Cox Automotive Names Alan Lang SVP of Physical Services and Auctions at Inventory Solutions
Lang tapped to spearhead strategic client initiatives to enhance the growth and profitability of Manheim’s physical services, auctions and marketplace.
Impel Launches Car Buying AI, Integrates with ACV Auctions’ ClearCar
By bringing leading-edge technology to the process of qualifying and valuing vehicles offered for sale by consumers, dealers will be able to more consistently and cost-effectively source inventory directly from consumers.
Manheim Reinforces Vital, Long-Term Importance of Physical Auctions to Clients, Industry
Through August, Manheim U.S. operating locations processed over 25,000 used EVs, representing a 43% rise from the same period in 2022.
Ship.Cars Announces Enhanced Features for Auctions, Dealers
Ship.Cars® Announces Enhanced Features for Auctions and Dealers, as Part of Its LoadMate Pro Offering.
CarMax Partners with UVeye to Automate Inspections at Wholesale Auctions
CarMax’s wholesale business sold more than 700,000 vehicles during fiscal year 2022
CarMax Partners with UVeye to Automate Inspections at Wholesale Auctions
CarMax is partnering with UVeye to provide AI-enhanced condition reports for buyers of vehicles sold at auction.
Repair OnDemand Connects Fleets, Auctions, Dealerships and More with a Nationwide Network of Sublet Repairers
Repairify LLC (“Kinderhook”), announced it has built and is now successfully operating a two-sided sublet repair marketplace.
The Blending of Physical and Digital Auto Auctions, Part II
Digital auctions have picked up speed, and the formats are blending with each benefitting from the other’s learnings. Here are three unique benefits and drawbacks that digital auctions offer.
The Blending of Physical and Digital Auto Auctions, Part I
Digital auctions have accelerated significantly in recent years. Physical and digital have their own unique strengths and weaknesses, resulting in a rapid acceleration in the blending of the two formats. To find the best of both worlds, let’s take a deeper look at the first two key elements at play.
Floorplan Financing Available through ACV Auctions’ Digital Platform
First Business’s Floorplan Financing services offers dealers the flexibility to finance used car purchases, preserving cash flow.