An efficient way to put a dealership’s inventory in front of more consumers;

An effective way to put more consumers in touch with more cars

 Reynolds and Reynolds announced today the nationwide roll-out of a new product for automotive dealers and the car-buying public:  CarLocate.com, a car search portal designed to offer a better way for consumers to find a car they want to buy and to give dealerships another proven way to market their vehicle inventory to more consumers.  

“Reynolds designed and built this new product from the ground up to better connect the business needs of dealers with the car-buying needs of consumers,” said Trey Hiers, vice president of Corporate Marketing at Reynolds and Reynolds.  “We’ve taken our knowledge of automotive dealerships – and the entire car buying process – and applied that to the Web experience that consumers go through in searching for a car.”

CarLocate.com is available to dealerships that use the Reynolds POWER or ERA® dealership management system (DMS).  

“When you consider the substantial number of dealerships that operate on ERA or POWER, along with the aggregate inventories those dealers carry, we have an opportunity to put consumers in touch with a vast number of cars – and better choices for finding the car that matches best with what an individual consumer may want,” Hiers said.  

Hiers indicated the company has seen a strong initial response from dealers to partner with Reynolds on CarLocate.com, with nearly 3,500 dealerships already signed to use the site.  Reynolds currently is in the process of adding active inventory from these dealerships.

“CarLocate.com is one more advantage of being a Reynolds customer,” Hiers added.

Benefits for Dealerships

Eight out of ten car buyers typically shop online for a vehicle before visiting a dealership.  CarLocate.com is designed to help dealers reach consumers more cost-effectively and to extend the value of the dealer’s data in the DMS.

“Since Reynolds develops both the DMS software and the CarLocate.com site, we’re able to design the site and search features to make optimal use of vehicle data in the DMS,” Hiers said.  

Hiers also pointed to two other advantages that CarLocate.com offers for dealers: First, Internet leads from CarLocate.com are loaded automatically into the dealer’s customer relationship management tool.  Second, when a dealership updates its vehicle inventory in the DMS, the changes are seamlessly reflected on CarLocate.com.

“We’re not just another media company or Internet start-up looking for a way to replace classified ads or clicks, like many of the sites out there today,” Hiers said.  “We are experts in automotive retailing and in technology and in bringing the two together, which is what we’ve done with CarLocate.com.”

CarLocate.com is one of a number of new products that Reynolds has developed and launched this year.

“We’ve always believed in a strategy where we continue to invest in our business for the long term,” Hiers concluded.  “We’ve actually increased our focus on product development during this downturn.  That will put us in an even stronger position to help dealers grow their business once the recovery takes hold.  CarLocate.com is the latest example.”

Appeal for Consumers

CarLocate.com is built to offer consumers an appealing choice in car search portals.  The site features:    
A clean, uncluttered design that’s easy to navigate;  
A single focus on finding the right car;
More efficient vehicle search features to deliver results more closely tailored to what consumers want; and
Easy-to-use tools to narrow searches across more than a dozen specific attributes – location, car model, engine type, price, miles per gallon – or search on several attributes simultaneously.

Northwood Auto Show

The nationwide launch of CarLocate.com coincides with the 46th annual Northwood University International Auto Show, Oct. 2-4, where CarLocate.com is one of the featured booths.  The show, which is billed as the largest outdoor auto show in North America, expects some 50,000 visitors throughout the three-day event.  The opening ceremony and ribbon cutting are scheduled to feature Robert A. Lutz, vice chairman, marketing and communications, General Motors Company.

Reynolds has a longstanding, active relationship with Northwood University, dating back to 1975.

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About Reynolds and Reynolds

Reynolds and Reynolds is the automotive industry’s largest and most trusted provider of automobile dealership software, services, and forms to help dealerships improve business results.  The company is headquartered in Dayton, Ohio, with major operations in Houston and College Station, Texas, and Celina, Ohio.  (www.reyrey.com)

About CarLocate.com

CarLocate.com combines the best in search technology with the best in site design to make the experience of locating and buying a car simpler, easier, and more effective.  (www.carlocate.com or e-mail [email protected])  

CarLocate.com also can be found on:
Facebook: http://www.facebook.com/carlocate.com  
Twitter: http://www.twitter.com/carlocate  
YouTube: http://youtube.com/user/carlocate  

10/06/09

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