The unified platform creates one of Canada’s largest digital wholesale marketplaces for used vehicles, providing buyers and sellers with easier transactions.
Peter Grupposo succeeds Holly Capps overseeing the commercial sales, dealer sales and market insights teams for Manheim and NextGear Capital.
Billed as the first of its kind, enterprise IoT innovation delivered by CoreKinect and Comcast’s MachineQ will help customers and employees locate vehicles faster at ADESA’s 70+ locations.
All-new Purchases Page Brings greater speed, simplification and centralization to buying on ADESA.
The Pipeline Market Report is the industry's first information tool driven solely by independent auction sale data, encompassing near real time results from 175+ partner operations.
The deal builds on KAR's growth in the dealer-to-dealer segment, enhances its profile in the fragmented wholesale used vehicle market, and accelerates the company’s overall move to digital auction marketplaces.
The data is available by subscription on the autoniq app and showcases information on similar year, make, and model vehicles sold at auction.
Auction sales volumes have rebounded to a level consistent with, and on some days higher than, this time last year, despite most auctions continuing to operate under an all-digital platform.
Manheim made its first digital sale a little over 20 years ago. Over the past 20 years, the company's digital sales have grown from fewer than 100 annual digital sales to over 600,000.
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