Market Overview

Vast Unveils New CarStory Market Reports to Power AI-Driven Car Sales

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CarStory,
Vast's automotive AI platform, today announced an enhanced version of
its Market
Reports
. The new CarStory Market Reports give customers a complete
pricing, condition and feature analysis to discover and decide on the
right car—in real-time, on any mobile device.

Eighty-one percent of car shoppers now use smartphones to find cars.
Without an intuitive mobile experience, users move on. CarStory Market
Reports engage users and give dealers the results they demand.

"I'm always looking for solutions that give our customers a better
buying experience," said Tom White Jr., GM at Subaru of Wichita. "The
CarStory Market Reports are like having your best salesperson talking to
every customer online. We've witnessed the reports shorten our sales
process as shoppers quickly move from online browsing to on-the-ground
buying. The end result is confidence in dealer inventory, and you can't
put a price on that."

Over 15 million consumers engage with CarStory each month. Market
Reports are generated in real-time for the most accurate view of each
vehicle and market. The new release already shows a 300 percent increase
in consumer engagement and a 20 percent uptick in lead conversions. Over
7,000 dealers, 50 percent of the top 10 dealer groups and multiple OEMs,
including Volkswagen, Hyundai and Ford, currently use the CarStory
Market Reports.

"Building on more than ten years of automotive expertise and data,
CarStory is uniquely positioned to apply mobile technology and UX to
merchandise vehicles and move more inventory," said Neil Everette, Head
of Design at Vast's CarStory. "The new Market Reports further increase
time spent on dealers' websites, in turn driving conversions. When end
users are happy, the whole industry moves forward."

CarStory remains completely free to dealers, a $400/month value. Dealers
that already work with CarStory automatically receive the newly designed
CarStory Market Reports. For more information, or to sign up, please
visit: dealers.carstory.com.

About CarStory

Powered by the industry's largest database of inventory and shopper
insights, CarStory uses artificial intelligence (AI) and machine
learning to help both consumers and dealers make confident decisions.
With a network of over 7,000 dealers nationwide, and touching over 15
million consumers a month, CarStory is the leading automotive analytics
platform in the industry. To learn more or sign up, visit: dealers.carstory.com.

About Vast

Vast is the leader in Automotive Vertical AI for automotive industry,
applying domain knowledge, expertise and content to service
customer-acquisition, vehicle sales and data analysis. Vast's auto
platform, CarStory, supports a number of products including CarStory
Market Reports and CarStory.com. Founded in 2005, Vast is the premier
provider of automotive big data solutions for the largest brands in
automotive. Learn more at vast.com.

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