Our industry has made a lot of progress on the digital front this year. How did we get here and what does the future hold for remarketing? KAR Global EVP & Chief Digital Officer, Tom Fisher breaks it down.
This new partnership will enable dealers to view complete Pipeline auction listings for over 165 auction locations across the United States, bringing Carbly's total coverage to over 260 auction houses.
Cox Automotive has acquired Fyusion, a computer vision company that provides immersive vehicle imaging solutions for the automotive wholesale market and other industries.
Manheim announced it now enables dealers to run concierge-inspected vehicles located on the dealer lot in a live, auctioneer-led Simulcast sale via the Manheim Express Concierge service.
KAR Auction Services has acquired BacklotCars, expanding the auction company’s digital transformation strategy with the new digital dealer-to-dealer platform.
KAR Auction Services has amplified its “recommendations carousel” on ADESA.com to include dealer trade-ins from TradeRev
Manheim Logistics and DHL Supply Chain have formed an exclusive collaboration to develop a more holistic transportation management system that aims to give clients and carriers the most efficient and transparent transportation experience.
KAR Auction Services, Inc. has signed a definitive agreement to acquire BacklotCars Inc., an app and web-based dealer-to-dealer wholesale platform featuring a 24/7 “bid-ask” marketplace and comprehensive vehicle inspections performed by automobile mechanics.
Manheim expanded its Digital Block sales, adding seven more locations with in-lane bidding with a live auctioneer; however, vehicles are only displayed on screens and never travel down physical lanes.
Manheim has released three new enhancements to its digital marketplace by adding significantly more images on vehicles checked in at a physical location; the opportunity to more easily transact at below-floor prices; and an additional sale format.
Black Book has integrated its value data into One Auction View, a subscription-based service that provides dealers access to online wholesale auctions in a simplified, aggregated view.
Auto Auction Services Corp. (AutoIMS) announced a new mobile application that is designed to offer users vital data and features of the company’s inventory management system in the palms of their hands.
Privacy4Cars and AutoIMS are providing visibility to consignors and auctions on the removal of non-public personal information previous owners and drivers may have left in consigned vehicles’ on-board systems, including previous destinations, home address, garage door codes, contact lists, call logs, text messages, device identifiers, and more.
KAR Global launched a new set of interactive dashboards that display retail and wholesale trends from across the remarketing ecosystem.
Xcira, a digital auction technology provider, has issued a set of commitments to its partners during the COVID-19 pandemic to ensure that auction and asset owners are best equipped to use their technology.
Companies such as Manheim and ADESA have invested time and money to bolster the digital side of their business to meet the demands of this growing field, and so have fleet management companies.