How this company helps dealers manage their new car inventory with more precision

Welcome to a different version of The Way forward for Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, the place I put current automotive and mobility information objects into context, when it comes to the broader thematic areas that may doubtlessly influence the trade.

I’m glad that you would be part of us.

This week we have now a particular visitor becoming a member of the present to assist us perceive how sellers must be taking a look at optimizing their new automobile stock.

I’ve at all times been stunned on the lack of options to assist sellers determine which new automobiles to inventory to each drive extra revenue and eradicate prices of their operations.

Our visitor on the present as we speak is Christian Miller, the CEO of Seller Commerce Community. 

Seller Commerce Community is the one firm utilizing proprietary information and analytics to tell market technique and unit placement within the end-to-end new automobile commerce and achievement course of.

The corporate connects shopping for and promoting franchise dealerships, facilitates funds, and manages the whole supply course of.

Because of this, dealerships flip their floorplan sooner and enhance month-to-month income.

Congratulations to the whole Seller Commerce Community group for offering such an modern product for sellers. I sit up for checking again in a couple of months to listen to the way it’s going.

Corporations To Watch

Each week we spotlight attention-grabbing firms within the automotive expertise house to regulate. If you happen to learn my weekly Intel Report, delivered to your e-mail inbox at 7:00 AM on Mondays, I showcase a few firms to look at, and we take the chance right here on this section to share these firms with you.

As we speak, we have now two new firms to look at: PaintJet & Mythos AI.

PaintJet

Our first firm to look at this week is PaintJet, an organization centered on portray tomorrow’s infrastructure with robotics and AI.

PaintJet revolutionizes industrial portray through the use of robotics and superior information to realize high-precision purposes, lowering overspray and predicting belongings’ upkeep life cycles.

PaintJet is concentrated on new development portray, with the promise that PaintJet’s superior expertise permits for large-scale initiatives to be accomplished sooner than common.

Industries they serve embody industrial infrastructure, industrial infrastructure, weatherproofing and even portray marine ships.

Concrete, aluminum, or metal – if it has a floor, PainetJet will paint it!

If you happen to’re keen on studying extra, you’ll be able to take a look at PaintJet at www.PaintJet.com. 

Mythos AI

Our second firm to look at this week is Mythos AI, which is concentrated on Autonomy within the marine house.

Mythos AI is growing superior automation and self-driving for marine vessels.

I used to be up on Lake Hartwell in Georgia this week – out on the water in considered one of Mythos’ autonomous boats, and it’s actually fairly superb expertise to see in motion.

Mythos has taken the whole lot their skilled group has realized from self-driving, autonomous passenger automobiles and created an autonomous framework particular to the maritime area powered by a cloud-based information platform for the aim of eradicating human error from marine navigation.

Mythos AI exists to foster wholesome ports and maintain world commerce shifting as effectively as potential. 

The corporate is completely centered on propelling the maritime sector towards an environmentally accountable, resilient, and equitable actuality.

If you wish to see extra about Mythos AI, you’ll be able to test them out at www.Mythos-ai.com.

If you happen to’re an AutoTech entrepreneur engaged on an answer that helps automobile dealerships, we need to hear from you. We’re actively investing out of our new DealerFund.

If you happen to’re a seller who needs to spend money on early-stage AutoTech firms that profit what you are promoting, let me know. We’re nonetheless accepting new traders into the DealerFund.

If you happen to’re keen on becoming a member of our Funding Membership to make direct investments into AutoTech and Mobility startups with small checks, be part of the Membership. There isn’t any obligation to start out seeing our deal stream.

And don’t neglect to take a look at my ebook, The Way forward for Automotive Retail, on Amazon.com. And maintain a watch out for my new ebook, The Way forward for Mobility, which will likely be out on the finish of the yr.

Thanks as at all times in your ongoing assist, and we sit up for working carefully along with you to create the way forward for this trade.

Thanks for tuning into CBT Information for this week’s Way forward for Automotive section, and we’ll see you subsequent week!