Matching new car inventory with local market demand is a persistent challenge for dealerships, one that Dealer Trade Network aims to solve. The inventory optimization platform, which facilitates the movement of new vehicles between franchise dealerships, has secured $150K in new capital.
Operating as "America's trading floor for new cars," Dealer Trade Network manages the end-to-end trade and fulfillment process for over 4,000 franchise auto dealers. The company moves more than 1,000 new vehicles each month, helping dealerships align their floor plans with specific local market needs.
