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Bio
About Edmunds.com
Edmunds.com, Inc. was founded in 1966 for the purpose of publishing new and
used automotive pricing guides to assist automobile buyers — and Edmunds.com
continues to publish automotive guides today.
In 1994, Edmunds.com's new car pricing data was first posted on the Internet.
From this humble beginning, Edmunds.com has grown to its current size of more
than 800,000 pages of information.
In early 1995, Edmunds.com launched its Web site, www.edmunds.com, the first
automotive information Web site.
Since then, we have been busy constantly updating our site's look and feel,
improving the navigation, and supplementing the original pricing information
with vast amounts of automotive data, vehicle reviews, feature articles and
videos.
In January 1998, Edmunds.com became the first automotive Web site to deliver
its content to outer space. In response to a request made of NASA for interesting
automotive information from Russian cosmonauts aboard the Mir spacecraft, we
transferred our Web site content to a CD-ROM and delivered it to NASA, which
in turn delivered it to the spacecraft
In 2000, Edmunds.com became the first source of vehicle information for users
of wireless Web-enabled devices. The Edmunds2Go! service delivers prices, summary
reviews, our dealer locator service and other information to cell phones and
PDAs.
One of our proudest achievements was the development of Edmunds.com's suite
of True Market Value ® (TMV ® )
pricing tools . These tools consist of the Edmunds.com
TMV ® New Vehicle Calculator (which provides the estimated average
price consumers are currently paying dealers for new vehicles), the Edmunds.com
TMV ® Used Vehicle Appraiser (which provides the estimated average
price consumers are currently paying dealers for used vehicles, the price consumers
are getting from dealers for their trade-ins, and the price consumers are paying
each other in private party transactions), and the Edmunds.com
TMV ® Finance Rate Estimator (which provides consumers with both national
and local average loan rates currently being offered by lenders for vehicles,
as well as our estimate of which "credit tier" consumers will qualify
for when applying for financing).
Edmunds.com continues to experience unprecedented success and growth, valued
by both consumers and the automotive industry for providing useful, free and
unbiased information on all aspects of buying, owning and selling cars and trucks.
Edmunds.com is a privately held company whose investors include the Peter
Steinlauf family, CNET Networks, Inc., Cox Enterprises, Inc., GE Pension Trust,
Rare Medium Group, Inc and Autologic Holdings plc.
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