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Copart has acquired Vincent Auto Solutions, an online auction that specializes in total-loss, fleet and damaged vehicles.
The addition of the new location was motivated, in part, by the company's commitment to adding vehicle storage capacity in California, said Copart CEO Jay Adair.
Eblock, a fast-growing online auction in Canada, will begin operating in the U.S. from a head office in Burlington, Vt., the company announced.
This investment follows years of online sales growth for Manheim. During the first half of 2018, digital sales for Manheim grew by 45% year-over-year. In 2017 sales were up 39% year-over-year during the same time period.
Copart has opened a new location in Lumberton, N.C., meant to serve as a catastrophe response facility during severe weather events along the United States’ North Atlantic coastline.
