Autobytel (NASDAQ:ABTLE)
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Satellite Radio Option on Vehicles Has More Than Tripled Over the
Past Three Years, According to Autobytel's AIC
New AIC Data Reports Also Uncover 21 Percent Decline in New Models in 2005 and
Sluggish Growth in Side Air Bags Option Since 2003
NEW ORLEANS, Jan. 30 /PRNewswire-FirstCall/ -- Autobytel Inc.'s (NASDAQ:ABTLE)
Automotive Information Center (AIC) division today released two new data
research reports, AIC Quarterly QuickView(1) and AIC New Vehicle Introduction
QuickList, featuring updated industry statistics on vehicle equipment and new
vehicle models. These new reports offer significant benefits for everyone from
product planners to dealers to marketing executives, providing easy-to-use
reference tools to help them do their jobs more effectively.
AIC Quarterly QuickView
AIC's Quarterly QuickView focuses on top trends in vehicle specifications, with
each quarter's results following one theme. For its premiere report, AIC
analysts studied emerging trends in vehicle equipment. One of the most
impressive areas of growth involves satellite radio. Though still not a common
"standard" feature, the appearance of satellite radio as an available "option"
has more than tripled over the past three years. In 2005, satellite radio is
listed as an option on 38.3 percent of all vehicles available for sale in the
U.S.
Separately, AIC analysts found there has been more contained growth in the past
three years in the number of vehicle trims available with side air bags. In
2005, 63 percent of all vehicles included side air bags as either a standard or
an optional feature. This number represents only a 16.8 percent increase from
2003 to 2005.
2005 AIC New Vehicle Introduction QuickList
The AIC New Vehicle Introduction QuickList is the first report in the industry
that offers manufacturers and dealers a guide that summarizes all new and
redesigned vehicles introduced at a trim-level for a given model year. This
report contains all pertinent information arranged according to make, model,
trim, body style, seating capacity, MSRP, destination charge, horsepower,
torque, and miles per gallon in both the city and highway.
Thus far in the 2005 Model Year, 56 new models have been introduced,
representing 221 new trims. In contrast, in 2004, there were 71 new models,
representing 292 new trims. This represents a 21 percent year over year
decrease in new model introductions.
In Model Year 2005, sedans and SUV body types represent the largest growth
areas, with each group expanding by 13 new models. Convertibles and coupes tied
for second, with each group expanding by eight new models.
"AIC has long been recognized for the value its data brings to the research and
sales process for both manufacturers and dealers," said Autobytel Inc.
President and CEO Jeffrey Schwartz. "The launch of AIC Quarterly QuickView and
the 2005 AIC New Vehicle Introduction QuickList confirm AIC's ongoing
commitment to providing tools that efficiently track changes in vehicle
equipment and allow our customers to react more quickly to emerging trends in
vehicle pricing and specifications."
A pioneer in providing the industry with vehicle specification data and
technology for manufacturers, dealers and suppliers, AIC manages and analyzes
up to 3.3 million data points for every vehicle sold in the U.S.
The AIC Quarterly QuickView and the 2005 New Vehicle Introduction QuickList
will be distributed to all AIC customers via email. At the 88th Annual NADA
Convention, AIC executives will be available at Autobytel Booth #4542 to answer
questions on both new research reports.(2)
(1) AIC Quarterly QuickView results are based on a study of all 1,671
vehicles available for sale in the U.S. (at the trim level)
(2) Autobytel executives are available for expert media commentary on what
these trends indicate and how they might play out in the industry as a
whole. To arrange an interview, please see the contacts below.
About Autobytel Inc.
Autobytel Inc. (NASDAQ:ABTLE), a leading Internet automotive marketing services
company, helps retailers sell cars and manufacturers build brands through
marketing, advertising, data and CRM (customer relationship management)
products and programs. The Company owns and operates the automotive websites
Autobytel.com, Autoweb.com, Car.com, Carsmart.com and AutoSite.com, as well as
AIC (Automotive Information Center), a trusted industry source of automotive
marketing data and technology for over 20 years. Autobytel is also a leader in
dealership lead management and CRM solutions and owns and operates AVV, Inc., a
top provider of dealership CRM and sales management products, and Retention
Performance Marketing, Inc. (RPM(R)), which powers dealerships with
cutting-edge customer loyalty and retention marketing programs. As the
Internet's largest new car buying service, Autobytel generates over a billion
dollars a month in car sales for dealers through its services and was the most
visited new car buying and research destination in 2004, reaching millions of
car shoppers as they made their vehicle buying decisions. Autobytel's
car-selling sites and lead management products are used by more of the nation's
top-100 e-dealers than any other program.
DATASOURCE: Autobytel Inc.
CONTACT: Melanie Webber of Autobytel Inc., +1-949-862-3023,
; or Rose Maciejewski, +1-312-953-1364,
, or Farhanaz Kermalli, +1-310-479-9929, ext. 107,
, both of Ruder Finn, for Autobytel Inc.
Web site: http://www.autobytel.com/
http://www.autoweb.com/
http://www.car.com/
http://www.carsmart.com/
http://www.autosite.com/