AUSTIN, Texas--(BUSINESS WIRE)--CarStory, Vast’s automotive AI platform, today announced new features for CarStory Insights’ Inventory IntelligenceTM, the industry’s only sales prediction tool. This update to the recently launched CarStory Insights platform, capitalizes on more than a decade of data and analytics experience. Combining AI and machine learning gives dealers a clear view how every car on their lot will sell.
“Today, 50 percent of a dealer’s inventory will sell too fast or too slow,” said Chad Bockius, President and Chief Product Officer of CarStory. “CarStory Insights is the only product that shows how price changes affect a vehicle’s days on lot. Having this insight is key to maximizing profits and turn. The new enhancements to CarStory Insights demonstrates our commitment to innovation and incorporates months of dealer feedback delivered in an elegant and user-friendly interface.”
With CarStory Insights dealers can finally get answers, not information. By monitoring the local market, dealers have the power of AI at their fingertips to make better and more profitable pricing decisions on every car.
Enhancements to CarStory Insights include:
- Prediction Explorer: See how a price change will impact time to sell.
- Deal Analysis: Know where you need to price a vehicle to be a Good, Great or Fair Deal.
- Market Pulse: Get a real-time view of changing supply and demand conditions.
- Instant Alerts: Receive notifications the second a market change affects your inventory.
- Customized AI: Price and turn predictions now include historical dealer performance that get smarter with each car sold.
- Instant Search: Quickly search by make, model, VIN or stock number.
- Dealer Group Support: Easily switch between dealerships to monitor performance across your entire group.
- Performance Dashboard: See the cars that will cost your dealership, before it’s too late.
- Responsive Web Experience: Enjoy the full experience of CarStory Insights on your mobile phone or browser.
This new functionality is available today as a free upgrade to current CarStory Insights customers by updating the product on the Apple App Store or Google Play Store. New customers can subscribe for a free 30-day trial by visiting https://www.carstory.ai/insights/
Powered by the industry’s largest database of inventory and shopper insights, CarStory uses artificial intelligence (AI) and machine learning to help both consumers and dealers make confident decisions. With a network of over 10,000 dealers nationwide, and touching over 15 million consumers a month, CarStory is the leading automotive analytics platform in the industry. To learn more or sign up, visit: www.carstory.ai.
Vast is the leader in Automotive Vertical AI for automotive industry, applying domain knowledge, expertise and content to service customer-acquisition, vehicle sales and data analysis. Vast’s auto platform, CarStory, supports a number of products including CarStory Market Reports and CarStory.com. Founded in 2005, Vast is the premier provider of automotive big data solutions for the largest brands in automotive. Learn more at vast.com.