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Last updated on April 17, 2014 at 9:41 EDT

Latest Providence Equity Partners Stories

2014-02-15 16:20:07

For the eighth consecutive year, a fantasy basketball game results in a brand-new car for a family in need ATLANTA, Feb. 15, 2014 /PRNewswire/ -- For the eighth consecutive year, AutoTrader.com® has partnered with Turner Sports and the NBA to change the lives of a deserving family through a fantasy basketball game. (Logo: http://photos.prnewswire.com/prnh/20110425/CL88097LOGO ) During the regular NBA basketball season, Turner Sports' Emmy Award-winning Inside the NBA studio team...

2014-01-03 08:20:08

Investment Reinforces Cox's Leadership in the Automotive Services Industry ATLANTA and PROVIDENCE, R.I., Jan. 3, 2014 /PRNewswire/ -- Cox Enterprises, Inc. and Providence Equity Partners announced today a definitive agreement by which Cox has acquired Providence Equity's 25 percent equity interest in AutoTrader Group. Cox Enterprises now holds a 98 percent stake in AutoTrader Group, with the remainder being held by current and former employees. Financial terms of the transaction...

2013-12-16 12:20:45

Opt-in service provides car shoppers daily updates on vehicle listings and searches ATLANTA, Dec. 16, 2013 /PRNewswire/ -- In a first for major third-party automotive classified websites, AutoTrader.com® is launching a new feature that will alert car shoppers via text or email when there are updates to saved vehicle listings or searches. (Photo: http://photos.prnewswire.com/prnh/20131216/CL33995 ) (Logo: http://photos.prnewswire.com/prnh/20110425/CL88097LOGO ) When car shoppers...

2013-10-07 12:20:14

As the weather cools down, shoppers seek out all-wheel drive security without SUV size ATLANTA, Oct. 7, 2013 /PRNewswire/ -- As the weather begins to cool across the U.S., an increasing number of shoppers are starting to think about purchasing a vehicle that's capable of handling the upcoming winter road conditions. Shopper interest in all-wheel drive sedans on AutoTrader.com increased sharply in September, reaching the highest levels so far this year. To meet this demand, AutoTrader.com's...

2013-09-26 12:21:00

Dozens of search filters and intuitive design make it easy to explore more than three million new and used vehicles ATLANTA, Sept. 26, 2013 /PRNewswire/ -- A new AutoTrader.com® iPad app gives car shoppers the ability to find their perfect vehicle quickly and easily - even if they don't know exactly what they're looking for. This addresses a demonstrated consumer need; according to AutoTrader.com research, 67% of AutoTrader.com visitors haven't identified a specific model and 58%...

2013-08-19 12:20:47

A record-breaking two million unique visitors accessed the AutoTrader.com site last month from a smart phone, a 60 percent increase year-over-year. ATLANTA, Aug. 19, 2013 /PRNewswire/ -- More shoppers than ever visited AutoTrader.com® from a smart phone in July, setting a new record in the company's history. Over 2.1 million unique visitors interacted with AutoTrader.com from a smart phone during the month, which represents a 60 percent increase year-over-year. AutoTrader.com's...

2013-08-16 08:20:24

July 2013 saw the highest number of offers generated in a single month, a testament to the notable growth of the Trade-In Marketplace, which gives consumers a firm offer on their trade-ins, sight-unseen. ATLANTA, Aug. 16, 2013 /PRNewswire/ -- In July, consumers generated over 257,000 instant trade-in offers through AutoTrader.com's Trade-In Marketplace(TM); this was the highest number of offers generated in a single month and a 12.5 percent increase year-over-year. Key drivers of the...

2013-08-12 04:20:11

ATLANTA, Aug. 12, 2013 /PRNewswire/ -- While a car's exterior might be the first thing someone notices, Americans who commute are spending more than 50 minutes per day on average inside their cars(1). For discerning car shoppers who prefer to spend this time enveloped in high-quality materials and experiencing the latest technology features, AutoTrader.com® editors have named their list of the Best Automotive Interiors Under $60,000. (Logo:...

2013-08-05 08:20:53

The fourth annual summit series will kick off in Los Angeles on Aug. 6, followed by events in Detroit on Sept. 12 and New York on Sept. 18. ATLANTA, Aug. 5, 2013 /PRNewswire/ -- AutoTrader.com® will kick off its fourth annual Interactive Advertising Summit series on Aug. 6 in Los Angeles, Calif, with events scheduled for Detroit, Mich and New York, N.Y. in September. Themed "Do You Know Today's Customer? Understanding the Consumer Decision Journey," this year's summit series will...

2013-08-01 12:20:14

Experts at AutoTrader.com offer five tips to help shoppers get more out of their test drives. ATLANTA, Aug. 1, 2013 /PRNewswire/ -- For nearly all car shoppers, test drives are an important part of the decision process, but a recent survey from AutoTrader.com® indicates that they are not taking much time to form an opinion of the vehicle they're testing. (Logo: http://photos.prnewswire.com/prnh/20110425/CL88097LOGO) According to the survey, 44 percent of shoppers believe that...