Friday, June 17, 2005

CarsDirect Becomes Internet Brands

Los Angeles-based CarsDirect yesterday said that it has changed its name to Internet Brands, as the company has started expanding its services into other, non-automotive related areas. The company said that the name change reflects the company’s aggressive expansion into other big ticket areas sucha s home mortgage lending. The new name will serve as a banner over the company's CarsDirect.com, Autos.com, Autodata Solutions, LoanStore.com, BestRate.com, and LoanApp.com web sites. CarsDirect started its foray into other consumer areas in early 2004.

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