Did you know that roughly 30% of VINs can't be definitively matched to a single trim level? This means inaccurate valuations and wasted time on manual adjustments. Our data science team has harnessed the power of AI and big data to create a groundbreaking process that tackles this challenge head-on. Here's how it works: ➡️ Unmatched Accuracy: We can now match 17-digit VINs to a single trim, including any applicable add-on or deduct features. ➡️ Massive Data Powerhouse: We process millions of records daily from a vast network of data sources, ensuring the most comprehensive coverage. This includes invaluable build data directly from OEMs. ➡️ The Power of Language: We leverage cutting-edge Natural Language Processing (NLP) and machine learning to unlock the full potential of this data, achieving unmatched precision. Learn more and unlock precision VIN decoding: https://lnkd.in/dhKnkUT #Innovation #AI #BigData #VINDecoding #AutoIndustry
About us
Black Book powers the automotive industry with the most precise data and analytics in the market. We reduce risk, increase profitability, and fuel growth with flexible solutions that drive intelligent decisions. Black Book data is published daily by National Auto Research, a Hearst company, and is available to industry qualified users through subscriptions to our website (www.BlackBook.com), applications for mobile devices, and via a wide variety of regularly published guides. Black Book Data is also available to industry qualified companies for license and sublicense through proprietary web services, APIs, and data feeds.
- Website
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http://www.blackbook.com
External link for Black Book
- Industry
- Motor Vehicle Manufacturing
- Company size
- 51-200 employees
- Headquarters
- Lawrenceville, Georgia
- Type
- Privately Held
Locations
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Primary
Lawrenceville, Georgia 30043, US
Employees at Black Book
Updates
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Wholesale Insights: https://lnkd.in/eqNxukn9 Last week, the declining wholesale market persisted, with both car and truck segments experiencing drops, several exceeding 1%. The rise in auction inventory across the country over the past few weeks could be a potential factor driving these prices down. Additionally, the auction conversion rate last week was 58%, compared to 61% the previous week. #WholesaleInsights #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry #MarketInsights #WholesaleMarket
Market Insights - 7/23/2024 - Black Book
https://www.blackbook.com
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View the Weekly Market Insights here: https://lnkd.in/eqNxukn9 #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry
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We're #hiring a new Collection Specialist in Lawrenceville, Georgia. Apply today or share this post with your network.
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Full Market Insights: https://lnkd.in/eqNxukn9 The overall depreciation rate continues to accelerate, with the market dropping by -0.74% last week, significantly higher than the pre- pandemic average of -0.25%. Notably, six out of the twenty-two segments tracked by Black Book reported declines exceeding 1% last week. #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry
Market Insights - 7/23/2024 - Black Book
https://www.blackbook.com
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Are you confident that you know what your inventory portfolio is REALLY worth? Even the slightest mistake in valuation, made just a few times, could cost you tens of thousands of dollars. In order to understand real-time equity, predict possible exposure levels, and set loss reserves, you need DATA. Good, reliable, up-to-date data helps you: > Forecast loss > Modify collection strategies > Create collateral risk grades Confidently make strategic buying decisions when you discover real-time portfolio valuations here: https://bit.ly/47pKcMR #inventorymanagement #analytics #autodata #marketinsights #autotech
Lender Portfolio Valuations - Black Book
https://www.blackbook.com
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Wholesale Insights: https://lnkd.in/efxRvCfN The car and truck segments continue to see price declines as we conclude the second full week of July. In the car segments, Prestige Luxury cars decreased by – 0.73%, while the Truck Segments experienced a significant drop, particularly in Full-Size Vans by -2.59%. This marks the largest decline this year. The increase in used cargo vans in auction lanes over the past five months has contributed to the downward pressure on prices. Although the market continues to decline in both Car and Truck segments, the auction conversion rate has increased to 61%, representing a 3% rise from the previous week. #WholesaleInsights #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry #MarketInsights #WholesaleMarket
Market Insights - 7/16/2024 - Black Book
https://www.blackbook.com
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With retail listing data from 45,000+ dealerships with over 14 million retail listings, we can help you make smarter purchasing and pricing decisions. This eliminates any guesswork about acquisitions and gives you confidence in your decisions, no matter what the market does. Learn more here: https://bit.ly/44GvzF1 #autodata #autohistory #autoinsights #retaillistingdata
Make Smarter Decisions with Retail Listing Data - Black Book
https://www.blackbook.com
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View the Weekly Market Insights here: https://lnkd.in/efxRvCfN #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry
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Full Market Insights: https://lnkd.in/efxRvCfN Despite rising auction conversion rates, the days to turn on dealership lots are consistently increasing. In terms of valuations, the market continues to decline at a pace that surpasses pre-pandemic norms for this time of year. #Data #Analytics #Cars #Automotive #Auto #AutomotiveIndustry
Market Insights - 7/16/2024 - Black Book
https://www.blackbook.com