GM Sells 11 Millionth Used Vehicle at ADESA Memphis Auto Auction

DETROIT – General Motors sold its 11-millionth GM remarketed vehicle at ADESA Memphis Auto Auction in Memphis, Tenn. The vehicle, an accessorized 2006 Chevrolet Silverado pickup, was sold to Petrus Chevrolet, of DeWitt, Ark.

Since its first GM auction in 1990, this location has sold more than 170,000 GM used vehicles.

General Motors has participated in the growth of the auction industry over the past two decades. In 1983, GM used 10 auctions with total sales of nearly 20,000 vehicles. Today, GM redistributes used, off-lease and off-rent vehicles through GM dealers, with the help of 45 GM-sponsored auctions in the continental U.S.