The first 10 days of 2023 are in your rearview mirror. As the new year begins and his NADA show approaches, we look back at how the landscape of wholesale auctions continues to change.
Much like the larger automotive industry, the landscape is no stranger to digitization. Such an evolution was already occurring in the 2000s and 2010s, when the Internet became more widely accessible, more businesses began experimenting with e-commerce, and consumers and dealers alike flocked to the online space. I was.
Due to the COVID-19 pandemic in March 2020, we had to bump up our transformation to 11. Nearly three years later, automakers, suppliers, resellers, and dealers are trying to keep pace with increasingly accessible consumer demands. online retail technology.
Cox Automotive’s President of Inventory Solutions, Grace Huang, said this week: Huang oversees wholesale auction giant She Manheim.
Mannheim said in a Mannheim Insight call ahead of the NADA show in Dallas later this month that it is gearing up to make it more comfortable for dealers to do business digitally. At dealer conventions, Auction Network will showcase its work on vehicle imaging using artificial intelligence and diagnostic tools to more accurately indicate battery health in electric vehicles.
Readers, what digital tools or processes are you looking for beyond the 2023 NADA show to transform or make more efficient how consumers and dealers buy and sell cars? Email us. [email protected]Or meet us on the show floor.