
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.
Read More →IARA Summer Roundtable: One ongoing effort among consignors, dealers and auctions is coming up with reliable and consistent standards for valuing used electric vehicles. Most recently, EV expert Kristin Slanina gained firsthand experience on EV performance during the Charge Across America race.
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The 7th and largest class group is well on its way to earning the “executive MBA” equivalent of an auction industry education.
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The sales team at the regional auto auction raised $13,500 for a charity that supports families who have children facing life-threatening medical conditions.
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Auctions received vehicles from a more diverse stream of sources in the last quarter as data could be signaling some inflection points in the market.
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The drawn-out vehicle shortage is producing a domino effect of issues for many fleet segments, says Cox Automotive’s Jonathan Smoke, but a potential recession may have a silver lining — if we even have one at all.
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The Viper stopped at 34 dealerships across the country on the road to being auctioned off to benefit Girls Inc., Toys for Tots and Boys & Girls Clubs of America
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The experienced remarketing executives will take the reconditioning company to new levels across all areas of operations.
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Marty D'Amato will lead the company’s operations, people, processes, and technology to meet rising client demand for reconditioning services.
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Karol Kirby Ahmed was recently featured on local TV news in a story about women-lead auctions.
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Along with lanes full of cars, food and giveaways, dealers from surrounding states were witness to the inaugural sale of the new operation.
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