AUTOonline: Entry into the Solera-family

Solera Holdings Inc. now majority shareholder of the AUTOonline GmbH

Effective 1 October 2009, Solera Holdings Inc. will become the majority shareholder of AUTOonline GmbH. 

 

Based in California, USA, Solera Holdings Inc. is the leading global provider of software and services to the automotive insurance claims processing industry and is active in over 50 countries.  The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries, Informex in Belgium, Sidexa in France, ABZ in The Netherlands, Hollander serving the North American recycling market, IMS providing medical review services and HPI. For more information, please refer to the company's website at www.solerainc.com.

AUTOonline is a limited company (GmbH).  The company was founded in 1996, with its head office in Neuss, Germany, and currently employs 115 staff around the world.  AUTOonline has subsidiaries in more than 20 countries Europe wide (core countries are Germany, Poland, Greece, Turkey and Spain). AUTOonline is Europe’s leading online platform for trading salvage- and used vehicles. Over 3,000 certified professional dealers can then submit their bids with just one mouse click. Each year insurance companies and experts advertise more than 850,000 vehicles around the world on the exchange.
AUTOonline will play, in addition to other areas of cooperation, an integral role in determining residual values in the total loss process for Solera’s insurance company and assessor customers throughout Europe and Mexico.

 

Both companies strongly believe that the fusion will significantly advance the value proposition of their products to the customers from optimised interfaces to increase ease of use to increased savings potential on salvage vehicles.  In addition, this combination will enable AUTOonline to leverage Solera’s global platform to accelerate its internationalisation and apply learning’s developed in non-AUTOonline markets to improve our current solutions and develop new ones to meet your ever-evolving salvage vehicle needs.

 

Due to the fact that even the claims business is an international business, AUTOonline owes it to it´s customers, to find ways of improving in the future at an early stage. Therefore they are delighted to have a strong and international justified partner such as Solera.

 

The service and maxim of AUTOonline will remain the same. For everyone remains a winner with AUTOonline!

 

If you have any further questions, please contact Mrs. Jeannine Halene, Marketing / PR, 02131-7180-265.

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