Article: Argentina: The Internet reduces costs of the real world.

Argentina, Apr 16, 2001

Nearly 700 car concessionaries of the real world created Autored.com, an Internet site where they can show and sell their vehicles. The customer sends its purchase proposal to the concessionary through an e-mail to close the transaction personally. Abel Bomrad, President of the Asociacion de Concesionarios de la Republica Argentina creator of this project, said this site helps concessionaries to cut costs and access a larger number of customers. Another player with a strong presence in this area is Car One which initiated virtual sells in 2000 and already concentrates 10% of the US$96mil turned over by the company in the financial year ...

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