CARMEL, Ind., May 11, 2021 /PRNewswire/ -- ADESA, a
business unit of global wholesale used vehicle digital marketplace
operator KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR),
announces the launch of new condition report capabilities including
the addition of high-definition vehicle undercarriage photos on all
ADESA condition reports. The launch of this enhanced imagery is
aimed at providing buyers with relevant, actionable data to support
smart and confident bidding and buying decisions. The images, which
launched in mid-April, are now available across the U.S. and
Canada.
"We want our customers to have absolute confidence when they buy
vehicles from any of our marketplaces," says Srisu Subrahmanyam,
chief operating officer of ADESA. "In an increasingly digital
environment, buyer confidence is strengthened through accurate and
consistent condition reports. Our goal is to exceed the on-premise
viewing experience for dealers and provide them with more
information, imagery and data than they could gather from watching
a car run down an auction lane. The addition of enhanced
undercarriage photos provides dealers a more in-depth view of the
vehicles they are considering for purchase and will help them make
more confident, predictable and data-informed decisions."
Undercarriage images are captured using ADESA's new inspection
technology platform—launched earlier this year—that powers high
quality and high resolution photos to enhance vehicle condition
reports. With this technology, vehicle inspection specialists are
able to complete inspections more quickly and accurately—providing
better, more consistent information to buyers.
The undercarriage images can be found in the photos section of
the condition report. They include left side, right side, rear and
front views and allow buyers to better assess a vehicle's
undercarriage for rust, any damaged structural components or leaks
as well as exhaust, frame and rocker panel conditions, which may be
visible in such photos. And because the images are static, dealers
can enlarge the photos using the zoom-in function to see close-up,
highly specific undercarriage detail.
"Our vehicle inspection specialists understand the increasing
importance of their role and the responsibility they have to our
customers," said Richard Carpentier,
head of inspection solutions at KAR Global. "They have received
rigorous, hands-on training on this new undercarriage imaging
capability and have a deep understanding of how these additional
images will be relied upon by our customers. And by strengthening
the quality of our vehicle condition reports, we're helping
increase buyer confidence while improving outcomes for
sellers."
Evolving the most innovative and technologically advanced
inspection capabilities remains a key focal point for ADESA and
KAR's other digital marketplace businesses. This new addition comes
following the recent announcement of KAR's partnership with Ravin
AI in North America to expand
KAR's inspection portfolio with mobile-based, data-driven
artificial intelligence capabilities for damage detection and
vehicle representation. The partnership also fortifies the seamless
flow of inspection information, data and images throughout the
entire remarketing lifecycle for the company's customers.
ADESA is a leading provider of digital marketplaces for
wholesale used vehicles supported by more than 70 vehicle logistics
center locations across North
America. ADESA's progressive technology, data-driven tools
and industry leading customer support are helping make wholesale
easy so its OEM, financial institution, rental, fleet, and
franchise and independent dealer customers can be more successful.
Learn more about ADESA here.
KAR
Contacts
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|
Media
Inquiries:
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Analyst
Inquiries:
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Jill
Trudeau
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Mike
Eliason
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(317)
796-0945
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(317)
249-4559
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jill.trudeau@karglobal.com
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mike.eliason@karglobal.com
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About KAR
KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR),
provides sellers and buyers across the global wholesale used
vehicle industry with innovative, technology-driven remarketing
solutions. KAR Global's unique end-to-end platform supports whole
car, financing, logistics and other ancillary and related services,
including the sale of nearly 3.1 million units valued at over
$40 billion through our auctions in
2020. Our integrated physical, online and mobile marketplaces
reduce risk, improve transparency and streamline transactions for
customers in about 75 countries. Headquartered in Carmel, Indiana, KAR Global has employees
across the United States,
Canada, Mexico, Uruguay, U.K. and Europe. For more information and the latest
KAR Global news, go to www.karglobal.com and follow us on
Twitter @KARspeaks.
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SOURCE KAR Global