Online Auctions – Purchasing Inventory
This year's Diamond and Platinum Award winners in the category of Online Auctions – Purchasing Inventory were a couple of familiar faces.
Online Auctions – Purchasing Inventory
Winning the Diamond Award for the second consecutive year is Manheim. “The same customer focus that keeps us in the top categories for traditional auctions services provides the energy and passion to our online channel,” stated Joe George, group vice president of online solutions for Manheim. “Our team has aggressively evolved the Manheim online marketplace to match the changing needs and wants of our customers. OVE allows our customer 24/7 access to the largest inventory supported by the best operations team in the industry!”
With this year’s Platinum Award win, Ally SmartAuction not only earned Double-Platinum status but also continued its streak as the only provider to win an award in the category every year since the inception of the Dealers’ Choice Awards.
“It’s a great tribute to our team to receive a Dealers’ Choice Award for the eighth consecutive year,” said Steve Kapusta, vice president of Ally SmartAuction. “We are proud of our relationships with a number of key consignors which help to keep SmartAuction fresh, and we’ve added links to transportation providers, vehicle history reports and valuation guides to enhance the dealer experience. It’s an honor to be recognized by Auto Dealer Monthly for these efforts.”
Company | Award | Score |
Manheim | Diamond | 100 |
Ally SmartAuction | Platinum | 99.3 |
Group Average | 97.7 |
Vol. 9, Issue 4
More Dealer Ops
Dealership Profits Decline
While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
Read More →
Dealer Debrief: Defection Data & EV Updates
In this week's debrief, host Lauren Lawrence discusses how to use defection data to your advantage and the latest on EV sales and charging infrastructure.
Read More →
How Defection Data is Bridging the Dealership Conversion Gap
Lead volume is flat, cross-shopping is up and brand loyalty is in retreat. As confident sales teams keep losing buyers they thought they had, daily industry sales data is showing dealers exactly where their funnel is breaking and how to fix it without buying a single new lead.
Read More →
Dealer Debrief: Where are you losing customers?
In this week's debrief, host Lauren Lawrence discusses the hidden leaks in dealerships where you might be losing customers without even realizing it.
Read More →
Dealer Debrief: Improving Your Inventory Management
In this week's debrief, host Lauren Lawrence covers a new survey that shows what service technicians really want and two launches that could help improve your inventory and vehicle life cycle management.
Read More →
Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →