KAR Global Launches Improved Status Reporting for BacklotCars

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Collaboration with Thoughtworks Expands Capabilities, Accuracy, and Transparency

CARMEL, Ind. and CHICAGO, May 24, 2022 /PRNewswire/ — KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, discloses reports of status on the company’s BacklotCars platform. To develop and deploy these new capabilities, BacklotCars collaborated with Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation. The new features, which include engine audio recordings, aim to further enhance the BacklotCars customer experience with more accurate, consistent and easier to understand status reporting.

“Vehicle buyers want increased consistency, accuracy, reliability and reliability in the inspection process, and this highly innovative iteration simulates the sight and sound of a vehicle in person,” said Josh Parson, managing director of BacklotCars. “Thoughtworks helped us combine the best features and functionality of the BacklotCars and CARWAVE inspection frameworks while identifying areas for streamlining across platforms. The result is a single, improved condition reporting framework that accelerates sales. for sellers and provides buyers with comprehensive status information that is easy to understand.”

The collection of new features on the Inspection Report has also been streamlined to help ensure consistency of information displayed for buyers across a wide range of vehicle conditions, ages, and mileages.

“We are thrilled to partner with BacklotCars on its journey to revolutionize wholesale automotive with next-generation digital experiences for its dealerships,” said Chris Murphy, President and CEO, Thoughtworks North America. “The expanded digital inspection process will help the business run more efficiently while helping dealers make the most informed buying decision possible.”

Focused on making wholesaling easier so dealers can be more successful, BacklotCars is committed to providing industry-leading technology, a fully transparent bidding environment, condition reporting based on independent mechanical inspections and state-of-the-art digital capabilities. Learn more about BacklotCars here.

About KAR

KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), provides sellers and buyers in the global used vehicle wholesale industry with innovative, technology-driven remarketing solutions. KAR Global’s single end-to-end platform supports whole car, financing, logistics and other ancillary and related services. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in approximately 75 countries. Based at Carmel, IndianaKAR Global has employees across United States, Canada, Mexico, Uruguay, Europe and The Philippines. For more information and the latest news from KAR Global, visit www.karglobal.com and follow us on Twitter @KARspeaks.

Thoughtworks Media Inquiries:
Linda Horuchi
(646) 581-2568
[email protected]

About Thoughtworks
Thoughtworks is a global technology consultancy that integrates strategy, design and engineering to drive digital innovation. We are more than 10,000 people in 49 offices in 17 countries. Over the past 25+ years, we’ve had an extraordinary impact with our clients, helping them solve complex business problems with technology as a differentiator.

SOURCE KAR France

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