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
INDIANAPOLIS – XLerate Group Auctions has made two moves that the company’s chief executive says help the auction group “continue leading independent auctions beyond their physical lanes.”XLerate promoted Kelly McAllister to serve as executive director of digital strategy, while also hiring a … Continued
INDIANAPOLIS – Dealers who use XLerate Group to acquire their inventory now have more financing flexibility.XLerate Group announced on Tuesday that dealer floorplan company XLFunding is now available at all of its auction locations.XLFunding is a full-service flooring company with flexible tiers, … Continued
LUBBOCK, Texas – Texas Lone Star Auto Auction – Lubbock, part of the XLerate Group Auctions, held a successful first mobile sale featuring Don Chalmers Ford of Rio Rancho, N.M. last month, and has added the New Mexico dealership to … Continued
CHARLESTON, S.C. and EL PASO, Texas – XLerate Group Auctions announced Monday that its Charleston Auto Auction and El Paso Independent Auto Auction are currently raising funds to help two local community outreach programs. In Charleston, S.C., Charleston AA is … Continued
