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February 05, 2016 6:42 PM ET

Internet Software and Services

Company Overview of Edmunds.com, Inc.

Company Overview

Edmunds.com, Inc. operates an online platform that enables users to browse dealer inventory, vehicle reviews, shopping tips, photos, videos, and feature stories. Its platform allows users to find various dealer centers; cars, including SUVs, sedans, trucks, minivans, convertibles, coupes, wagons, luxury vehicles, hybrid/electric vehicles, crossovers, hatchbacks, and diesel vehicles; and new and used cars. Edmunds.com, Inc. was formerly known as Edmund Publications Corp. and changed its name to Edmunds.com, Inc. in May 1999. The company was founded in 1966 and is based in Santa Monica, California with a satellite office in Detroit, Michigan.

1620 26th Street

Suite 400 South

Santa Monica, CA 90404

United States

Founded in 1966

Phone:

310-309-6300

Fax:

310-309-6400

Key Executives for Edmunds.com, Inc.

Chief Executive Officer
President
Managing Editor
Editor in Chief
Chief Financial Officer
Compensation as of Fiscal Year 2015.

Edmunds.com, Inc. Key Developments

Edmunds.com, Inc. Launches New Tool for Used Car Trade-Ins and Lead Generations

Edmunds.com rolled out a new product that will give dealers an inside track to connect with the hundreds of thousands of Edmunds users who rely on the site every month to appraise their vehicles. The tool, called Edmunds MyAppraise, gives dealers a convenient new channel to build used car inventory and convert users into new leads. Edmunds MyAppraise works by engaging Edmunds' desktop and mobile users who are already logging on to appraise the True Market Value® price of their vehicles. These users who want to sell their vehicles are given the opportunity to solicit offers from local dealers that are partnered with Edmunds. The tool guides them to enter the vehicle's VIN and to answer a few simple questions about its condition. Users also are prompted to take pictures of their vehicles at specified angles to give dealers the ability to verify the vehicle's condition and provide a more accurate estimate. The responses, photos and customer contact information are delivered to dealers, who can then respond with a specific quote via mobile text messaging. Edmunds MyAppraise combines many of Edmunds' most popular car shopping innovations to deliver a concise product that makes it easier for shoppers to trade their vehicles and for dealers to engage these highly-coveted customers.

CUneXus and Edmunds.com Partner to Transform Car Buying

CUneXus Solutions announced a partnership with Edmunds.com, Inc. The two companies will collaborate to develop a new generation of car shopping and purchasing solutions, to be unveiled this spring. CUneXus' Comprehensive Prescreened Lending (CPL) technology allows banks and credit unions to offer "click to accept" consumer loans to customers where and when they need them-no application necessary. The company's cplXpress lending automation platform delivers personalized offers to customers' phones, computers and tablets, using a combination of the institution's customer information and lending criteria, as well as customer credit history, behavior and location. A shopper entering an auto dealership, for example, might receive a message with a preapproved loan offer for $40,000 that can be accepted on the spot, increasing the buyer's purchasing and negotiating power. When combined with Edmunds Price Promise dealer inventory, the resulting solution will elevate the car buying experience to an entirely new standard, empowering consumers with unmatched tools and transparency.

Edmunds.com Provides U.S. Vehicle Sales Guidance for the Month of September 2015

Edmunds.com provided U.S. vehicle sales guidance for the month of September 2015. The company forecasts that 1,415,436 new cars and trucks will be sold in the U.S. in September for an estimated Seasonally Adjusted Annual Rate (SAAR) of 17.8 million. The projected sales will be a 10.1% decrease from August 2015, but a 13.9% increase from September 2014.

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