The Car and Truck Fleet and Leasing Management Magazine

AutoTradeCenter Reaches Milestone of Number of Vehicles Sold via Internet

January 15, 2002

AutoTradeCenter announced it has reached its objective of achieving positive earnings before interest, taxes, depreciation and amortization (EBITDA) by Dec. 31, 2001. Record vehicle sales on the company’s branded Web sites in 2001 marked a 48-percent increase over 2000. Gross revenues for the quarter ending Dec. 31, 2001, were up over 200 percent for the same period last year.The company’s complete third-quarter results for the period ending Dec. 31, 2001, is expected to be released mid-February 2002. The company’s 10Q filing with the SEC can be accessed through the EDGAR reporting system located at 222.sec.gov. The company’s financial statements are posted in the Investor Relations section on its Web site www.autotradecenter.com.AutoTradeCenter (ATC) is an Internet-based “business-to-business” automotive remarketing company. The company markets its services to automobile manufacturers, captive finance companies, lease and rental companies, and financial institutions across the U.S. ATC powers the American Honda Finance Corp.’s Vehicle Inter-Dealer Purchase System (VIPS), the American Suzuki Motor Corp.’s PROline, and Volvo Finance North America’s Remarketing Internet Database Explorer (VolvoRIDE) using Internet technology and remarketing services. For more information on AutoTradeCenter.com Inc., visit http://www.autotradecenter.com/ or contact Public Relations at [email protected]
Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

FleetFAQ

Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All

 

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All

 

Sponsored by

Started in 2004, SmartWay is an EPA program designed to help organiztions reduce transportation-related emissions by creating incentives to improve supply chain fuel efficiency.

Read more

Up Next

More From The World's Largest Fleet Publisher