S&P Global Mobility Launches Free FeeSync Platform for Industry-Wide Dealer Fee Transparency
SPGI•S&P Global Mobility opened its FeeSync platform to the entire automotive industry at no cost, offering dealers a centralized environment to update and securely syndicate fee structures via API. The first-of-its-kind infrastructure aims to eliminate fragmented fee data, boosting pricing transparency across dealers, vendors and advertising channels.
1. Industry-Wide Launch of FeeSync
S&P Global Mobility has made FeeSync, powered by Market Scan, freely available to all automotive dealers and vendor partners. This move represents one of the largest infrastructure investments in dealer pricing transparency, positioning S&P Global Mobility as the neutral steward of industry fee data.
2. Centralized Fee Management and Syndication
FeeSync provides a secure interface where dealers can update their fee structures in one place and grant or revoke access to specific partners. Approved vendors extract fee data via API, ensuring every downstream marketing channel reflects up-to-date, consistent fee information.
3. Phased Onboarding and Partner Integration
Access to FeeSync begins with automotiveMastermind and CARFAX customers, followed by broader dealership enrollment. Vendor and agency partners will integrate in phases, with dealers retaining full control over which partners access their data and S&P Global Mobility overseeing security and neutrality.
