Vehicle Location Tracking for Auto Auctions - Cognosos

Cognosos' Vehicle Location Tracking for Auto Auctions provides a comprehensive solution to the common challenges faced by car dealerships and auction houses. This IoT-powered system delivers real-time vehicle location updates, enabling dealerships to manage their inventory more efficiently and reduce operational costs.

Car dealerships often struggle with high insurance rates due to theft and damage, inefficiencies from wasted time searching for vehicles, and difficulties in labor planning. Cognosos addresses these issues with advanced vehicle tracking technology, significantly decreasing insurance premiums through enhanced theft detection and reduced damage.

The solution features the On Spot functionality, ensuring vehicles are placed in the correct lanes ahead of sale day, thereby reducing sale day dropouts and optimizing the use of mech, detail, and body shops. Real-time data is captured and transmitted automatically, eliminating the need for manual yard audits and inefficient vehicle searches.

Cognosos’ system leverages AI-powered location tracking to quickly find vehicles using the Spotlight feature. This feature guides users to the exact location of the vehicles and activates an ultra-bright LED light on selected vehicles, ensuring every vehicle is where it should be. This reduces costly delays and improves overall yard operations.