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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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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Carvana has added Charleston, S.C. to the list of cities that it offers next-day delivery to, according to a company announcement.
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As the technology equipped in cars continues to grow and evolve, data privacy will become a key concern for vehicles at wholesale. The remarketers of tomorrow will need to know how to properly deal with the information stored in vehicles.
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In 2017, 40% of vehicles sold at Manheim were purchased through a digital screen versus in-lane, reported Manheim in a recent announcement. This meant that through 2017, 2 million vehicles at Manheim auctions were purchased through a digital transaction.
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Media, insights and marketing solutions provider Jumpstart Automotive Media named the Ford Mustang the most-viewed vehicle of 2017. The Mustang has held the top spot since 2014, but as an outlier: Jumpstart’s analysts found Americans’ love for trucks, SUVs and crossovers remained on full display during 2017.
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In his new role, Hallowell will direct and coordinate the overall domestic and global operational activities for digital channels such as Simulcast, OEM-specific marketplaces, Manheim.com, and OVE, along with RMS Automotive and its global business, the company stated.
Read More →RMS Automotive and vAuto have partnered to make it more convenient for dealers to evaluate and acquire manufacturers’ premium off-lease and off-program vehicles before they get to auction, according to a company announcement.
Read More →A new co-listing capability being offered by RMS Automotive and Manheim is allowing open sale vehicles listed on manufacturers’ digital sales platforms powered by RMS Automotive to be simultaneously offered on Manheim.com and OVE, according to a company announcement.
Read More →Kelley Blue Book has expanded its services to the Portugal automotive market and has launched a new website to support the expansion.
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