August 16, 2000 |
Autobytel.com Inc.'s chief operating officer has resigned to form a consulting company, and the Irvine Internet car-shopping service said it will be her first client. Ann Delligatta, 53, joined Autobytel.com in 1997 as chief technical officer and in 1998 was promoted to chief operating officer. The company hasn't yet named a replacement and Delligatta will continue many of her former duties as a consultant, spokeswoman Betsy Isroelit said Tuesday. Autobytel.
July 28, 2000
The Irvine-based Internet car shopping service said its second-quarter losses widened while revenue surged 86%. The company said it lost $9.8 million, or 48 cents a share, compared with a net loss of $6 million, or 33 cents a share, in the same quarter a year ago. Revenue climbed to $17.1 million from $9.2 million.
June 17, 2000
Autobytel.com Inc., the Irvine automotive electronic commerce company, said Friday that it has named Amit Kothari as interim chief financial officer, replacing Hoshi Printer, who will leave the company June 30. Autobytel said in a press release that Printer is leaving to become executive vice president and chief financial officer at BestOffer.com. (Dow Jones)
May 26, 2000 |
Autobytel.com Inc. founder Peter Ellis, who has seen shares in his Internet car-shopping service drop more than 56% this year, said he may take action toward "increasing shareholder value" at the company's annual meeting next month. Ellis said he may "submit one or more proposals for shareholder action" at the Irvine firm's annual meeting June 15, according to a document he filed Thursday with the Securities and Exchange Commission. Ellis, who started the company in 1995 and owns 9.
April 7, 2000 |
Autobytel.com said Thursday that its financial results should exceed analysts' expectations. The Irvine online auto seller said it expects to report losses of 43 cents to 45 cents a share on revenue of $14.5 million to $15 million. Analysts were expecting a loss of 48 cents a share on revenue of $13.4 million, the company said. The company said marketing and sales expenses for the quarter were lower than expected. The results will include revenue and expenses from CarSmart.
March 29, 2000 |
Internet car-shopping service Autobytel.com Inc. said Tuesday its affiliated dealers generated more than $3.4 billion in sales this quarter, up 26% from the first quarter last year. The Irvine company couldn't say how much revenue it would receive from the transactions, but said its Autobytel.com and CarSmart.com Web sites are expected to attract more than 3 million users this quarter.
March 23, 2000 | ,
Online car-sales leader Autobytel.com Inc. in Irvine has taken a bold but risky step to close its customer gender gap by adding a feature in its Web site tailored just for women. The move is a first in the fast-growing online car-sales industry and is being closely watched by rivals who wonder whether the gamble is worth the possible backlash it could set off. Autobytel.
March 23, 2000 |
Online car-sales leader Autobytel.com Inc. in Irvine has taken a bold but risky step to close its customer gender gap by adding a feature in its Web site tailored just for women. The move is a first in the fast-growing online car industry and is being closely watched by rivals who wonder whether the gamble is worth the possible backlash it could set off. Autobytel.
February 17, 2000 |
Autobytel.com Inc., the Irvine provider of car-buying services on the Internet, said Wednesday that it has completed its acquisition of CarSmart.com for $23 million in stock and cash. Autobytel, which made the purchase to expand its business, said it paid $3 million in cash and exchanged 1.8 million of its shares, valued at $20 million based on Tuesday's closing price of $11.13, for all the shares of CarSmart.com's owner, A.I.N. Corp. CarSmart.
January 24, 2000 |
Online auto referral service Autobytel.com Inc. will launch a new direct-purchase program today that will make buying cars as easy as buying books online. With the nationwide direct-to-consumer buying program, Irvine-based Autobytel said it will offer consumers access to millions of vehicles--and the sticker price for each--from dealers nationwide.