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Autobytel Com Inc

BUSINESS
January 24, 2000 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
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.
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BUSINESS
October 8, 1999 | JONATHAN GAW, TIMES STAFF WRITER
Jumping into the hot market for auctions on the Internet, Irvine-based Autobytel.com Inc. said Thursday that it will become the first company to auction both new and used cars from its Web site. The auctioning of cars from both dealers and individuals comes as online auto sellers struggle to find the right strategy for selling vehicles on the Internet. Autobytel's decision pits it squarely against online auction giant EBay Inc. and other Web players, such as Amazon.
BUSINESS
October 6, 1999 | Bloomberg News
Autobytel.com Inc., an Internet automobile-dealer referral service, canceled its planned acquisition of the publisher of Chilton auto-repair manuals after Autobytel.com shares fell, cutting the purchase price 8% to $16 million. Autobytel.com said it called off the stock and cash acquisition in a one-sentence filing with the Securities and Exchange Commission and didn't specify a reason. The Irvine-based company couldn't be immediately reached to comment.
BUSINESS
September 16, 1999 | (Bloomberg News)
Autobytel.com Inc., an online automobile-dealer referral service, said Wednesday that it plans to open a German Web site late in the first half of 2000, moving into Europe's biggest auto market. Irvine-based Autobytel.com, which said it will broker $9 billion to $13 billion in sales this year, has already opened sites in Britain and Sweden and has plans to open sites in the other Scandinavian countries and Japan. The company may have problems entering Germany.
BUSINESS
August 2, 1999 | P.J. HUFFSTUTTER
If annual shareholders meetings are any indication of corporate culture, Irvine-based Autobytel.com Inc. appears to have the casual thing down. After all, this is a company founded by Pete Ellis, whose passion for surfing, hula and Woodies has spawned a companywide passion for Hawaiian shirts. The corporation even had its own customized Hawaiian shirt created, in which surfboard-toting cars all have the same license plate--"autobytel."
BUSINESS
July 5, 1999 | JONATHAN GAW, Jonathan Gaw covers technology and electronic commerce for The Times. He can be reached at (714) 966-7818 and at jonathan.gaw@latimes.com
The difference between a great Web site and the best Web site in automobile selling appears to be just how you ask the question. Last week, Gomez Advisors, a Concord, Mass.-based consulting firm that publishes scorecards on electronic commerce sites for various categories, released its first critique of online automobile sites, ranking Microsoft Corp.'s Carpoint No. 1, edging out Irvine-based Autobytel.com.
BUSINESS
July 5, 1999 | JONATHAN GAW
The difference between a great Web site and the best Web site in automobile selling appears to be just how you ask the question. Last week, Gomez Advisors, a Concord, Mass.-based consulting firm that publishes scorecards on electronic commerce sites for various categories, released its first critique of online automobile sites, ranking Microsoft Corp.'s Carpoint as No. 1, edging out Irvine-based Autobytel.com.
BUSINESS
June 17, 1999 | Jonathan Gaw
Irvine-based Autobytel.com Inc., an online automobile information firm, will expand into auto services on Monday, the company said. The expansion had been expected. Autobytel.com and its competitors have long promised to go beyond their initial mission of car-buying referrals and information and offer all manner of automobile services that a driver would want, from acquiring a vehicle to selling it and everything in between. Autobytel.
BUSINESS
June 7, 1999 | JONATHAN GAW, Jonathan Gaw covers technology and electronic commerce for The Times. He can be reached at (714) 966-7818 and at jonathan.gaw@latimes.com
From the "Anything you can do, I can do better" department: Two weeks ago, Irvine-based Autobytel.com Inc. issued a news release saying that dealers in its network sold $1 million worth of cars through its site every hour.
BUSINESS
May 28, 1999 | JONATHAN GAW, TIMES STAFF WRITER
What a difference a news release makes. On a day when stocks in general and Internet commerce stocks in particular took a bath, Irvine-based Autobytel.com Inc. saw its shares soar 47% Thursday after it said that purchase requests through its online network now result in $1 million in car sales each hour. While the company's news release moved the stock, the number was a repackaging of old figures rather than actual news.
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