president of dealer and industry relations at CarsDirect.com, where he was instrumental in developing the 2,500-member CarsDirect.com Priority Dealer Network and in building the alliance with UnitedAuto Group Inc. and Penske Automotive Group Inc. (UAG/PAG).
    The UAG/PAG alliance enables CarsDirect.com to serve its customers more efficiently and conveniently with UnitedAuto Group's and Penske Automotive Group's expedited vehicle fulfillment and comprehensive customer-service capabilities.
    Prior to joining CarsDirect.com, Miller spent more than 20 years at Miller Automotive Group -- a privately owned retail automotive franchise group in Los Angeles -- where he served as chief operating officer and vice president.
    During his tenure as vice president and chief operating officer, Miller Automotive was consistently recognized as a leader in customer- satisfaction ratings, as well as one of the top 50 automobile dealer groups in the nation.

    About CarsDirect.com

    CarsDirect.com (http://www.carsdirect.com) is a leading direct online provider of new automobiles and related products and services, such as loan and lease financing and extended warranties.
    CarsDirect.com allows consumers to research, price, configure, order, purchase and finance a vehicle online. The company's user- friendly, intuitive Web site offers consumers product information for nearly every make, model and style of new automobile available in the United States today, as well as the ability to simultaneously compare the specifications of competing vehicles.
    CarsDirect.com offers an online shopping experience that features competitive, up-front, no-haggle pricing on new vehicles which, in many cases, can be delivered directly and conveniently to a consumer's home or office.
    The company sources vehicles through a priority dealer network of more than 2,500 automotive dealer franchises nationwide.