PRESS RELEASE

Market Scan helps dealers keep sales momentum in light of disruption

SOUTHFIELD, Mich., June 23, 2024 — In the wake of the disruption of DMS systems for thousands of dealers, industry partner and leader Market Scan, part of S&P Global Mobility, has been working with dealers to offer its mDesking solution to enable them to continue to write deals and offer up payment options for consumers shopping for new vehicles.

Hundreds of dealers across the country have already been onboarded to mDesking over the weekend.

“We’re here to help the industry navigate the disruption and keep selling vehicles,” said Matt Hermann, chief operating officer for Market Scan.  “This is the type of work we do.  Our data and calculations are often embedded into a DMS, but also offered as a standalone solution to help dealers during times like this. Our team is working 24/7 to get dealers up and running with mDesking.”

mDesking works in tandem with DMS systems as an embedded solution, but also works independently and offers a timely solution to enable dealership sales personnel to keep deals moving in the event of unexpected disruption to their business. mDesking offers dealers access to an extensive set of criteria, including a wide array of lenders financing options and terms to allow sales personnel to offer customers their best payment options quickly and accurately.

For impacted dealers: For more information on how we can help your dealership, email us at sales@marketscan.com.

About Market Scan

Market Scan is part of S&P Global Mobility, delivering unparalleled access to data, offer real-time payment analytics, and ensure precise vehicle calculations that redefine automotive sales.  Market Scan combines the power of comprehensive pricing and incentive data to provide digital payment solutions that set new standards in precision, speed, and scale.  Utilizing a sophisticated cloud-based engine, the team processes over 7 billion lease and finance payment calculations every month, sourced from daily electronic data collections across OEMs, lenders, dealers, and municipalities. For more information, please visit www.marketscan.com.

About S&P Global Mobility

At S&P Global Mobility, we provide invaluable insights derived from unmatched automotive data, enabling our customers to anticipate change and make decisions with conviction. Our expertise helps them to optimize their businesses, reach the right consumers, and shape the future of mobility. We open the door to automotive innovation, revealing the buying patterns of today and helping customers plan for the emerging technologies of tomorrow.

S&P Global Mobility is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity, and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information, visit www.spglobal.com/mobility.