David Andrews, CEO of City Enterprises, LLC announced the acquisition of Chattanooga Auto Auction, joining the company’s sister Dealer’s Auto Auctions in Memphis, Tenn., Mobile, Ala., Huntsville, Ala., and Murfreesboro, Tenn.
“We are thrilled to have Chattanooga join our family of auctions. This addition will help to expand Dealer’s Auto Auction into a new region, and increases Chattanooga’s client base and the services provided to their dealers,” Andrewes said. "Our acquisition and development of DAA Chattanooga is a great strategic addition to our portfolio of auctions. This allows us to grow our service offering to the remarketing clients and dealers of Dealers Auto Auction Group, while supporting our sister companies within City Enterprises."
DAA Chattanooga General Manager, Casey Tuggle said, “We are looking forward to expanding our offering with what we consider to be best-in-class service for our clients and dealers. We are excited to be a part of the Dealer’s Auto family of auctions, and are preparing the lanes to welcome our newest clients, which include remarketing by GE, PHH, Lease Plan, and ARI.”
Dealer’s Auto Auction Chattanooga is located at 2120 Stein Drive in Chattanooga, Tenn. The six-lane auction facility holds weekly dealer sales on Thursday mornings at 9:45 a.m. and dealer and public sales on Tuesday evenings at 6:30 p.m. DAA Chattanooga hosts monthly sale events featuring TVA (Tennessee Valley Authority), and are now extending their expertise with more new car dealer and fleet accounts.