"We are excited to expand our relationship with NADA and look forward to working with the NADA team in developing additional solutions for the industry."
SOUTHFIELD, Mich. (May 13, 2014) – IHS, Inc. (NYSE: IHS), a leading global source of information and insight to the global automotive industry, today announced it has renewed its long-standing relationship with NADA Used Car Guide, a leading provider of vehicle valuation products, services and information to businesses throughout the United States and worldwide.
IHS, which acquired R. L. Polk & Co. last year, leverages Polk’s comprehensive set of vehicle details including make, model and series data for vehicles registered throughout the United States and Canada.
“With the integration of our complete vehicle census into NADA products and services, IHS is helping to create additional value for dealers, lenders and others in the automotive market with a thorough set of vehicle values,” said Mark Sandora, vice president, North American sales at IHS Automotive. “We are excited to expand our relationship with NADA and look forward to working with the NADA team in developing additional solutions for the industry.”
“IHS Automotive data is part of the foundation that goes into NADA’s VIN decoding process,” said Mike Stanton, COO and vice president at NADA Used Car Guide. “This enables us to provide the industry with our most comprehensive decoder and continue to produce industry-leading products and services.”
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs more than 8,000 people in 31 countries around the world.