
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 Northern California auction is the newest addition to the ServNet group of auctions.
Read More →Jeff LeBlanc, who brings with his more than 15 years of experience in the retail automotive industry, will helm the new position.
Read More →Tom Rastelli will take the helm at Manheim Albany while John Duplanty will take over leadership of Manheim Portland.
Read More →The focus areas that Executive Director John Brasher and Administrative Director Robert Sullivan outlined include technology, growth, and data analytics.
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Manheim launched its largest all-digital heavy truck auction on Jan. 8 at its Indianapolis, Indiana location, the company announced.
Read More →IAA has relocated its Jacksonville, Fla. branch. This branch is one of 11 the company operates in Florida.
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The robust economy is creating record numbers of new jobs and a subsequent labor shortage that is being exacerbated by the large wave of Baby Boomer retirements, but some see uncertainty of future market conditions.
Read More →The existing KCI Kansas City auction team will remain at the company after the acquisition.
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The XLerate Group has acquired Columbus Fair Auto Auction (CFAA), the group now operates under thirteen auction brands
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TradeRev cut down vehicle delivery times by nearly 50% in the first half of 2019. The company is now on pace to deliver cars within 100 miles in two days
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