Its auction segment began in 2019 and has led the two segments with triple-digit growth for three years .
The digital auction company is collaborating with Thoughtworks to expand capabilities, accuracy and transparency.
Orlando Longwood Auto Auction plans to install Black Widow Imaging to improve their customer experience.
The collaboration will harness artificial intelligence to create accurate and consistent vehicle assessments as part of Black Widow's imaging system.
The new digital tool paves the way to AI-enhanced condition reports with automated damage detection.
The increased digital transactions since 2019 point to a wide embrace of online auction markets.
FastLane will be the anchor asset for EBlock to expand its reach by enabling digital dealer-to-dealer buying and selling, positioning EBlock for further reach in the U.S. Midwest.
The agreement is closely aligned with KAR’s digital strategy, and will allow KAR to focus on its portfolio of digital marketplaces.
A new Purchases Page brings greater speed and centralized buying to customers.
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