Special Coverage

NADA Convention & Exposition

LAS VEGAS – DealerTrack unveils a new inventory management solution, called InventoryPro, which it says provides dealers with analytical tools to manage inventory turnover by customizing their sales history and market data.

DealerTrack’s Chairman and CEO Mark O’Neil and DealerSolutions Senior Vice President Raj Sundaram introduced the new product today at the National Automobile Dealers Assn. convention here.

“Inventory management is on the top of the list,” O’Neil says.

InventoryPro, which serves as a replacement for DealerWire, allows dealers to stock more of the models that sell faster, the company says, while ridding inventories of less-profitable vehicles.

Using InventoryPro, dealers also can learn values from “Manheim Market Report,” Black Book and Kelley Blue Book in order to properly price vehicles, the company says.