ATLANTA, March 7, 2022 /PRNewswire/ -- Manheim and Fyusion have been working together for years, starting with Manheim Express in 2018, but it wasn't until Cox Automotive acquired the computer vision leader a little over a year ago that the partnership accelerated. Now, Manheim is deploying Fyusion-powered mobile imaging at all of its locations, giving clients the highest resolution condition report images in the industry. And that's just the beginning. Manheim has also just launched its first AI-driven fixed imaging gantry at Manheim Minneapolis—a wholesale industry first in the U.S. Together, these Fyusion-powered technologies will capture millions of vehicle images and fuel automated damage detection.
"As more cars than ever are sold digitally, Manheim and Fyusion are working to give dealers and commercial clients the utmost confidence in digital wholesale buying and selling," said Zach Hallowell, senior vice president, Manheim Digital. "With our clients requiring more vehicle information and advanced imaging, we put our combined expertise to work to deliver the most consistent and trustworthy vehicle condition information in the industry and make viewing a vehicle online as good as standing next to the car."
2022 kicked off with the biggest advancements in imaging inside the gates of any auction network in the industry, including:
Beyond the immediate impact that these fixed and mobile imaging technologies will have—giving clients the industry's best images to make informed wholesale decisions—the ultimate benefit is even better for clients. These images, along with those captured with the Manheim Express app, will be fed into Fyusion's automated damage detection algorithm, which the brands have already invested millions of dollars in, as well as spent years training.
As the largest automotive wholesale marketplace, Manheim takes millions of proprietary vehicle images each year and has captured well over a million 360-degree captures in Fyusion's patented .fyuse format. This massive data supply is what drives Fyusion's damage detection efforts and will ultimately result in clients getting the industry's most consistent and accurate vehicle condition information.
What separates Fyusion's imaging technology from the competition is that it sees the world in three dimensions, much like the human eye. It captures 3D images of vehicles, which it then uses for multi-angle analysis of damages. The 3D model allows the technology to understand which panel the vehicle damage occurred on and will support a 360 view of the vehicle while keeping the damage highlight attached to the right part of the car during the rotation. It is the only AI technology in wholesale that uses 3D imaging to look at vehicle damages from every angle, enabling it to judge the size and severity of damages more accurately than competing solutions that rely on old-fashioned 2D images.
This technology, combined with the wealth of data at its disposal, has allowed Fyusion to develop a powerful machine learning solution—one able to positively identify the presence of the top 20 vehicle damage types 94% of the time. The damage detection model will also automatically generate an AutoGrade® condition score—yet another way Manheim and Fyusion are leading the industry.
"Fyusion's technology, with over 80 issued patents, combined with our methodical, collaborative approach has laid a strong foundation to deliver the industry's most advanced automated damage detection capabilities," said Radu Rusu, CEO and co-founder of Fyusion. "This technology will give Manheim clients the utmost accuracy on damages—as well as the consistency they crave."
Hallowell added, "There's a lot of hype out there about AI-driven damage detection, so it's not always easy for clients to separate fact from fiction. As part of Cox Automotive, Manheim and Fyusion are uniquely positioned to deliver results that will generate unprecedented levels of quality and consistency—and we're confident clients will see the difference."
For more information about how Manheim and Fyusion are delivering the industry's best vehicle information, visit the brands' booths at the National Automotive Dealers Association (NADA) Convention in Las Vegas in March.
About Manheim
Manheim® is the nation's leading provider of end-to-end wholesale vehicle solutions that help dealer and commercial clients increase profits and efficiencies in their used vehicle operations. Through its physical, mobile and digital sales network, Manheim offers services for decisioning, buying and selling, floor planning, logistics, assurance and reconditioning. Operating the largest vehicle wholesale marketplace, Manheim provides clients with choices to connect and transact business how and when they want. With nearly 8 million used vehicles offered annually, Manheim team members help the company facilitate transactions representing nearly $80 billion in value. Headquartered in Atlanta, Manheim North America is a Cox Automotive™ brand. For more information, visit http://press.manheim.com
About Fyusion
Fyusion is a visual intelligence company that builds cutting-edge solutions for automotive inspections, automotive imaging, and related applications. Backed by over 140 patents, Fyusion is a pioneer in turning visual data into actionable information. Our San Francisco-based team includes some of the world's top researchers and developers in light field imaging and AI. Founded in 2014, Fyusion is a Cox Automotive™ brand. For more information, visit www.fyusion.com.
About Cox Automotive
Cox Automotive Inc. makes buying, selling, owning and using vehicles easier for everyone. The global company's more than 27,000 team members and family of brands, including Autotrader®, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are passionate about helping millions of car shoppers, 40,000 auto dealer clients across five continents and many others throughout the automotive industry thrive for generations to come. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billion. www.coxautoinc.com
SOURCE Manheim
