FOR IMMEDIATE RELEASE
Crain Communications Teams with Edmunds.com; AutoWeek and Automotive News Now Providing Edmunds Data to Readers
Santa Monica, CA - March 6, 2002 - Crain Communications has teamed with Edmunds.com, the Web's leading consumer resource for unbiased automotive information, to provide additional features to the readers of top automotive publications AutoWeek and Automotive News.
AutoWeek, America's only weekly automotive enthusiast magazine, is working with Edmunds.com to offer online readers a comprehensive buyers' guide at http://www.autoweek.com, complete with vehicle data and access to Edmunds.com True Market Value® pricing, the Town Hall automotive community and other popular research tools.
Automotive News, the industry-leading tabloid newsweekly covering the automotive industry, will use Edmunds.com's data as a source for its own coverage of incentive and rebate information.
Other applications of Edmunds.com data and content exchanges are under consideration.
"Edmunds.com provides tools and data that complement Crain's online offerings," said Andrew Smith, Global eBusiness Director for Crain Automotive Group. "Our partnership is consistent with a powerful trend in the media -- USA Today and BusinessWeek are now sharing content, as are The New York Times and Financial Times, and TheStreet.com and CBS MarketWatch respectively."
AutoWeek is America's largest weekly consumer car magazine and covers all aspects of automotive enthusiasm, including news, road tests and racing. With a circulation of 350,000, AutoWeek is one of more than 30 magazines published by Detroit-based Crain Communications, Inc. Online address: www.AutoWeek.com.
About Automotive News
Automotive News provides in-depth coverage of the auto industry and is written for original equipment manufacturers, their franchised dealers and suppliers. Automotive News' circulation is over 81,000 and is the only 100% paid publication in the industry. Online address: www.automotivenews.com.
About Edmunds.com, Inc.
Headquartered in Santa Monica, CA, Edmunds.com is the Internet's pioneer and leader in providing free, third party automotive information, tools and services for consumers. Edmunds.com empowers, educates, and engages visitors by providing them with straightforward information on key aspects of buying, selling, and owning a vehicle. For example, Edmunds.com True Market Value® products inform the general public of the actual transaction prices of cars and trucks while Edmunds' PowershopperSM offers car shoppers the opportunity to research and pursue online and offline purchase options in the informative, consumer-friendly environment of the Edmunds Web site. Visitors are also provided extensive automobile reviews, consumer information, safety updates, incentive and rebate news, expert analysis of developments in the automotive world, and the Town Hall automotive community. Many of these resources are powered by Edmunds Data Services, which provides a complete automotive data set to the Edmunds.com Web site and licenses such data to third parties. Edmunds.com is viewed as the "most useful Web site," according to the J.D. Power and Associates 2001 New Autoshopper.com StudySM*, was ranked number one in the Survey of Car-Shopping Web Sites as reported by The Wall Street Journal, rated the number one automotive and second overall Web site in the Dialscore loyalty study (above Yahoo!, Amazon and Mapquest), and was named as one of Yahoo! Internet Life's 50 Most Incredibly Useful Sites and one of Money's 50 Most Useful Financial Web sites.
*J.D. Power and Associates is not affiliated with Edmunds.com, Inc. and does not endorse Edmunds.com or any other Web sites.