IRVINE, Calif., May 1, 2014 (GLOBE NEWSWIRE) -- Autobytel Inc. (Nasdaq:ABTL), pioneer of the automotive Internet and the company dedicated to connecting automotive consumers with dealers, today announced that consumers submitting leads sold by the company accounted for new vehicle retail sales of 501,688 in 2013, which makes over 1.3 million new vehicles sold from Autobytel leads just since 2011. Incredibly, 3.93% of all retail new vehicle sales in the United States in 2013 were from consumers who submitted a lead through the Autobytel network.
|Autobytel New Vehicle Retail Sales|
|Year|| % of OEM |
| Sales from |
Note: Data in this release does not include any sales results from the recent AutoUSA acquisition
Autobytel recently completed its analysis in collaboration with IHS Automotive, part of IHS Inc. (NYSE:IHS), the leading global source of information, insight and analytics. IHS acquired R. L. Polk & Co. in 2013. The analysis showed that consumers who submitted leads sold by Autobytel to dealers accounted for a combined total of 2,722,107 new and used vehicle registrations from 2011 to 2013.
|Autobytel Vehicle Sales|
|Year|| Autobytel |
| Autobytel |
| Total |
"These numbers demonstrate just how critically important independent third-party automotive websites like Autobytel.com are for consumers who rely on unbiased information to help them buy vehicles intelligently and easily," said Jeff Coats, president and CEO of Autobytel Inc. "This fact was true in 1995 when Autobytel pioneered online vehicle research and shopping and it remains true today. Third- party leads continue to be an essential component and a main driver of business for dealership sales operations throughout the U.S."
The following table shows the percentage of retail new vehicle sales that resulted from Autobytel leads for some major brands:
|Sales from Autobytel Leads as % of 2013 OEM Retail Sales|
|Make|| % of OEM |
Note: With the exception of Chrysler, the brands listed in the above chart do not include other brands in the group – i.e. Honda does not include Acura.
"We touch a significant amount of consumers each year who are more concerned about the overall experience we offer than by getting the absolute lowest price, according to feedback from our dealers," said Coats. "This means a better experience for all parties involved. And with our recent acquisition of AutoUSA, our retail footprint is even larger enabling us to focus on the original mission of our company – having been founded by a former car dealer – of improving the car buying process for dealers and consumers alike."
Charts accompanying this release are available at http://media.globenewswire.com/cache/29813/file/26136.pdf
About Autobytel Inc.
Autobytel Inc. provides high quality consumer leads and associated marketing services to automotive dealers and manufacturers throughout the United States and offers consumers robust and original online automotive content to help them make informed car-buying decisions. The company pioneered the automotive internet in 1995 with its flagship website www.autobytel.com and has since helped tens of millions of automotive consumers research vehicles; connected thousands of dealers nationwide with motivated car buyers; and helped every major automaker market its brand online.
Investors and other interested parties can receive Autobytel news releases and invitations to special events by accessing the online registration form at investor.autobytel.com/alerts.cfm.
CONTACT: Autobytel Inc. Media Relations Splash Media Jennifer Lange 949-916-4820 email@example.com or Autobytel Inc. Investor Relations Curtis DeWalt Chief Financial Officer 949-437-4694 firstname.lastname@example.org or PondelWilkinson Inc. Roger Pondel/Laurie Berman 310-279-5980 email@example.com