TradeRev-H uses machine learning to aid inspections

TradeRev-H, an enhanced version of ADESA's TradeRev app for one-hour online auctions, seeks to tap machine learning to change how vehicle inspections are done. KAR Auction Services Inc. unveiled the enhancements to TradeRev, based in North York, Ont., near Toronto, in March before the NADA Show. KAR Auction Services Inc. in October 2017 acquired full ownership of the Canada-based TradeRev technology that allows dealers to electronically bid on and purchase used vehicles before they reach physical auctions. To indicate that the technology is groundbreaking, the "H" is for Grace Hopper, a U.S. Navy rear admiral credited with developing the precursor to the Common Business Oriented Language, or COBOL, computer- programming language. "For any digital remarketing channel, the visual condition report is key," said Peter Kelly, KAR's chief technology officer.