ACV launches next-level capabilities for dealers at NADA

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BUFFALO, NY, March 09, 2022 (GLOBE NEWSWIRE) — VCA (Nasdaq: ACVA), the digital automotive market leader and data services partner for dealers and business partners, gives dealers deeper insight into the company’s latest solutions to address some of the biggest challenges facing car dealerships today. From used vehicle inventory shortages to managing price and valuation volatility, ACV is presenting at the 2022 National Auto Deals Association (NADA) Conference in Las Vegas, March 11-13, 2022, with a full suite of data- and artificial intelligence (AI)-powered digital technologies that will take dealerships to the next level.

Dealerships need improved tools to acquire consumer inventory and deliver a consistent experience both at home and when the consumer visits the dealership. At NADA, ACV will showcase its next-generation platform of MAX digital, Conduct and SAS Monk to enable dealers to successfully research, appraise, evaluate and acquire personally owned vehicles. Attendees will have the chance to experience first-hand how ACV integrates its consumer sourcing capabilities with Monk’s AI computer vision, automating vehicle damage detection with unparalleled transparency. Combining these new technologies with ACV’s robust data and marketplace platform will allow dealers to confidently source the right inventory from multiple sources, including ACV’s wholesale platform. business and consumers.

As dealers navigate today’s tumultuous landscape, ACV has been working on products that add transparency and data to enhance its state-of-the-art status reporting for an even better in-market experience. Booth visitors will find an interactive way to engage with ACV features such as Virtual Lift® and Audio Engine Profile (AMP®) through live demonstrations and gamification activities, putting their skills to the test by analyzing engine recordings and identifying problem spots in a vehicle’s undercarriage.

“We look forward to showcasing our latest investments and product enhancements to help dealers acquire and sell vehicles with the utmost transparency and efficiency,” said ACV Auctions CEO George Chamoun. “As we continue to grow our consumer sourcing offerings and our digital offerings for resellers and business partners, my team and I are very excited to have the opportunity to engage in person at our booth. .”

ACV invites dealers to learn more about the latest technologies and offers at booth #2721W. Dealers can participate in these live demonstrations, as well as enjoy refreshments, interactive car-branded arcade games and exciting giveaway opportunities. Those interested in scheduling a meeting to learn how VAC can improve their dealership can register here.

Tickets will also be available at the booth for ACV’s Pitstop, an open bar reception featuring past hors d’oeuvres, dueling pianos and a DJ hosted at MARQUEE at Cosmopolitan Las Vegas on Friday, March 11, from 7:00 a.m. to 11:00. p.m. PT.

ACV executives will also share their expertise and knowledge of the used car industry in the following sessions:

Thursday, March 10, 4:00-5:00 p.m. PT, Room #W212
Tim Scoutelas, Director of Strategic Accounts, MAX Digital, will outline the five important steps to launching and navigating a successful customer buying center. It will provide tips and tricks to help dealers focus more on securing the right inventory in 2022 while building customer relationships for the future.

Saturday, March 12, 9:00-9:20 a.m. PT, Dealer Learning Lab (Exhibit Hall, Booth 1911W)
Doug Hadden, Vice President, Field Initiatives, ACV, will teach attendees how to prepare for market fluctuations, explaining how to use better data to accurately price cars. Additionally, he will discuss buying more profitable vehicles, managing inventory, and predicting trends, showing how to diversify acquisition with multiple sources for used car inventory. New to NADA this year, the Dealer Learning Lab will focus on stock volatility and provide ways to stay ahead of disruptions.

About Apple Cider Vinegar
ACV provides a vibrant digital marketplace for wholesale vehicle transactions and data services that provides customers with transparent and accurate vehicle information. As part of a mission to create and enable the most trusted and efficient digital marketplaces for buying and selling used vehicles, ACV’s platform leverages information and technology from data to power its digital marketplace and data services, enabling dealers and business partners to buy, sell and value vehicles with confidence and efficiency. ACV’s brand network includes ACV Auctions, ACV Transportation and ACV Capital in its Marketplace products as well as True360, ACV Data Services, MAX Digital, Drivably and Monk SAS. For more information on ACV, visit www.acvauctions.com.

Media Contact:
Maura Dugan
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0759a455-82e6-4e2b-9beb-f4a50b2ba539

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