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TRAK » Topics » Economic trends that affect the automotive retail industry may have a negative effect on our business.This excerpt taken from the TRAK 10-K filed Mar 16, 2007. Economic
trends that affect the automotive retail industry may have a
negative effect on our business.
Economic trends that negatively affect the automotive retail
industry may adversely affect our business by reducing the
amount of indirect automobile financing transactions that we
earn revenue on, financing source or automotive dealer customers
that subscribe to our products and services or money that our
customers spend on our products and services. Purchases of new
automobiles are typically discretionary for consumers and could
be affected by negative trends in the economy including negative
trends relating to the cost of energy and gasoline. A reduction
in the number of automobiles purchased by consumers could
adversely affect our financing source and dealer customers and
lead to a reduction in transaction volumes and in spending by
these customers on our subscription products and services. Any
such reductions in transactions or subscriptions could have a
material adverse effect on our business, prospects, financial
condition and results of operations.
Table of Contents
This excerpt taken from the TRAK 10-K filed Mar 30, 2006. Economic
trends that affect the automotive retail industry may have a
negative effect on our business.
Economic trends that negatively affect the automotive retail
industry may adversely affect our business by reducing the
number of financing source or automotive dealer customers that
purchase our products and services or by reducing the amount
that such customers spend on our products and services.
Purchases of new automobiles are typically discretionary for
consumers and may be affected by negative trends in the economy
including negative trends relating to the cost of energy and
gasoline. A reduction in the number of automobiles purchased by
consumers may adversely affect our financing source and dealer
customers and lead to a reduction in transaction volumes and in
spending by our financing source and automotive dealer customers
on our subscription products and services. Any such reductions
in transactions or subscriptions could have a material adverse
effect on our business, prospects, financial condition and
results of operations.
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