DealerTrack Hits Milestone - 225 Active Financing Sources on Network

LAKE SUCCESS, N.Y. – Barely five months into 2006, and DealerTrack Holdings Inc. has achieved another milestone. The online network of dealers, financing sources and other providers said the number of active financing sources connected to DealerTrackT on-demand network has reached 225, up from 201 financing sources at the end of 2005. The company says over 80% of all franchised automotive dealers in the U.S. are active in the DealerTrack network. It counts 21,000 dealer customers who use DealerTrack to electronically submit credit applications to the automotive lending industry’s largest online network of automotive financing sources including nine captives, the 20 largest independents, credit unions and regional banks.