Please note: This commentary was originally published by Automotive News and can be found on their website here. The used-vehicle auction business learned one overarching lesson in 2020 — in-person auto auctions are not going away anytime soon. As the … Continued
CARMEL, Ind. and MONCKS CORNER, S.C. – XLerate Group Auctions’ Charleston Auto Auction in South Carolina has hired a former ADESA national specialty and mobile manager as its new specialty sales/fleet lease remarketer. The new hire is Andy Shaffer, and … Continued
As in-lane bidders return to wholesale auto auctions amid the coronavirus pandemic, one thing is clear: Used-vehicle buyers want both physical and digital sales. In-lane buyers at Manheim returned last week for the _rst time in three months at a … Continued
COLUMBUS, Ohio and INDIANAPOLIS – Tim Sherk is the new general manager for XLerate Group’s Columbus Fair Auto Auction, and he brings more than 20 years of auto auction management experience with independent and large corporate-owned auctions. Sherk joins CFAA following … Continued
CARY, N.C. – Peter Mogk has strong feelings in favor of the independent auto auction business.“It’s extraordinarily exciting to be on the ground on auction days when vehicles are rolling, and guys are bidding,” said Mogk, who is senior partner for private … Continued
CHARLESTON, S.C. – XLerate Group Auctions’ Charleston Auto Auction in Moncks Corner, S.C., has hired Nichole Brannon as executive sales director, noting that Brannon brings 13 years of auto remarketing industry expertise. Brannon was previously senior manager of client services … Continued
INDIANAPOLIS and COLUMBUS, Ohio – After discussions and negotiations that spanned “several years,” Columbus Fair Auto Auction (CFAA) became part of the XLerate Group on Friday afternoon.During a phone conversation with Auto Remarketing just a couple of hours after the acquisition closed, XLerate chief … Continued
SCHOOLCRAFT, Mich. and HOUSTON – Following the retirement this month of former XLerate Group Auctions’ Greater Kalamazoo Auto Auction owner and general manager, Eric Wagner was named the new general manager of GKAA. Wagner brings more than 30 years of … Continued
LUBBOCK, Texas – The newly completed 20,000-square-foot reconditioning facility at Texas Lone Star Auto Auction includes features such as 14 mechanical bays with 10 lifts and three state-of-the-art detail lanes. XLerate Group Auctions’ Texas Lone Star Auto Auction also added … Continued
INDIANAPOLIS – It’s already been an eventful 2019 for the XLerate Group. The auction company announced a pair of acquisitions on Friday, adding Morton Auto Auction (MAA) located in Morton, Ill., and Southeastern Auto Auction (SEAA) based in Savannah, Ga. … Continued
