In light of recent announcements, the Executive Committee of the International Automotive Remarketers Alliance (IARA) issued a statement to reinforce its position on the Multiplatform Bidding System (MPS) initiative.
The IARA is committed to seeking a multiplatform solution that allows cross bidding. Seeing the benefits to both sellers and buyers, The IARA believes the development and implementation of such a project is inevitable. The IARA would prefer to see an auction lead, industry-wide solution.
The Alliance is open to working with its industry partners in coming days to identify specific objections and corresponding solutions to move the project forward.
Originally posted on Automotive Fleet