Kelley Blue Book
has recognised two Infiniti models as segment leaders in its five Year Cost to Own Awards.
US automotive advertising website Autotrader.com confirmed today it had agreed to take over car rating and pricing firm Kelley Blue Book
for an undisclosed sum in a bid to boost its advertising business.
"Following a disappointing March, we expect sales to get back on track in April with SAAR in the mid-17 million range," Tim Fleming, analyst for Kelley Blue Book
, said in an email.
Earlier, he was vice president of Business Development and Product Management at AutoTrader.com, where he spearheaded close to one billion dollars of acquisitions, including Kelley Blue Book
, vAuto, HomeNet and VinSolutions.
M2 EQUITYBITES-June 8, 2018-Autotrader, Kelley Blue Book
partner with LendingTree to provide auto lending options
Kelley Blue Book
, The Trusted Resource provides vehicle buyers and sellers with new and used vehicle information through its website, including software products and the Blue Book Official Guide.
The transaction is anticipated to close by the end of the year.Country: USA, Sector: Computer Software, Motor Vehicles, Computer Hardware, Business and Consumer ServicesTarget: CDM Dealer Services, Kelley Blue Book
Co Inc, CDMdataBuyer: Autotrader.com LLCDeal size in USD: 500mType: Corporate acquisitionStatus: Agreed, Speculation
"The Kelley Blue Book
brand image awards are significant because they're based on the perceptions of consumers actively looking to buy a new automobile," said Don Butler, vice president of Cadillac marketing.
Winning the Kelley Blue Book
award proves we have been successful, and this has been reinforced by the fantastic first half sales figures recorded in the Middle East." The 2+1 door hatchback continues Hyundai's Fluidic Sculpture design ethos, its flowing lines combining to create a distinctive form with strong proportions and an immediate sense of movement and balance.
16 September 2014 -- Atlanta US-based SunTrust Bank's (NYSE: STI) LightStream online consumer lending division said it has been confirmed as the exclusive online lender for California-based vehicle valuation and information source Kelley Blue Book
's KBB.com website.
Additionally, Kelley Blue Book
's kbb.com named it '2012 Best Redesigned Vehicle'.
Nerad, executive editorial director for Kelley Blue Book
, said the deal makes sense for both companies: for Fiat Chrysler, because it looks good to partner up with a Silicon Valley giant with deep pockets; and for Google, because it's picking a multi-passenger vehicle with an advanced power train.