Market Overview

CarStory Announces Availability of AI-Driven Analytics and Badges for Marketplaces, Lenders, OEMs and Software Providers

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Powerful Analytics Fuels Experiences and Innovation Across the Entire
Automotive Ecosystem

CarStory,
the automotive AI platform from Vast,
today announced general availability of CarStory Analytics, the AI
platform that powers CarStory
Market Reports
, CarStory
Insights
, CarStory
Leaderboard
and the CarStory
Marketplace
.

"The market is rewarding companies that deliver answers, not just
information," said John Price, CEO of Vast. "Our suite of CarStory
Analytics gives partners the market and vehicle insights they need to
create more valuable solutions for their customers."

These Analytics continue to fuel the adoption of the CarStory Platform.
The industry leading CarStory Market Reports are now live on more than
10,000 dealer websites, the largest deployment of its kind. In addition,
OEMs such as Volkswagen and Hyundai rely on these reports to fuel the
sale of CPO vehicles.

CarStory Analytics provides insight across a wide range of areas
including:

  • Pricing
    Price transparency and analysis are more important
    than ever. With 50,000+ pricing models, our pricing analytics analyze
    a vehicle against the local market to find the best deal. In addition
    to the detailed analysis, deal summaries are rolled up into specific
    pricing badges that includes Great Deal, Good Deal and Fair Price.
  • Features
    Feature analytics highlight which features are in
    high demand, on a specific VIN, in a local market. Beyond demand, the
    analysis also uncovers which features add value to the car, helping to
    explain what makes each used vehicle unique.
  • Consumer Demand
    Local consumer demand is another powerful
    insight. The demand analytics cover popular models, colors, listings
    and also highlight when demand will cause a vehicle to be a fast
    seller.
  • Condition
    When it comes to used cars, condition is second
    only to price. The condition analytics examines mileage and
    reconditioning to give customers a view of how each vehicle compares
    to the local market.
  • Images
    Using computer vision and machine learning, we
    automatically tag images to allow sorting on consumer web experiences.
    Research shows that by placing images in the order consumers want to
    see them increases lead conversion by 13 percent.

To learn more about CarStory Analytics or CarStory Market Reports,
please visit www.carstory.ai/marketreports.

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: carstory.ai.

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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