ATLANTA, Oct. 2, 2017 /PRNewswire/ — RMS Automotive and Manheim are making it easier for independent U.S. dealers to source manufacturers’ vehicles before they cross the auction block. A new co-listing capability gives independent dealers access to all open sale vehicles listed on RPM, the Nissan and INFINITI digital sales platform powered by RMS Automotive. The open sale inventory on RPM will be simultaneously co-listed on Manheim.com and OVE, Manheim’s online wholesale marketplace, from 3 p.m. – 6 p.m. EDT, Monday through Friday. This new offering not only provides independent dealers with access to a larger selection of high-quality used vehicles, but also increases exposure of the manufacturers’ inventory to Manheim’s vast digital buying audience to help drive transaction speed. Dealers can choose from inventory located nationwide across the Nissan and INFINITI dealer network, and can conveniently move the inventory with transportation options provided by Ready Logistics.
“Obtaining vehicles as cost- and time-efficiently as possible is the name of the game for dealers in today’s competitive used-car market,” said Nick Peluso, president of Manheim Digital Marketplace and RMS Automotive. “By offering open sale listings to the largest base of online buyers on Manheim.com and OVE, we can offer dealers early access to thousands of sought-after, pre-auction Nissan and INFINITI vehicles.”
With this solution, open sale inventory found on the Nissan and INFINITI RPM platform is now included in dealers’ Manheim.com and OVE search results. By clicking on a co-listed vehicle, Manheim and RMS Automotive use single sign-on authentication to seamlessly direct dealers to Nissan and INFINITI’s private label website where they can evaluate, bid, buy and make offers. Facilitations of this pre-lane inventory are handled by the trusted Manheim digital marketplace and are offered with a sliding scale buy-fee based on vehicle price.
“In addition to enabling buyers to access an unprecedented selection of inventory, this digital solution helps manufacturers’ like Nissan and INFINITI drive transaction speed and efficiency by offering the right vehicles to the right dealers at the right time,” said Peluso.
Nissan and INFINITI have conducted closed franchise sales and grounding returns on the RPM technology platform with RMS Automotive since May 2016. This new open sale capability demonstrates the power of Cox Automotive’s comprehensive and leading digital remarketing channels, which averaged more than 135,000 monthly users and facilitated more than 1.6 million transactions in 2016.
About Nissan North America
In North America, Nissan’s operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program and has been recognized annually by the U.S Environmental Protection Agency as an ENERGY STAR® Partner of the Year since 2010. More information on Nissan in North America and the complete line of Nissan and INFINITI vehicles can be found online at www.NissanUSA.com and www.infinitiusa.com, or visit the U.S. media sites NissanNews.com and infinitinews.com.
INFINITI Motor Company Ltd. is headquartered in Hong Kong with representations in 50 markets around the world. The INFINITI brand was launched in 1989. Its range of premium automobiles is currently built in manufacturing facilities in Japan, the United States, United Kingdom and China. INFINITI design studios are located in Atsugi-Shi (near Yokohama), London, San Diego and Beijing. INFINITI is in the middle of a major product offensive. The brand has been widely acclaimed for its daring design and innovative driver-assistance technologies. From the 2016 season, INFINITI is a technical partner of the Renault Sport Formula One team, contributing its expertise in hybrid performance.
About RMS Automotive
Transacting vehicles in multiple countries and growing, RMS Automotive, a Cox Automotive Brand, delivers a global enterprise software solution that enables its commercial clients to manage their portfolios across the complete vehicle lifecycle – from new car build to used car sale. Through automation and data science, RMS Automotive provides VIN-specific recommendations for accurate vehicle pricing as well as optimal reconditioning and inventory distribution. These services deliver real-time integration with a client’s platform, faster remarketing time, reduced depreciation/cost of capital, improved residuals and reduction in wholesale losses. For more information about RMS Automotive, visit www.rmsautomotive.com.
About Cox Automotive
Cox Automotive Inc. is transforming the way the world buys, sells and owns cars with industry-leading digital marketing, financial, retail and wholesale solutions for consumers, dealers, manufacturers and the overall automotive ecosystem worldwide. Committed to open choice and dedicated to strong partnerships, the Cox Automotive family includes Autotrader®, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, RMS Automotive®, vAuto®, Xtime® and a host of other brands. The global company has 32,000-plus team members in more than 200 locations and is partner to more than 40,000 auto dealers, as well as most major automobile manufacturers, while engaging U.S. consumer car buyers with the most recognized media brands in the industry. Cox Automotive is a subsidiary of Cox Enterprises Inc., an Atlanta-based company with revenues exceeding $20 billion and approximately 60,000 employees. Cox Enterprises’ other major operating subsidiaries include Cox Communications and Cox Media Group. For more information about Cox Automotive, visit www.coxautoinc.com.
SOURCE RMS Automotive
Author: Digital Dealer
Digital Dealer exists to help dealers and their managers sell more vehicles more profitably by creating the best live events and media in the industry.