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AUTOS
June 10, 2013 | By Ronald D. White
Business research and analytics giant IHS Inc. said Monday it has signed an agreement to acquire automotive information and marketing firm R.L. Polk & Co. for $1.4 billion. Polk is the 15th acquisition that rapidly expanding IHS, based in Colorado, has made since the beginning of 2012. "The acquisition of R.L. Polk brings extensive and complementary information and analytical solutions that would establish IHS as a vital strategic partner of the global automotive value chain,” said IHS President and Chief Executive Scott Key. R.L. Polk has two divisions -- Polk and Carfax -- that provide "market intelligence, powerful tools and analytics and extensive vehicle history data," IHS said in a statement.
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AUTOS
June 10, 2013 | By Ronald D. White
Business research and analytics giant IHS Inc. said Monday it has signed an agreement to acquire automotive information and marketing firm R.L. Polk & Co. for $1.4 billion. Polk is the 15th acquisition that rapidly expanding IHS, based in Colorado, has made since the beginning of 2012. "The acquisition of R.L. Polk brings extensive and complementary information and analytical solutions that would establish IHS as a vital strategic partner of the global automotive value chain,” said IHS President and Chief Executive Scott Key. R.L. Polk has two divisions -- Polk and Carfax -- that provide "market intelligence, powerful tools and analytics and extensive vehicle history data," IHS said in a statement.
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BUSINESS
February 11, 2000
* Equifax Inc., the largest U.S. consumer-credit reporting service, said it agreed to buy R.L. Polk & Co.'s lifestyle and demographic data units for $260 million. The units of closely held Polk, based in Southfield, Mich., provide information on buying patterns and preferences from 105 million households. Equifax said the data will help build its direct-marketing business and its credit information, payment and electronic-commerce services.
BUSINESS
April 9, 2012 | By Jerry Hirsch, Los Angeles Times
Although the number of hybrid models in the U.S. continues to grow, few people who own one are sticking with the technology when they go to buy another car. Only 35% of hybrid vehicle owners chose to buy another hybrid when they returned to the market in 2011, according to a study by R.L. Polk & Co., the automotive consulting firm. About 75,000 hybrid owners went new car shopping last year. If you factor out the super-loyal Toyota Prius buyers, the repurchase rate drops to less than 25%. Consumers in regions such as Southern California and Seattle, where hybrid sales are strongest, are no more likely to be repeat customers than buyers in other parts of the nation, according to the Polk study.
BUSINESS
April 9, 2012 | By Jerry Hirsch, Los Angeles Times
Although the number of hybrid models in the U.S. continues to grow, few people who own one are sticking with the technology when they go to buy another car. Only 35% of hybrid vehicle owners chose to buy another hybrid when they returned to the market in 2011, according to a study by R.L. Polk & Co., the automotive consulting firm. About 75,000 hybrid owners went new car shopping last year. If you factor out the super-loyal Toyota Prius buyers, the repurchase rate drops to less than 25%. Consumers in regions such as Southern California and Seattle, where hybrid sales are strongest, are no more likely to be repeat customers than buyers in other parts of the nation, according to the Polk study.
BUSINESS
May 10, 2008 | Martin Zimmerman, Times Staff Writer
Is Mercury headed for the junkyard? Speculation is mounting that Ford Motor Co., preoccupied with reviving its Ford and Lincoln brands, might decide to retire the Mercury nameplate rather than spend scarce resources trying to restore its former luster. Despite denials from Ford, the conjecture got a boost last week when Jerome York, a former auto executive and advisor to billionaire investor Kirk Kerkorian, said shedding the brand would be a smart move for the struggling automaker.
REAL ESTATE
August 27, 1989
Based on a random survey of 220 California households. Beautification: 48.1% Property Value: 25.4 Hobby: 19.5 Food: 3.8 Exercise: 3.2 SOURCE: R.L. Polk Co., University of California Cooperative Extension.
REAL ESTATE
July 30, 1989
The favorite place to shop for gardening supplies, based on a random survey of 220 California households. Type of Percent Store of Households Full-Service Garden Center 61.9% Hardware/Home Center Discount/Department Other Source: R. L. Polk Co., University of California Cooperative Extension.
NEWS
March 25, 1986 | Associated Press
A record 114 million automobiles are registered in the United States, according to figures released Monday by R. L. Polk & Co. The report said 10.4 million new cars were registered in the year ending June 30, 1985, the highest level in six years.
REAL ESTATE
August 6, 1989
Based on a random survey of 220 California households. House/mobile home dwellers: 95.7% Apartment dwellers: 56.3 Townhouse/condo dwellers: 68.4 Owners: 93.1 Renters: 77.4 SOURCE: R.L. Polk Co., University of California Cooperative Extension.
BUSINESS
February 11, 2000
* Equifax Inc., the largest U.S. consumer-credit reporting service, said it agreed to buy R.L. Polk & Co.'s lifestyle and demographic data units for $260 million. The units of closely held Polk, based in Southfield, Mich., provide information on buying patterns and preferences from 105 million households. Equifax said the data will help build its direct-marketing business and its credit information, payment and electronic-commerce services.
REAL ESTATE
August 13, 1989
Money spent anually for gardening supplies and plant materials, based on a random survey of 220 California households. $600 plus: 6.5% $300-599: 10.5 150-299: 22.0 $50-149: 39.5 Under $50: 21.5 SOURCE: R.L. Polk Co., University of California Cooperative Extension
REAL ESTATE
September 10, 1989
Printed information sources most used for gardening help, obtained in a random survey of 220 California households. Books: 35.0% Chemical and Fertilizer Labels: 22.3 Garden Store Pamphlets: 9.6 Seed packets: 5.9 UC Publications: 1.6 Seed Catalogues: 1.1 Other Sources: 24.5 SOURCE: R. L. Polk Co., University of California Cooperative Extension
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