Black Book and Drivably have partnered to pair the former’s data and analytics expertise with the latter’s AI and machine learning platform to enhance dealer inventory acquisition recommendations.
Manheim has launched its first 100% digital auction at its Tucson location, a move designed to provide a safe, comfortable, and technologically advanced setting for buyers and sellers.
Whether your dealership is big, small, profitable or unprofitable, it’s time to take a fresh look at how you’re measuring success.
Former assistant general managers Kevin Stumm and Jeff Brinkley will lead ADESA’s Des Moines and Salt Lake auctions, respectively, while former Salt Lake GM Rob Brasher remains in a reduced role.
A new integration was designed to allow Manheim users to list vehicles directly on Central Dispatch’s digital shipping platform.
Carvana’s first-quarter results include triple-digit gains in net revenue and consumer-sourced inventory, but losses continue to mount, growing 57% to $82.6 million year-over-year.
Manheim executives cut the ribbon on a new, $4.8 million reconditioning center at the company’s second largest wholesale auction location.
Accelerate turn and maximize gross profit by stocking smarter, identifying your fastest-moving units, and testing new digital tools designed to drive efficiency throughout your used-car operation.
Responding to dealer feedback, the Cox Automotive brand has added a 30-day return option to its DS360 wholesale risk management offering. The guarantee is now available at 100 auction sites, guaranteeing 1.3 million vehicles.
Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis increased by 0.2% in December, according to Manheim. Compared to December 2015, the Manheim Used Vehicle Value Index declined 0.6% to 124.9.
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