ACV showcases innovative solutions for vehicle acquisition and dealership operations at the 2025 NADA Show in New Orleans.
Quiver AI Summary
ACV, a digital automotive marketplace and data services provider, is set to showcase its innovative solutions at the 2025 National Automobile Dealers Association (NADA) Show in New Orleans. The company aims to enhance dealership efficiency and profitability through its comprehensive offerings, including real-time inventory management tools, improved vehicle appraisal capabilities, and streamlined logistics services. Key features being highlighted include the new QuickQuote feature in ClearCar for flexible inventory acquisition, the ACV MAX Appraisal for precise vehicle appraisals, and enhanced auction tools that simplify buying and selling processes. ACV will also offer educational sessions to help dealers optimize profits and leverage AI in operations. The company, committed to transforming the auto industry, invites attendees to engage with their technologies and insights at booth #1901 from January 24 to 26.
Potential Positives
- ACV is showcasing innovative technologies such as ACV AI and real-time marketplace data at the NADA Show, positioning itself as a leader in transforming dealership operations and inventory management.
- The introduction of new offerings like QuickQuote and ACV MAX Appraisal demonstrates ACV's commitment to addressing dealers' needs for flexibility and precision in appraisals and inventory acquisition.
- ACV Transport provides dealers with convenient logistical solutions, enabling them to purchase vehicles from any location with confidence, enhancing operational efficiency.
- The interactive workshops and Pitch Competition at the NADA Show highlight ACV's dedication to education and community engagement, showcasing industry insights that can drive profitability for dealers.
Potential Negatives
- ACV is positioning itself at a major industry event, which may highlight its need to compete aggressively in a challenging and evolving market landscape.
- The reliance on AI and real-time data insights could create skepticism regarding the company’s capability to truly deliver the promised results, given the complexities of implementing such technologies effectively in the automotive sector.
- ACV’s focus on new offerings and enhancements could be interpreted as an admission that previous solutions may not have fully met dealer needs, suggesting potential gaps in their product lineup.
FAQ
What is ACV showcasing at the 2025 NADA Show?
ACV is showcasing its innovative solutions for inventory acquisition, dealership operations, and appraisal efficiency, utilizing real-time data and AI.
How does ACV AI enhance the appraisal process?
ACV AI helps dealers standardize appraisals, aiding efficiency in various operational settings, including service bays and auction lanes.
What new features are included in ACV MAX Appraisal?
ACV MAX Appraisal offers an appraisal-only option powered by real-time, market-based data for precise vehicle appraisals.
What educational opportunities are available at the NADA Show?
ACV will host a workshop with Kraig Quisenberry and TEC Talks featuring industry experts on relevant automotive topics.
How can dealers meet with ACV during the show?
Dealers can schedule meetings at ACV's booth (#1901) or through the website to learn about ACV's capabilities and solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ACVA Insider Trading Activity
$ACVA insiders have traded $ACVA stock on the open market 56 times in the past 6 months. Of those trades, 0 have been purchases and 56 have been sales.
Here’s a breakdown of recent trading of $ACVA stock by insiders over the last 6 months:
- GEORGE CHAMOUN (Chief Executive Officer) has made 0 purchases and 4 sales selling 700,000 shares for an estimated $14,695,155.
- VIKAS MEHTA (Chief Operating Officer) has made 0 purchases and 3 sales selling 308,647 shares for an estimated $5,853,058.
- CRAIG ERIC ANDERSON (CCDSO) has made 0 purchases and 2 sales selling 248,063 shares for an estimated $5,509,743.
- WILLIAM ZERELLA (Chief Financial Officer) has made 0 purchases and 7 sales selling 227,500 shares for an estimated $4,517,372.
- MICHAEL WATERMAN (Chief Sales Officer) has made 0 purchases and 7 sales selling 185,729 shares for an estimated $3,775,075.
- LEANNE FITZGERALD (Chief Legal Officer) sold 73,167 shares for an estimated $1,379,197
- BRIAN HIRSCH sold 61,666 shares for an estimated $1,148,837
- EILEEN A KAMERICK sold 25,000 shares for an estimated $445,749
- ANDREW PEER (VP, Corporate Controller) has made 0 purchases and 4 sales selling 5,119 shares for an estimated $101,959.
- ROBERT P GOODMAN has made 0 purchases and 26 sales selling 0 shares for an estimated $0.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ACVA Hedge Fund Activity
We have seen 144 institutional investors add shares of $ACVA stock to their portfolio, and 63 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARROWMARK COLORADO HOLDINGS LLC removed 6,045,802 shares (-47.9%) from their portfolio in Q3 2024, for an estimated $122,911,154
- FMR LLC removed 3,894,430 shares (-22.5%) from their portfolio in Q3 2024, for an estimated $79,173,761
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added 3,433,173 shares (+68.5%) to their portfolio in Q3 2024, for an estimated $69,796,407
- ATREIDES MANAGEMENT, LP removed 2,148,185 shares (-27.4%) from their portfolio in Q3 2024, for an estimated $43,672,601
- PARK WEST ASSET MANAGEMENT LLC added 1,145,000 shares (+142.2%) to their portfolio in Q3 2024, for an estimated $23,277,849
- SPYGLASS CAPITAL MANAGEMENT LLC added 1,068,356 shares (+69.1%) to their portfolio in Q3 2024, for an estimated $21,719,677
- WELLINGTON MANAGEMENT GROUP LLP added 1,059,512 shares (+inf%) to their portfolio in Q3 2024, for an estimated $21,539,878
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
BUFFALO, N.Y., Jan. 21, 2025 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, will arrive at the 2025 National Automobile Dealers Association (NADA) Show in New Orleans poised to reshape inventory acquisition, management, appraisals, and dealership operations to help attendees boost efficiency and profitability.
ACV’s data, fueled by millions of used vehicle inspections and transactions from its dynamic digital marketplace, is transforming the way dealers do business—expanding its solutions beyond wholesale operations. From leveraging the service drive for consumer vehicle acquisition to optimizing wholesale operations with real-time pricing and inventory insights, ACV’s team looks forward to engaging with dealers and commercial partners to create solutions that will address their most critical business needs.
ACV AI introduces the future of automotive
This year’s booth (#1901) will give attendees insight into how ACV’s deep moat of high-quality, structured data and AI capabilities are shaping the future of the automotive industry. ACV is showcasing its offerings and featured technologies to empower dealers to solve two key challenges: more effectively acquiring inventory from consumers and streamlining dealership operations.
-
ACV’s leading vehicle appraisal and valuation suite,
ClearCar,
now contains
QuickQuote.
This new offering provides more flexibility for sourcing consumer leads and inventory acquisition. It leverages ACV’s real-time marketplace data to capture customer inquiries and immediately turn them into actionable inventory opportunities.
-
ACV MAX now features
ACV MAX Appraisal,
an appraisal-only option, powered by real-time, market-based data to deliver unmatched precision and confidence in vehicle appraisals. This lighter solution responds to dealer feedback, offering the same accuracy as the ACV MAX Inventory Management Platform in an appraisal-only format. The company’s full-service inventory management offering,
ACV MAX
Inventory Management Platform,
offers a robust set of tools designed to leverage inventory insights to manage current stock, merchandise vehicles, and appraise with ease and precision. Now turbocharged with data from ACV Auctions’ vibrant 24-hour digital marketplace, no other inventory management offering has more real-time insights.
-
ACV Auctions
will introduce new tools and enhancements that simplify buying and selling vehicles, saving dealers valuable time. Buyers now benefit from package codes and enriched vehicle descriptions on late-model vehicles, rental cars from leading rental car companies with warranties, and improved Stockwave integration for easier inventory search. Sellers can schedule auctions, manage offers directly in the app, and utilize the new “Low Reserve” badge feature to boost visibility and mid-auction reserve removal to drive sales success. These updates streamline operations and give dealers an edge.
-
Ship any vehicle anywhere, regardless of its purchase location, with
ACV Transport
. With instant, competitive nationwide quotes, protection against damage or fraud plus smart bundling options for multiple vehicles, dealers can buy quickly and confidently from any lane—digitally or in-person. One-click ordering makes the process simple and quick, and ACV manages every problem, delay, cancellation, dry run, and more so dealers can focus on their businesses instead of logistics.
-
ACV Capital
is a full financing service provider, offering dealers fast, flexible, and transparent solutions to help maximize their purchasing power. Whether buying inventory online or at physical auction locations across the country, ACV Capital offers dealers an option to finance with the confidence of no hidden fees.
NADA Educational Workshop with Kraig Quisenberry
On Saturday, January 25, at 3:30 p.m. CT, ACV Vice President of Strategic Accounts, Kraig Quisenberry, will host an interactive workshop on the Variable Operations track: “
Regain Control of Your Profits
.” As a former dealer with 40 years of automotive experience, Quisenberry will share strategies to unlock profits in the service center, tools to make every auto technician an expert on every vehicle and make vehicle inspections and appraisals faster and more accurate. Dealers will take away methods to completely transform their dealerships into agile, customer-centric enterprises poised for long-term success.
Third Annual Exhibitor Pitch Competition featuring Maggie Donnelly
After a competitive first-round video submission, ACV Research Engineer, Maggie Donnelly, will step into the spotlight on the Main Stage for the popular Shark Tank-style Exhibitor Pitch Competition. On Friday, January 24 at 11:00 a.m., she will deliver a two-minute, live pitch about how ACV AI can help dealers standardize their appraisal process, assist in the service bay, auction lane or any lot they travel to, to a panel of automotive expert judges followed by a lively Q&A. If Maggie is selected as the winner, she will present a 20-minute workshop on ACV AI, how it works and why it’s helping dealers succeed on the Main Stage.
ACV TEC Talks
Throughout the show, ACV will continue its series of TEC (Technology, Education, Community) Talks on stage at booth 1901, where industry experts will share the latest data insights to help dealers thrive. Talks with automotive thought leaders and dealer partners will cover everything from precision pricing to consumer acquisition to AI-powered appraisals.
“We can’t wait to reconnect with our dealer and commercial partners at this year’s NADA Show,” said ACV CEO, George Chamoun. “As 2025 unfolds with evolving market conditions and increasing new vehicle inventory, it’s more critical than ever for dealers to excel in sourcing and selling used vehicles. AI is impacting every industry, and automotive is no exception. Thanks to our meticulous, industry-leading inspections, ACV has cultivated a structured library of data to master the power of AI when it comes to vehicle remarketing. Our TEC Talks and live demonstrations showcase how these cutting-edge solutions can help our partners make smarter decisions with greater efficiency resulting in higher profits. We’re committed to helping our partners thrive in 2025 and shape the future of automotive together.”
Sign-up today to schedule a meeting on a specific topic or for a general ACV capabilities overview at https://www.acvauctions.com/nada .
Learn more about ACV’s product offerings at www.acvauto.com and meet in-person at the ACV booth (#1901) at the New Orleans Convention Center, January 24–26.
About ACV
ACV is on a mission to transform the automotive industry by building the most trusted and efficient digital marketplace and data solutions for sourcing, selling and managing used vehicles with transparency and comprehensive insights that were once unimaginable.
ACV offerings include ACV Auctions, ACV Transportation, ACV Capital, MAX Digital, True360, and ClearCar. For more information about ACV, visit www.acvauto.com.
Trademark reference: ACV, the ACV logo, and ClearCar are registered trademarks or trademarks of ACV Auctions, Inc. or its affiliates in the United States and/or other countries. All other trademarks referenced herein are the property of their respective owners .
Media Contact:
Maura Duggan
[email protected]