As America’s Auto Auction expanded from about 10 locations to more than 50, AI-powered automation enabled its Accounts Payable team to process 33,000 invoices a month without adding staff.
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Carvana has opened a new car vending machine in Tampa, Fla., marking the eighth vending machine location that the company has opened in the U.S., and the second in Florida, according to a company announcement.
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Manheim has launched a new Insight Condition Report aimed at providing a more accurate representation of the vehicles on its online platform.
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The intelligent search uses machine learning in order to learn client behaviors and preferences over time. As the system learns more about a specific user, results that it provides will appear in an order that is more relevant to that user.
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H was designed to leverage data and technology from across the KAR platform. It uses TradeRev’s machine learning and proprietary algorithms to deliver clear, easy, actionable intelligence to dealers.
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Users will now have access to KBB vehicle valuations when assessing the value of their trade-in through the AutoGravity platform.
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Manheim is launching Manheim Express, a mobile app for dealers that gives dealers a self-service method of listing and selling inventory through the Manheim marketplace, according to a company announcement.
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Carvana recently reported its financials for the first quarter of 2018 and full-year 2017, and its performance shows that more buyers are opting for an online experience to purchase their used cars.
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Customers in Hartford, Conn.; Bridgeport, Conn.; New Haven, Conn.; and Springfield, Mass. will now have access to next-day delivery from Carvana.
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Key components of that strategy will include expanding educational offerings for AutoIMS clients to share client and auction best practices; evolving and expanding the company’s Technology 2020 plan; and launching a new Client Experience initiative, according to the company.
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The concept is fairly straight forward: a customer arrives at a Carvana Curbside, is given a personalized key card that activates doors to a room containing his or her vehicle, and can then drive off in his or her new car.
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