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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Manheim is facilitating dealer-to-dealer sales through Express Direct, a new offering that is accessed through the Manheim Express app.
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Along with audio/video, Manheim has added 360 interior imaging to Manheim Express, Manheim.com, and OVE users.
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Dealers who purchase a vehicle on Manheim Express are now able to order Ready Logistics’ transportation services directly through the app.
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ACV Auctions said this acquisition furthers its mission to provide the industry with an accurate view of vehicle conditions.
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Through the partnership, more than 5,000 car dealers will gain the ability to list vehicles for sale, rent, or rent-to-own to ride share drivers who download the DriveItAway app.
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This investment round brings Vroom’s total capital raised to $721 million.
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Recovery Database Network and Clearplan — two business units of Kar Global — have made enhancements to their respective platforms.
Read More →The new capital will allow ACV Auctions to further its investment in technology and data driven solutions that will help dealerships source and sell used vehicles.
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The platform has been in use throughout the company's Canadian operations since 2016, but it is now bringing it to the U.S. market.
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KAR Global's Openlane digital marketplace has given $10,000 in donations to two organizations and will launch an employee engagement initiative in 2020 to support coding education in Canada, the business unit has announced.
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