Priceline.com Releases Top 10 New Car Models and Makes for August 2000
7 September 2000
Priceline.com Releases Top 10 New Car Models and Makes for August 2000
NORWALK, Conn.--Sept. 7, 2000--Priceline.com released today the top 10 selling vehicles for August sold through priceline.com Auto Services, LLC, a wholly owned subsidiary of priceline.com.
The August 2000 Priceline Auto Services Top 10 Cars Sold
August Ranking July Ranking
Honda Accord 1 1
Honda Civic 2 2
Volkswagen Jetta 3 5
Acura 3.2 TL/CL 4 6
Honda Odyssey 5 3
Toyota Camry 6 NJ
Toyota Corolla 7 NJ
Ford F-150 8 NJ
Ford Superduty F-250/350 9 NJ
Toyota Avalon 10 NJ
NJ - Did not make July list.
Priceline Auto Services' Top 10 Makes For August 2000
1. Honda
2. Toyota
3. Ford
4. Volkswagen
5. Chevrolet
6. Acura
7. Nissan
8. Subaru
9. Chrysler
10. Lexus
"Ford continues to be the strongest seller among Detroit's Big Three through priceline.com, placing its F-150 and SuperDuty F-250/350 models in our top ten list," said Maryann Keller, president of priceline.com Auto Services. "Not appearing in this month's list because of limited dealer inventory, but nevertheless receiving strong interest from customers are several new hot models, including the 2001 BMW 330, the brand-new Mazda Tribute and the Chrysler PT Cruiser."
About priceline.com
Priceline.com is the Name Your Own Price(sm) Internet pricing system that provides services across four broad product categories: a travel service that offers leisure airline tickets, hotel rooms and rental cars; a personal finance service that offers home mortgages, refinancing and home equity loans through an independent licensee; an automotive service that offers new cars; and a telecommunications service that offers long distance calling services. Priceline.com licenses its business model to independent licensees, including Priceline WebHouse Club, Inc., which offers a Name Your Own Price service for groceries and gasoline; pricelinemortgage, Priceline Perfect YardSale, Inc., a local-market, consumer-to-consumer selling service, and certain international licensees.
In these arrangements, priceline.com generally receives royalties for licensing its intellectual property. Priceline.com also holds securities carrying the right to purchase a significant equity stake in the licensees under certain conditions. Unless those rights are exercised, the results of licensee operations will not be included in priceline.com's financial statements.
Priceline.com information about forward looking-statements
This press release may contain forward-looking statements. Expressions of future goals and similar expressions including, without limitation, "may," "will," "should," "could," "expects," "does not currently expect," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," reflecting something other than historical fact are intended to identify forward-looking statements. The following factors, among others, could cause the Company's actual results to differ materially from those described in the forward-looking statements: inability to successfully expand the Company's business model both horizontally and geographically; management of the Company's rapid growth; adverse changes in the Company's relationships with airlines and other product and service providers; systems-related failures; the Company's ability to protect its intellectual property rights; the effects of increased competition; losses by the Company and its licensees; legal and regulatory risks and the ability to attract and retain qualified personnel. For a detailed discussion of these and other factors that could cause the Company's actual results to differ materially from those described in the forward-looking statements, please refer to the Company's most recent Form 10-Q and Form 10-K filings with the Securities and Exchange Commission.