A renewed partnership between TRADER Corporation and U.S-based solutions company vAuto will mean new initiatives for Canadian used car dealers.
In a written release, TRADER said the five year agreement will enable the company to continue being the exclusive Canadian re-seller of the vAuto product suite, while also helping dealers address their used vehicle inventory management challenges.
Coming this year, vAuto will launch a Subprime Booking tool to help dealers source subprime inventory. vAuto provides data-driven insights to dealers in real time.
Later in the fall, TRADER will be hosting an event featuring vAuto founder Dale Pollak, who will share his insights and inventory management best practices for Canadian dealers.
More information on the event will be released in the coming weeks.
“It was important for us to continue our partnership with vAuto. Since the beginning, we’ve seen exponential growth in product adoption, and the dealers who use vAuto have seen remarkable results, including a 30 per cent reduction in the average days in inventory. vAuto provides major financial benefits to a dealer,” said Robert Rath, vice-president of Dealership Products & Business Development at TRADER.
