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Enhancement to ProfitTime GPS, Global Search platform simplifies vehicle acquisition,
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Merchandising and marketing vehicles outside dealer’s DMA may offset cooldown in consumer demand.
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Current inventory levels rest at a 31-day supply for U.S. dealers, reports Cox Automotive subsidiary vAuto.
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Manheim has released three new enhancements to its digital marketplace designed to benefit buyers and sellers: 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.
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Manheim and vAuto continue to create new connections across their digital platforms, helping dealers reduce depreciation risk and drive greater inventory profitability.
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Across Manheim Digital and vAuto’s Stockwave and iRecon, these new leaders will focus on creating new digital wholesale solutions that help clients acquire inventory more efficiently.
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An enhanced integration with iRecon will allow dealers using vAuto Provision to manage inventories and reconditioning at the same time, an ‘end-to-end’ process billed as the industry’s first.
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The latest iteration of iRecon was designed to help smart device-equipped vendors manage work requests and dealer relationships while streamlining the reconditioning process.
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vAuto announced the addition of Live Market View and Autotrader’s Scarcity Index to its proprietary Stockwave digital wholesaling platform.
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An ‘insights-driven’ upgrade to vAuto’s Conquest platform was designed to drive new efficiencies in the dealer-to-dealer new-unit trading process.
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