Dealertrack’s incadea Expands Reach into Strategic Global Markets with incadea.myengine DMS
July 29 2015 - 7:00AM
Business Wire
Leading Automakers and Dealer Groups Select
incadea’s DMS for Multi-National Scalability, Simplicity and
Single-Platform Approach
Dealertrack Technologies (Nasdaq:TRAK) today announced it has
secured several customer wins with some of the world’s most
recognized automakers and dealer groups for its incadea.myengine
automotive DMS solution. Munich-based incadea will strengthen its
presence in several growth markets, including Europe, Africa and
Latin America, by leveraging the uniquely competitive value of its
Microsoft Dynamics NAV 2013-based scalable DMS solution.
“Global automotive retail is maturing at a rapid rate, and OEMs
are looking for solutions that support localized needs in emerging
markets, but also provide a consolidated view of their
international dealer networks,” said Patrick Katenkamp, chief
executive officer of incadea. “Dealertrack’s incadea solutions were
specifically designed to drive and streamline the international
retail strategies of OEMs. Our recent wins across the globe
underscore our vision for the industry, and provide a strong
opportunity for market penetration of additional products and
solutions, such as digital marketing.”
Incadea’s global DMS system - incadea.myengine - removes the
complexities OEMs encounter when expanding or entering into
emerging markets because of its ability to support multiple
currencies, branches, languages, and vehicles makes and models
within a single platform. It provides international OEMs with an
innovative, simplified approach to consolidating and scaling their
operations worldwide.
The latest regional and worldwide OEMs and major dealer
groups who have embraced incadea’s DMS solution include:
- Africa - A leading global
trading and distribution company will implement incadea.myengine to
11 importers in Africa.
- Asia Pacific – A leading OEM in
Asia Pacific will begin a pilot project for the latest version of
incadea’s DMS.
- Brazil, Mozambique and Portugal
- A major Portuguese dealer group will implement
incadea.myengine across its outlets in Brazil, Mozambique and
Portugal.
- Czech Republic - incadea’s
certified partner, Webcom, integrated Daimler’s aftersales
application, Xentry Portal Pro, with incadea.myengine.
- In addition, the Daimler International
Make Layer (IML) developed by incadea specifically for Daimler,
will expand to connect to 19 more interfaces/systems. The Daimler
IML is designed to allow seamless communication between the DMS and
the OEM’s systems.
- Ecuador and Uruguay - Daimler
Importers Worldwide will implement incadea’s DMS solutions in
Ecuador and Uruguay.
- Middle East - One of the major
Middle East-based automotive dealership groups has signed a
contract to implement the incadea.myengine dealer management
solution at its regional rooftops, including accounting and central
functions, for more than 500 end users. A main automotive brand of
this group is General Motors.
- Netherlands - New agreements in
the Netherlands include contracts with major dealer groups covering
Mercedes trucks, Opel, PSA and Citroen.
“These wins present valuable opportunities for Dealertrack to
help evolve the automotive retailing industry on a multi-national
level,” added Katenkamp. “We are confident we have the advanced
technology approach that OEMs are looking for to help them drive
their businesses forward, both locally and globally.”
About incadea
incadea, a Dealertrack (Nasdaq: TRAK) solution, is a leading
international provider of software solutions and services to the
global automotive retail and wholesale market. incadea addresses
the needs of this industry by offering global solutions with
state-of-the-art innovation and local execution capabilities.
Products include dealer management, business intelligence, and
customer and vehicle relationship management solutions, based on
the latest Microsoft Dynamic technology. These are used by
multinational car manufacturers, Original Equipment Manufacturers
(“OEMs”) and their dealership networks. Through continuing global
expansion, incadea serves more than 83,000 end users in 90
countries around the globe. Headquartered in Germany, incadea has
offices in Austria, Greece, Spain, Portugal, Russia, China, Japan,
India, Taiwan, Mexico and New Zealand. incadea has a network of
worldwide certified channel partners, and its range of blue chip
customers include over 50 OEMs such as BMW, Toyota, Volkswagen,
Peugeot/Citroën, Ford, Scania and Mercedes-Benz.
About Dealertrack Technologies
(www.dealertrack.com)
Dealertrack Technologies’ intuitive and high-value web-based
software solutions and services enhance efficiency and
profitability for all major segments of the automotive retail
industry, including dealers, lenders, vehicle manufacturers,
third-party retailers, agents and aftermarket providers. In
addition to the industry’s largest online credit application
network, connecting more than 20,000 dealers with more than 1,500
lenders, Dealertrack Technologies delivers the industry’s most
comprehensive solution set for automotive retailers, including
Dealer Management System (DMS),
Inventory, Sales and F&I, Digital Marketing and Registration
and Titling solutions.
Safe Harbor for Forward-Looking and Cautionary
Statements
Statements in this press release regarding the benefits of
Dealertrack's solutions, any conclusions or statements based
thereon and all other statements in this release other than the
recitation of historical facts are forward-looking statements (as
defined in the Private Securities Litigation Reform Act of 1995).
These statements involve a number of risks, uncertainties and other
factors that could cause actual results, performance or
achievements of Dealertrack Technologies to be materially
different from any future results, performance or achievements
expressed or implied by these forward-looking statements.
Factors that might cause such a difference include the
performance and acceptance of the Dealertrack solutions,
the performance of Dealertrack's third-party partners, and other
risks listed in our reports filed with the Securities and
Exchange Commission (SEC), including our Annual Report on Form
10-K for the year ending December 31, 2014 and our
Quarterly Reports on Form 10-Q. These filings can be found on
Dealertrack Technologies' website at
www.dealertrack.com and the SEC's website
at www.sec.gov. Forward-looking statements included
herein speak only as of the date hereof and Dealertrack
Technologies disclaims any obligation to revise or update such
statements to reflect events or circumstances after the date hereof
or to reflect the occurrence of unanticipated events or
circumstances.
TRAK-G
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version on businesswire.com: http://www.businesswire.com/news/home/20150729005211/en/
Media:Dealertrack TechnologiesAlison von Puschendorf,
(877) 327-8422 x7366alison.vonpuschendorf@dealertrack.comorincadeaIoanna Dimopoulou, +49 152
22836738Ioanna.Dimopoulou@incadea.com
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