F&I Management & Training

Vehicle valuation firm Glass's is to provide motor marketplace Auto Trader with a range of data after the two companies signed a ten year partnership.

It means the systems that underpin the Auto Trader website and affiliated websites, will be now powered by Glass's , instead of CAP.

A spokesperson for Auto Trader told Motor Finance the company was planning on expanding the depth and breadth of search options for customers beyond traditional methods such as searching by brand or age and that Glass's data options were seen as the best fit for these plans.

Previously, CAP had provided Auto Trader with the bulk of its vehicle information.

However, following Auto Trader's partnership with Glass's Cap will instead provide a number of products outside of vehicle data services, though Auto Trader declined to comment what those services would be.

Explaining the decision to switch from CAP to Glass's, Trevor Mather, managing director of Auto Trader, said: "Both CAP and Glass's are excellent providers of vehicle data, but slightly different. After careful evaluation we believe that Glass's is a better long term partner for Auto Trader providing a deeper level of data that will unlock new opportunities to the benefit of both consumers and automotive retailers. I believe that some of the most interesting opportunities lie within new search functionality and new valuation services to empower consumers and help retailers."

DATED: 30.01.15

FEED: MF