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The existing KCI Kansas City auction team will remain at the company after the acquisition.
The XLerate Group has acquired Columbus Fair Auto Auction (CFAA), the group now operates under thirteen auction brands
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
Bruce Beam, the general manager of Dealers Auto Auction of Oklahoma City will serve as ServNet's president for the next two years.
The added land will be used to grow the company’s vehicle inventory, Copart stated.
Angela Williams will serve in the role at ADESA Houston and Brad Yeager will lead ADESA Ocala in Florida.
The goal of the new platform, noted Manheim, is to provide a faster and more consistent inspection. One way that it will attempt to do this is through a methodical inspection guide.
The National Auto Auction Association has named DAA Northwest Auto Auction as its 2019 Auto Auction of the Year for Excellence in Community Service.
KAR Auction Services Inc. has rebranded and will begin doing business as KAR Global, the company announced.
The sale ran more than 900 vehicles — about 80 of them were exotics and classics — and saw a nearly 70% conversion rate.