For Immediate Release
Motor Information Systems Selected By Vincentric
BLOOMFIELD HILLS, MICHIGAN – March 21, 2005 - MOTOR Information Systems has announced that Vincentric, LLC, an automotive data compilation and analysis company, has selected the MOTOR Parts and Maintenance Information Suite as its source for Parts and Labor Time data.
"MOTOR has the depth and breadth of data we needed to compile estimated maintenance costs on over 6,000 vehicle configurations per model year,” stated David Wurster, President of Vincentric. “Access to this type of wide ranging, accurate data complements our other data sources and allows us to continue building the most accurate cost-of-ownership data in the industry."
"We are pleased that our data can help Vincentric create new and valuable insights for the automotive industry,” says Kevin Carr, President of MOTOR Information Systems. "This helps confirm our position as the premier provider of unbiased, accurate, authoritative, and reliable vehicle information.”
MOTOR updates and will deliver its Information Suite on an ongoing basis, allowing Vincentric to refresh its calculations and analyses each month to reflect current maintenance costs. In addition, Vincentric updates residual values, fuel prices, interest rates, and other factors involved in calculating vehicle lifecycle costs on a monthly basis.
About Vincentric
Vincentric provides data, knowledge, and insight to the automotive industry by identifying and applying the many aspects of automotive value. Using its comprehensive, proprietary cost-of-ownership database, the company measures and analyzes the overall cost of owning and operating vehicles and its effect on the value provided to consumers. Vincentric, LLC, is a privately held automotive data compilation and analysis firm headquartered in Bloomfield Hills, Michigan. For more information, visit the Vincentric web site at www.vincentric.com or call 248-430-4121.
About MOTOR Information Systems
MOTOR Information Systems is an operating unit of The Hearst Corporation and is the world's premier supplier of automotive data. MOTOR's mission since 1903 has been to provide customers with unbiased, accurate, authoritative, and reliable information in consistent, easy-to-use formats. MOTOR Information Systems: Where To Go When You Need To Know.
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Contact:
Dave Freed
Vincentric, LLC
952-891-1054
dave.freed@vincentric.com
www.vincentric.com
Lori Aemisegger
MOTOR Information Systems
(248) 828-0000