Monday, Jul. 24, 2006, 08:00 PM UPDATED 11:59 AMBy Nick Zulovich
LAKE SUCCESS, N.Y. (July 25, 2006) -- DealerTrack Aftermarket Services announced that Universal Warranty Corp. has joined DealerTrack's Aftermarket Network. UWC is a leading provider of vehicle service contracts and other F&I products.
According to executives, the DealerTrack Aftermarket Network offers real-time information on connected aftermarket vendors' products and services, with no charge to dealers. Other products remain in the pilot phase.
"We are very pleased to welcome Universal Warranty Corp. to the DealerTrack Aftermarket Network," said David Trinder, president of DealerTrack Aftermarket Services. "The DealerTrack Aftermarket Network will provide dealers with updated live information on available options for each vehicle and deal. It will also include categories of aftermarket products. From UWC's perspective, joining the network should help increase its market penetration and boost customer satisfaction, while reducing contract errors and administrative costs."
Jeff Moon, president of UWC, chimed in, saying, "We are excited about gaining access to such a wide-ranging group of dealers through the DealerTrack Aftermarket Network. Streamlining the process so that dealers can price and sell our products more efficiently is just another way we are demonstrating UWC's commitment to serving our customers."
In other recent news, DealerTrack announced that Michael Maledon, a consultant to Van Enterprises, and Gil Van Over, of gvo3 & Associates, has joined its DealerTrack Compliance Advisory Council.
The council was formed to assist the company in its efforts to educate dealers about compliance issues, along with helping the company to create additional products to better help dealers manage compliance risks.
"Dealers face a daunting challenge in trying to identify and interpret all the state and federal regulations that can impact their business every day," explained Mark O'Neil, chairman and chief executive officer of DealerTrack.
"Our compliance advisory council brings together experts with a broad range of experience in automotive compliance issues to help support our dealer customers in this rapidly changing environment. Mike Maledon will provide us with valuable insights from the perspective of one of the nation's largest dealership groups, which will be further enhanced by Gil Van Over's expertise in dealership risk management."
Maledon, general counsel to Automotive Investment Group, said, "With the continually evolving threats to consumer security and the frequent updates to privacy laws, dealers clearly need help navigating the compliance landscape. I am pleased to contribute by joining DealerTrack's Compliance Advisory Council."
As for Van Over, he said, "I am very pleased to join DealerTrack's Compliance Advisory Council, and I look forward to helping dealers to better understand the compliance risks they face and the concrete steps they can take to protect their businesses."