Auteo Media, Inc. AUTM, a leading provider of communication solutions to the automotive industry, announced today it has launched PartCart(TM), one of the largest automotive aftermarket accessory sites in the U.S.
The announcement was made at the Specialty Equipment Marketing Association meeting in Las Vegas.
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PartCart accesses over 1,000,000 parts from over 100 top automotive aftermarket manufacturers. “We have the same parts and better prices than most specialty auto part stores and e-commerce sites,” stated Steve Van Leeuwen, President and CEO of Auteo Media, Inc.
The Automotive Aftermarket Industry Association reported industry growth of 4% to $155 billion dollars in 1999. PartCart is poised to take advantage of that growth, selling quality, in-demand parts in a “no frills” setting, passing the savings to customers. “We have created an efficient sales and marketing model with gross profits falling to the bottom line since we do not inventory the product,” stated Van Leeuwen. Auteo Media has created alliances with the top auto part wholesaler in the U.S. in order to offer specialty parts at a fraction of the standard selling price to consumers, automotive dealer and service organizations.
PartCart carries complete lines of products from well-known companies as Hurst, Holley, Steel Horse and Warn. “Our auto part product line is perfect for e-commerce since the parts are not needed immediately, are priced higher at local stores and are typically special ordered anyway,” Van Leeuwen stated. Auteo Media operates four business units, in particular its automotive portal www.autoloco.com, accessing over 5 million new and used vehicles from over 20,000 dealerships. “PartCart is strategically ideal for Auteo, since we can cross-market at no cost to our national dealer database and to thousands of consumers visiting our Autoloco site.”
About Auteo Media, Inc.
Auteo Media, Inc., AUTM is a leading provider of online data and media solutions to buyers and sellers of autos and auto accessories. Auteo Media operates PocketAuto.com and Autoloco.com, providing one-stop convenience for consumers and dealers to locate and buy new and used vehicles. The Company recently introduced Contactauto.com, a proprietary contact management system to help auto dealers maximize e-commerce customer interactions. Auteo Media works with over 6000 auto dealerships, auto part suppliers and other commerce partners and is one of the leading communications companies serving the automotive industry. For more information, visit “http://www.auteo.com”target=”_blank”>www.auteo.com.
