AI is no longer a luxury but the baseline for profitability in 2026. Auto haulers that adopt these tools now will quickly outpace those that use manual workflows or take a wait-and-see approach.
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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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SmartAuction will begin listing off-lease Nissan and Infinity vehicles on its platform as part of an agreement between the company, Nissan Motor Acceptance Corp. (NMAC), and Infiniti Financial Services (IFS), according to a company announcement.
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The acquisition of STRATIM will supplement KAR’s portfolio of wholesale used vehicle physical, online, and digital auction marketplaces and ancillary service providers.
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