ACV to Showcase the Future of Vehicle Sourcing and Inventory Management at the 2024 National Automobile Dealers Association Show in Las Vegas

Dealers win by leveraging ACV’s data and AI-powered inspection technologies

BUFFALO, N.Y., Jan. 11, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, will be taking center stage at the 2024 National Automobile Dealers Association (NADA) Show in Las Vegas. The company is focused on helping dealers "WIN with ACV" and excel in consumer acquisition, vehicle pricing and more.

ACV has end-to-end solutions to help partners solve these challenges, and the team looks forward to engaging with dealers to showcase its offerings.

Some key dealer solutions for the show will include:

• How to more effectively source inventory from consumers
• How to buy more with more confidence at target gross profits
• How to leverage ACV’s data and technology to inspect and appraise inventory
• How to harness the power of data to streamline dealership operations
• How to sell wholesale and retail cars faster with greater reach and higher gross profits
  

ACV Technology Showcase
This year’s booth (#2721W) will feature an interactive demo space offering dealers hands-on experience with ACV’s solutions. Featured technology will include:

• ClearCar: ClearCar will be spotlighted as dealers can demo the product and understand how to more effectively source consumer inventory leveraging ClearCar Price and ClearCar Capture. ClearCar decodes the relationship between vehicle condition and value, allowing ACV’s dealer and commercial clients to have more transparent conversations with consumers. ClearCar Capture enables consumers to submit photos of their vehicles for further documentation of condition through an AI imaging and self-inspection tool. Consumers benefit from having greater visibility into how vehicle value is determined while ensuring dealers hit their target margin objectives.
  
  
• Vehicle Inspection: ACV will showcase its enhanced inspection technology. Dealers will see ACV’s AI imaging capabilities firsthand, along with the company’s APEX and Virtual Lift technologies, and learn how all these solutions provide confidence when sourcing vehicles. Within one device, APEX leverages a multitude of sensors to help dealers understand vehicle issues detected from sound, vibration and more. In addition, Virtual Lift gives a clear and accurate view of the vehicle’s undercarriage in seconds, including full-length panoramic imagery, without needing to climb under a car or wait to put it up on a lift.