Auction Streaming’s Success at the 2019 CAR Conference

Largo, FL, April 12, 2019 --( Auction Streaming, a division of Webxloo LLC and an Auction Management Solution provider, recently attended the 2019 Conference of Automotive Remarketing (CAR).

This year the conference took place at Caesars Palace in Las Vegas, NV on March 26 to 27. At the 2019 CAR show, the company discussed the current challenges and defining changes that the automotive remarketing industry is facing today, along with the various ways to overcome them through leading-edge technology and AI solutions.

Traditionally, dealers haven’t had much of a choice when it came to inventory acquisition, and they have been forced to attend physical auctions. However, the automotive industry has seen a shift that Independent auctions can’t afford to neglect: dealers want to be able to buy vehicles online. Such an option will enable dealers to do away with all of the added costs of travel expenses, the shipping of vehicles, and exorbitant buy & sell fees associated with brick-and-mortar auctions.

Auction Streaming’s main goal is to provide Independent auctions with the software needed to make them relevant in the market immediately and to help them rise above the small players perpetually in beta mode.

“As our clients and partners join us as an ideal solution provider, we look for an entity with the resources, finances, and forecast to bring our mutual service to fruition in the marketplace,” David Vahman remarked, the Founder and CEO of Auction Streaming.

One of the most discussed topics at the 2019 CAR show was the importance of having software with a high level of interoperability between independent systems in order to provide online bidders with a seamless experience.

“We have integrated a suite of 10 auction related modules into one state-of-the-art platform. We list all of our products and services online for comparison. With over 36,000 dealerships worldwide, 24 auctions and 12 marketplaces live, I believe we have passed the qualification stage of being 'Tried and Tested' as a unifying solution provider. This makes us one of only two providers globally that can bridge the bi-directional gap of automotive wholesale to retail remarketing migration,” concluded Mr. Vahman.

Additionally, Auction Streaming is the only provider with a Multi-Language mobile sales platform, which makes it unique in having an entire suite of modules in one platform as a commercially available SaaS solution.

About Auction Streaming

Auction Streaming’s CAMS IITM is a feature-rich auction management system tailored specifically to meet the needs of independent auctions. Auction Streaming was awarded as being one of the best innovative companies of 2018 by technology forecasters.

More recently, Auction Streaming has upgraded and enhanced its auction software suite with new features and modules, such as the Apps for mobile bidding and reporting, automated buyer-seller negotiation, and more to come.

These new products, along with time-tested and proven auto auction software, will help independent auctions to be well-organized and attract more distant audiences to their lanes.
Joe Kramer