Friday, September 7, 2007

Oxlo Ties Into VW Credit

Broomfield, Colorado-based Oxlo Systems, a provider of software for automotive dealerships, said Thursday that the firm will provide a new electronic communications interface for VW Credit, which is a wholly owned subsidiary of Volkswagen of America. Oxlo said it will connect into VW Credit's FinanceSource, which is a dealer software system used by Volkswagen, Audi, and Bentley dealers in the United States. Oxlo develops software which connects automotive dealer systems and software, including sales, service, and finance operations. The firm is venture backed by Appian Ventures and Mobius Venture Capital.