fbpx

TradeRev Partners with Dealer Groups

Autosphere » Dealerships » TradeRev Partners with Dealer Groups

TradeRev & ADESA have entered into partnerships with some of Canada’s largest dealer groups.

Tech startup, TradeRev, has announced a series of exclusive relationships with some of the country’s largest dealer groups. The agreements were signed in partnership with ADESA, a 50-percent stakeholder in TradeRev and business unit of KAR Auction Services.

The arrangements make ADESA the exclusive physical auction partner and TradeRev’s mobile app the exclusive online remarketing tool for the dealer groups.

“We’re tremendously proud to have earned the trust and confidence of some of Canada’s largest, most successful and most technologically sophisticated dealer groups,” said Mark Endras, TradeRev CEO and Co-Founder. “Today’s news is a big step forward for our company, our mobile app solution and the wholesale used-car industry in Canada.”

TradeRev’s mobile app provides a way to obtain true market value for trade-ins and used-vehicle inventory. The technology builds transparency and convenience into every automotive transaction by placing live, real-time bidding auctions into the palm of dealers’ hands.

“The ADESA-TradeRev partnership and KAR’s diverse platform of capabilities will provide these progressive dealer groups with a true end-to-end remarketing option,” added Endras. “This huge value-add is not something that’s typically available at the dealer level.”

Categories : Dealerships
AAPEX 2022 Button

SEMA 2021 Button

GTE 2022

Popular Posts

Calendar

february

01febAll Day04AutoAide : Not Too Late to Register For 2022-2023 Training

02febAll Day03CCIF Toronto 2023

07feb4:00 pm5:00 pmFree Service Technician Webinar from ASE: Introduction to Lab Scopes

15febAll DayCADA Summit 2023

17febAll Day26CIAS Canadian International AutoShow