DealerTrack Holdings, Inc. (NASDAQ:TRAK) held a conference call on February 10, 2010 to discuss the company’s relationship with GMAC Financial Services. The conference call reviewed the company’s long term agreement with GMAC, which will be listed as a financing option on the DealerTrack credit application processing network. The call was hosted by mark O’Neil, DealerTrack Chairman and Chief Executive Officer, and Eric Jacobs, Chief Financial and Administrative Officer. A 2010 guidance was also provided during the call. A webcast of the conference is available online at http://www.dealertrack.com/.
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DealerTrack Holdings, Inc. is a holding company. The Company is a provider of on-demand software and data solutions for the automotive retail industry in the United States. Using the Internet, the Company has built a network connecting automotive dealers with banks, finance companies, credit unions and other financing sources, and other service and information providers, such as aftermarket providers and credit reporting agencies. During the year ended December 31, 2008, it has established a network of relationships in the United States consisted of over 19,000 dealers, over 730 financing sources and many other service and information providers to the automotive retail industry. Its subsidiaries include Automotive Lease Guide (alg), Inc., Chrome Systems, Inc., DealerTrack AAX, Inc., DealerTrack Aftermarket Services, Inc., DealerTrack Canada, Inc., DealerTrack Digital Services, Inc., DealerTrack, Inc., and DealerTrack Systems, Inc.
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