AutoConnect and @Home Network Sign Exclusive Agreement -- Online Auto Sales
biz.yahoo.com
>>As part of the agreement, AutoConnect will be the anchor tenant in the automotive section of @Home's Shopping Channel. After the service is launched, @Home subscribers will be able to shop AutoConnect's inventory of hundreds of thousands of pre-owned cars and trucks, as well as obtain auto accessories, financing, insurance, consumer information and other auto related products and services. @Home's high-speed network, which is up to 100 times faster than traditional Internet connections, will also allow AutoConnect to expand its online capabilities with features unique to the broadband environment.
Cox Enterprises, a $4.9 billion media company based in Atlanta, has an equity investment in both AutoConnect and @Home Network. This agreement reflects the continued synergy between Cox's entries in the online arena, which includes Cox Interactive Media, creators of specialty and city sites in more than 25 markets across the United States. AutoConnect is a joint venture between Cox's Manheim Auctions and the Dealer Services Group of Automatic Data Processing, Inc. (ADP).<< |
