
Copart to Acquire ACV in $1.9 Billion Deal
The acquisition would expand Copart beyond its traditional salvage business into dealer-to-dealer wholesale remarketing while adding ACV’s vehicle data, inspection, and valuation technology.
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The acquisition would expand Copart beyond its traditional salvage business into dealer-to-dealer wholesale remarketing while adding ACV’s vehicle data, inspection, and valuation technology.
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The product leverages artificial intelligence and computer vision technology to provide a virtual overlay of any exterior damage detected on a vehicle, making it easier to spot hail, paint peel, detached panels, broken lights, rust, scratches, dents and cracks.
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The national network of independently-owned wholesale auto auctions plans to build and strengthen its auction teams.
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A third quarter report from AutoIMS comes amid the outside pressures of inflation and the United Auto Workers strike.
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The experienced remarketer will oversee the company’s commercial and dealer sales teams as well as marketing and information technology strategies.
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The improved digital marketplace will provide a secure one-stop-shop experience with best-in-class cross-border services and real-time delivery options.
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Market Snapshot: Who are EV buyers, what EV models are they purchasing, and where’s all the selling action?
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Culminating in over 45 days on the picket line, members at each of the Detroit Three have approved new contracts in favor of the UAW.
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The consolidated digital platform will simplify buying and selling while expanding reach and access for customers.
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The auction executives who run an operation with 100+ employees completed the prestigious two-year Auction Academy program.
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Two colleagues who've worked together many years now take on complementary roles at major auction sites in the South.
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