Exploratory Data Analysis on Vehicle Inventory for Auction

This project builds an overview on various EDA and Data Visualization techniques on vehicle inventory data on an online auction portal.

Cars In lot
  • 1 bar graph
    Difficulty: Beginner

    No prior knowledge or experience with data required.

  • Asset 1
    Duration: Approximately 4 hours

Case Overview

  • Exploratory data analysis is an extensively used method to perform various data visualization and data management techniques to better understand the data.
  • With ongoing manufacturing growth, the automobile sector is inundated with offers for used vehicles. To achieve better return of investments, automobile industry are using data driven solution to control their asset allocation.
  • For this purpose, the data has been taken from an online auction portal and EDA has been performed to generate actionable insights that will help the organization make better business decision.
  • Learn to apply various data management and data visualization techniques to summarize data in a meaningful manner.

What’s included


Lifetime Access

Access this project for life once completed


Flexible Scheduling

Start learning online immediately, at your own pace


Desktop Only

We recommend completing this project on a desktop

Skills You Will Learn

Data Management

Data Visualization

Business Analysis

Machine Learning

Associated Learning Tracks

Case Context

  • Analyzing the status of vehicles store at different locations is important for an automotive company.
  • Production, sales, inventory, and dealer data is so huge and needs to be harnessed to sustain in the competitive automobile sector.
  • To understand the competition of automobile marketplace it becomes imperative to analyze inventory data from multiple locations.

  • Various EDA techniques have been performed to identify patterns and irregularities.
  • Statistical techniques were also used to summarize and visualize meaningful insights from the inventory dataset.
  • Company wise and region wise graph distribution were plotted for better understanding of selling trends across the world.

  • This analysis can be used to improve user experience on online vehicle auction platforms for buying and selling vehicles.
  • Inventory analysis is a good example of asset management which also helps in achieving better ROI.
  • Actionable insights from this analysis can be used by businesses to plan better pricing strategies, inventory management system and understanding customer preferences.

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Learn new skills that will boost your career by enrolling in courses across data analytics, data science, ML and AI. These courses will utilize readings, videos, quizzes, data cases, and even coding exercises to teach you skills and concepts in a way that will solidify your new knowledge for hands-on application.

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Student At Ohio Wesleyan University
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