User:AndrewBilodeau/sandbox

vAuto® is an inventory management solution provider offered under Cox Automotive®. vAuto provides innovative technology, tools and business intelligence to franchise and independent automotive dealerships across the United States and Canada, helping them compete more effectively and increase new/used vehicle sales volumes and profits. The Provision® suite of tools helps dealers properly appraise, acquire, merchandise and retail used vehicles. Used vehicle solutions extend to Stockwave (auction acquisition) and iRecon (reconditioning). Conquest helps dealers increase new vehicle sales and profits.

History
vAuto was founded in 2005 by a group of automotive industry veterans determined to provide dealers with a new way to manage their used vehicle inventory in a new era of the automotive industry. Dale Pollak serves as executive vice president for Cox Automotive, a position he’s held since the company he founded, vAuto, became part of the Cox family in 2010. Built on thought leadership from founder and industry visionary Dale Pollak, vAuto’s technologies delivered real-time supply-and-demand metrics in software tools that seamlessly applied Velocity® principles to its customers’ used vehicle operations.

Changing the Landscape
In late 2010, when vAuto was acquired by AutoTrader Group, the company gained one-of-a-kind access to data from Autotrader and Manheim, the nation’s premier retail and wholesale marketplaces. When Cox Enterprises formed Cox Automotive in 2014, vAuto and its fellow AutoTrader companies became part of a family of more than 20 leading wholesale and retail automotive brands, with a shared vision of providing end-to-end solutions for dealers.

This affiliation drove further development of vAuto’s Provision® Suite of used vehicle inventory management tools. The Provision system now provides unparalleled insights into consumer demand and wholesale availability to help dealers identify, source and retail the “right” used vehicles in a more efficient and profit-focused manner.

Stand-alone Applications
In 2016, vAuto launched Stockwave, a stand-alone wholesale solution designed to transform the way dealers source and purchase vehicles at auction. An evolution of the former vAuto Genius Labs product line, Stockwave uses real-time market data and deep integration with multiple leading auction houses across the country to find the perfect used vehicles for a dealer’s acquisition strategy. vAuto also offers the Kelley Blue Book® Price Advisor Report, a tool that helps dealers bring Kelley Blue Book’s trust to their used vehicle listings.

Expansion to the new car market
In 2014, vAuto expanded beyond used vehicle management with the introduction of Conquest™, the industry’s first new car inventory management and pricing software of its kind. Built on new thought leadership from Pollak, Conquest challenged dealers to leave their old new car thinking behind and embrace new directives that lead to greater volume and profitability — from advanced stocking and pricing strategies to an innovative approach to managing incentives.

Performance Management
Since its inception, vAuto has been committed to providing ongoing training, proactive coaching and support to ensure dealers achieve results they never thought possible. vAuto couples its premier software solutions with industry standard–setting Performance Management for dealer clients. Each dealer has a dedicated Performance Manager to help run Provision and Conquest to their fullest potential.

Conquest™
New car inventory management and pricing software that goes beyond the OEM system, providing competitive insight into the entire new car market. Conquest gives a Live Market View in real time, resulting in better new car strategies. You get comprehensive, industry-leading information — virtually 100% of the data you need — to guide your new car pricing, merchandising and promotion decisions. Utilizing Conquest’s powerful insights improves your competitive advantage and helps you maximize profitability and increase sales even more.

ProfitTime®
ProfitTime, based on vAuto’s Investment Value Method of Inventory Management, identifies every vehicle as an individual investment and lets dealers clearly see the vehicles that can be priced to get gross and the ones that need to be priced to move quickly, helping you balance turn and gross for optimal overall profitability.

Provision®
Used car inventory management and pricing software that provides the live market insight to make smarter decisions. Time is precious, profits are always at risk, and there’s no margin for error. Provision provides data-driven strategy that gives a precise understanding of the market — and how to manage inventory to stay ahead. Provision used car software from vAuto applies the most powerful live market data available to help franchise dealerships speed sales and increase profits.

Stockwave
Wholesale vehicle sourcing software that gives insight into which vehicles will gross, where to find them and what to pay. Stockwave draws from a broad range of sources to provide the most accurate, up-to-the-minute Live Market View of today’s used car values and pricing, giving you the most complete set of wholesale data.

iRecon
Management and automation software for the reconditioning process that helps get cars ready for the front line faster. Each additional day that one of your used vehicles sits in service or waits on a vendor, you lose out on profit. And multiple cars stalled in the process means multiple hits to your bottom line. By eliminating inefficiencies, iRecon helps to communicate with partners, reduce holding costs and get vehicles in front of customers sooner. Because the sooner they see them, the sooner you can sell them.