The Retail Automotive Alliance Limited (RAA) has
awarded a new three-year contract to Experian for access to its
Autocheck vehicle checking service.
The RAA represents 22
independent motor dealer groups in the UK with a combined annual turnover of
£2.5 billion and an expected 2009 stock turn of 103,000 vehicles
Experian was first
appointed as the RAA's supplier of provenance services in 2007.
When the contract came
up for tender this year, the RAA, as part of its policy, reviewed products from
other provenance service providers in the UK. On completing the review,
the RAA's shareholders unanimously chose to extend the contract with Experian
for a further three years.
Marc Matthew, the RAA
Chairman and also Chairman of Lifestyle Europe Limited, said: "We have enjoyed
an excellent working relationship with Experian over the last two years, and
our review of other provenance services showed that Experian's continues to be
the best choice in the marketplace. So much so, all of our members were
unanimous in the decision to continue our relationship with Experian."
Kirk Fletcher, Managing
Director of Experian's Automotive division, said: "We are delighted that
Experian has once again received the RAA's seal of approval. Provenance
is an essential component for any used car business, and finding the most
accurate and intuitive service in the industry is important. Being chosen
by an alliance of 22 shareholders is further testament to the quality of our
data and analytics products and services."