Insurance Auto Auctions Announces New Location in Macon, Georgia
Strategic Location Marks 43rd Location in the Southeast
WESTCHESTER, Ill.--(BUSINESS WIRE)--Insurance Auto Auctions, Inc., the leading hybrid model salvage auto auction company and a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced a new branch facility in Macon, Georgia. This marks the 43rd branch location in IAA’s southeast portfolio and adds to the more than 150 locations throughout North America. Macon is strategically located in the heart of Georgia and is the seventh IAA branch location in the state.
“The new IAA Macon branch is strategically located at the intersection of major interstate highways, which further streamlines transportation efficiencies and logistics for our customers”
“The new IAA Macon branch is strategically located at the intersection of major interstate highways, which further streamlines transportation efficiencies and logistics for our customers,” said Tom O’Brien, CEO. “We are passionate about delivering best-in-class service to each client. Part of that commitment is fulfilled by expanding our facility footprint in strategic locations, increasing our inventory, and offering customers a growing volume of salvage vehicles to bid on and buy,” O’Brien stated.
Now buyers will have even more choices when they participate in IAA’s Hybrid Auction Model combining live and live on-line bidding and buying. The Macon facility is located at 2200 Trade Drive. IAA auction preview dates and times vary from facility to facility. For more information, go to IAA’s Branch Information page at iaai.com.
About Insurance Auto Auctions, Inc.
Insurance Auto Auctions, Inc. (IAAI) a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), provides the advantage in salvage auto auctions with their Hybrid Auction Model combining live and live-online auctions, North America’s broadest salvage auction facility footprint, a strong global buyer base and high vehicle returns. IAA’s more than 150 facilities across the United States and Canada provide vehicle suppliers and buyers with powerful solutions to process and acquire total-loss, recovered-theft, fleet lease, donation and rental vehicles. The IAA Hybrid Auction Model, including live, live-online, and proxy bidding, united with their mature global buyer base and diverse inventory produce some of the industry’s highest returns for vehicle providers. With 28 years in the industry, IAA holds a comprehensive warehouse of salvage auction data. For more information regarding IAA visit our website at www.iaai.com.
Contacts
Insurance Auto Auctions, Inc.
Jeanene O’Brien | Vice President, Marketing
708-492-7328 | www.iaai.com
MANHEIM’S TOTAL RESOURCE AUCTIONS PUTS ON BIGGER BOOTS IN TEXAS Wholesale salvage customer demand drives addition of new standalone Dallas location
ATLANTA –Total Resource Auctions, a network of 74 salvage wholesale auctions, recently announced the addition of Total Resource Auctions Dallas, in Wilmer, Texas. Built on 71 acres and featuring 26,000 total square feet, the new standalone facility is the company’s largest and newest location. It incorporates 12,000 square feet of office space, that when fully completed later this summer, will include two Simulcast sale lanes and a wash bay that will hold up to 30 cars — all designed to create a quality customer experience for wholesale salvage buyers and sellers.
To celebrate the expansion of its Texas ?boot print,? the location held its first sale on June 3 in the facility, now under construction. The sale drew more than 120 in-lane and online customers with 134 of 149 vehicles sold.
"As the needs of our insurance customers continue to grow, we want to offer them the right type of facilities and support," said Jamie Porter, president, Total Resource Auctions. "With the addition of our second Dallas location, we can offer more sales, increased flexibility and added customer conveniences – and enough space for even the highest-volume sellers and buyers to stretch out."
The new location doesn’t just help salvage buyers and sellers conduct business more efficiently; it was also designed to conserve vital environmental resources. Recycled concrete was used on half of the 46 acres of surface that was developed. In addition, the facility will use an advanced geothermal heating and cooling system and reuse 90 percent of the water from its wash bays.
Total Resource Auctions Dallas hosts in-lane and online sales every Thursday at 9:30 a.m. The sales feature a diverse selection of insurance total-loss vehicles, cars, trucks, motorcycles and heavy equipment. For more information, go to the Total Resource Auctions website at www.traauctions.com.
A formal grand opening is planned for later this summer, upon completion of all construction.
About Total Resource Auctions
Total Resource Auctions is a wholly owned subsidiary of Manheim. With a network of wholesale auctions, Total Resource Auctions allows buyers and sellers to securely exchange total-loss, damaged, disabled, inoperative, donation and salvage vehicles at 74 locations throughout North America and via Web-based products, including Manheim Simulcast. For more information, go to www.traauctions.com.
CONTACT: Lois Rossi, Director Public Relations, Manheim, (678) 645-2028
QCSA Holdings adds Industry Veterans Keister and Hitchcock to its Board of Directors
Eldridge, IA – QCSA Holdings announced today that investors Rick Keister and Cam Hitchcock have joined its board of directors. Keister will also serve as Board Chairman.
Keister is an entrepreneur that most recently served as the CEO of Keystone Automotive Industries. Keystone led the aftermarket parts industry with 137 distribution centers in 46 states and Canada until its sale to LKQ Corp in 2007. Keister’s 30 year career includes World Wide Automotive which he expanded into international remanufacturing operations and joint ventures.
“I am excited to lead the Board of a company so well positioned for growth and success,” said Keister. “QCSA’s innovative service offerings make it highly competitive in the vehicle re-marketing and total loss management industry.”
Cam Hitchcock is a partner at Elysian Advisors, LLC, an advisory firm specializing in acquisition strategy and core operational improvement. Hitchcock has held a variety of senior executive roles in the automotive industry with large public and private equity-owned companies such as ADESA, Lear and Emcon.
“Rick and Cam are trusted business advisors with unique industry experience,” said QCSA Holdings CEO, John Lindle. “Their knowledge and insight will greatly help us to achieve our strategic goals quickly and efficiently.”
About The Company
QCSA Holdings is a national vehicle remarketing company, specializing in insurance total loss, donated and repossessed vehicles. QCSA provides specialized re-marketing services through its wholly owned subsidiary brands; Crashed Toys, Salvage Direct and QCSA Auto Auctions. A fully automated Internet based vehicle re-marketer, QCSA offers Live and Internet Auctions throughout the US to a worldwide buyer base. QCSA also provides claims solutions for Catastrophe Losses and Commercial total losses.
For more information contact Peter Burrows (317) 524-8569
The Collision Industry Electronic Commerce Association (CIECA) said Don Porter of State Farm accepted the position of co-chair of CIECA's salvage committee.
"I am excited at the opportunity to work more closely with CIECA and the salvage committee," says Porter "The tremendous impact that CIECA has on the development of e-commerce communication standards is due to the commitment and participation of its members. I look forward to the contributions the salvage committee will make both today and into the future."
In 2007, renewed interest by member companies, ASPA (American Salvage Pool Association), ARA (Automotive Recyclers Association), and the industry, in general, initiated the re-chartering of the salvage committee. Since then, the salvage committee has developed new messages for Disposition and Salvage Procurement messages.
Salvage Committee Co-Chair Al Tate, of Salvage Direct, said: "Don Porter has done a wonderful job contributing to the salvage committee over the last year, and has become a leader in the salvage industry on behalf of State Farm; including his support and participation with ASPA. Don has played a key role in advancing the salvage committee to where we are now." Don will join Al as a co-chair of the committee.
"The mission of the CIECA salvage committee is to help shorten salvage vehicle disposition and acquisition cycle time, make the process more efficient, and reduce the perceived risks by facilitating the electronic transfer of transaction information between all parties," said Fred Iantorno, CIECA executive director.
More information about CIECA and its standards can be viewed on the CIECA Web site: www.cieca.com.
QCSA Holdings, Inc., a leading Vehicle Remarketing and Total Loss Claims Management company announced today it has purchased and will be uniting forces with Salvage Direct, one of the nation’s premier salvage re-marketing firms.
Salvage Direct was founded in 1998 by Bob Joyce as the first online auction in the total-loss claims management industry. The company also specializes in Commercial and Catastrophic-loss management services.
“Salvage Direct is a leader in Salvage Remarketing and Internet Auctions,” said John Lindle, CEO of QCSA Holdings. “We are thrilled to be combining forces with Bob Joyce and his entire team.”
The new entity is one of the nation’s largest salvage vehicle remarketing companies, with over 80 locations and more than 120,000 vehicles re-marketed annually.
“We’re excited to combine the best of both enterprises” said Bob Joyce, Founder and President of Salvage Direct. “This new partnership will provide our customers with more options, increased services, broader reach and enhanced recoveries.”
“This combination represents a viable national alternative for salvage vehicle re-marketing” added Jerry Sullivan, Executive VP. “Our national footprint will allow us to quickly expand innovative and unique total loss management services not currently available in the marketplace.”
About QCSA: QCSA Holdings, Inc. is an owner-managed company led by industry veterans John Lindle and Jerry Sullivan, along with equity sponsors Kinderhook Industries. Founded in 2003, Kinderhook Industries is a private equity firm that manages $650 million of committed capital, specializing in management-led recapitalizations of entrepreneur-owned companies.
For additional company information please contact Peter Burrows at 317-524-8569 or pburrows@qcsa.com.
Insurance Auto Auctions Opens Two Facilities in Louisiana
Strategic locations create broader coverage in Louisiana
WESTCHESTER, Ill.--(BUSINESS WIRE)--Insurance Auto Auctions, Inc., the leading hybrid model salvage auto auction company and a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced the opening of two facilities in Louisiana including Lafayette and New Orleans (Covington, LA.). These two facilities complement IAA’s Baton Rouge branch and create broader coverage throughout Louisiana.
“Our focus at IAA has been to increase our facility footprint because it simply is a win-win for our buyers and sellers alike knowing that we can offer even more vehicles at convenient locations and provide lower transportation costs,” said Tom O’Brien, CEO. “We pride ourselves as a ‘one-stop shop’ for insurers by offering more locations, and provide a comprehensive suite of auction, logistics, and claims services, which maximize salvage returns, lower administrative costs, and ultimately shorten the claims process.” O’Brien stated.
IAA’s mature global buyer base, which consists of automotive body shops, rebuilders, used car dealers, automotive wholesalers, exporters, dismantlers, recyclers, brokers, and where allowed, non-licensed (public) buyers, now have even more choices when it comes to the number of salvage vehicles to bid on and buy. IAA auction preview dates and times vary from facility to facility. For more information, go to IAA’s Branch Information page at iaai.com.
About Insurance Auto Auctions, Inc.
Insurance Auto Auctions, Inc. (IAAI) a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), provides the advantage in salvage auto auctions with their Hybrid Auction Model combining live and live-online auctions, North America’s broadest salvage auction facility footprint, a strong global buyer base and high vehicle returns. IAA’s more than 150 facilities across the United States and Canada provide vehicle suppliers and buyers with powerful solutions to process and acquire total-loss, recovered-theft, fleet lease, donation and rental vehicles. The IAA Hybrid Auction Model, including live, live-online, and proxy bidding, united with their mature global buyer base and diverse inventory produce some of the industry’s highest returns for vehicle providers. With 28 years in the industry, IAA holds a comprehensive warehouse of salvage auction data. For more information regarding IAA visit our website at www.iaai.com.
Contacts
Insurance Auto Auctions, Inc.
Jeanene O’Brien
Vice President, Marketing
708-492-7328 www.iaai.com
Insurance Auto Auctions Hosts Big Bad Bike Sales at 14 U.S. Locations
Salvage bike sales offer large volume and variety
WESTCHESTER, Ill.--(BUSINESS WIRE)--Insurance Auto Auctions, Inc., the leading hybrid model salvage auto auction company and a wholly-owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced 14 locations that will host the 2010 IAA Big Bad Bike Sales throughout the U.S. The national campaign is geared toward motorcycle buyers and enthusiasts looking for large volume and variety of bikes from leading manufacturers.
“For the past 28 years Insurance Auto Auctions has been a leader in the insurance salvage auction business, and as part of that core focus, IAA offers motorcycle enthusiasts a unique opportunity to bid on and buy salvage motorcycles,” said Tom O’Brien, CEO. “IAA’s salvage motorcycle auctions offer a vast selection which results in high volume bidding and high returns.”
The 14 participating IAA locations to host the Big Bad Bike Sales include: Atlanta East, Baton Rouge, Dallas, Fremont (Calif.), Hartford (Conn.), Indianapolis, Kansas City, Las Vegas, Los Angeles, Minneapolis, Nashville, Orlando-North, Phoenix, and Taunton (Mass.). IAA auction preview dates and times vary from facility to facility; go to www.iaai.com for auction information.
Those interested in the Big Bad Bike Sales can participate either live in person, or live on-line with IAA’s signature hybrid auction model. Six of the IAA locations are located in states that permit public bidding. In the event a particular state does not permit public bidding, buyers may be able to buy through RideSafely.com, a broker that can purchase on behalf of public buyers. Additional restrictions may apply, so public buyers should confirm purchasing eligibility and vehicle registration requirements prior to the sale.
In addition to salvage motorcycles, IAA offers over a million salvage vehicles per year from automotive hybrids to classics and everything in between, as well as boats, motor homes, personal watercraft, snowmobiles, and travel trailers. IAA also offers salvage commercial vehicles that range from buses, trailers to trucks and heavy equipment such as cranes, emergency vehicles, farm, forestry and heavy-duty vehicles.
About Insurance Auto Auctions, Inc.
Insurance Auto Auctions, Inc. (IAAI) a wholly owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), provides the advantage in salvage auto auctions with their Hybrid Auction Model combining live and live-online auctions, North America’s broadest salvage auction facility footprint, a strong global buyer base and high vehicle returns. IAA’s more than 150 facilities across the United States and Canada provide vehicle suppliers and buyers with powerful solutions to process and acquire total-loss, recovered-theft, fleet lease, donation and rental vehicles. The IAA Hybrid Auction Model, including live, live-online, and proxy bidding, united with their mature global buyer base and diverse inventory produce some of the industry’s highest returns for vehicle providers. With 28 years in the industry, IAA holds a comprehensive warehouse of salvage auction data. For more information regarding IAA visit our website at www.iaai.com.
Contacts
Insurance Auto Auctions, Inc.
Jeanene O’Brien | Vice President, Marketing
708-492-7328 | www.iaai.com
FOR IMMEDIATE RELEASE
Contact: Paula Kerr, 814.827.0300 Ext. 5721, paula.kerr@salvagedirect.com
Salvage Direct to sell vehicles for Avis Budget Group
Titusville, PA – Salvage Direct announces Avis Budget Group (NYSE: CAR), operator of two of the most recognized brands in the global vehicle rental industry through Avis and Budget , as its latest seller partner. Avis Budget Group will use Salvage Direct’s leading auction platform, SalvageDirect.com, to sell its vehicles to buyers worldwide.
“This new partnership will benefit our worldwide buyers with more high-quality, rental inventory,” said Dan Hoversten, CEO of Salvage Direct, Inc. “We’re proud to add Avis and Budget to our rental company partners.”
Salvage Direct was founded in 1998 as the first online auction in the total-loss salvage industry. The company’s pioneer spirit has lead to growth among buyers and sellers alike. Today, the company auctions cars, trucks, motorcycles, boats, power sports, recreational and commercial vehicles on behalf of its insurance company, finance company, and rental fleet partners. It leads the industry with catastrophic-loss management services.
”Whatever the cause of loss, insurance and rental car companies select Salvage Direct because of its experience, fast-selling cycle times, titling proficiency, worldwide buyers and simple auction site.”
- Bob Joyce, founder of Salvage Direct.
About Avis Budget Group, Inc. Avis Budget Group is a leading provider of vehicle rental services, with operations in more than 70 countries. Through its Avis and Budget brands, the Company is a leading general-use vehicle rental company in each of North America, Australia, New Zealand and certain other regions based on published airport statistics. Avis Budget Group is headquartered in Parsippany, N.J. and has approximately 24,000 employees. For more information about Avis Budget Group, visit www.avisbudgetgroup.com.
Salvage Direct's new salvage facility expands east coast market capacity for insurance auctions
Salvage Direct builds enhanced processing center near Philadelphia
Titusville, PA – Salvage Direct, the pioneer of online salvage vehicle, watercraft, motorcycle, powersport and commercial auctions, announces its new, state-of-the-art Enhanced Processing Center near Philadelphia, Pennsylvania. SD New Britain is Salvage Direct’s sixth facility in Pennsylvania, 80th worldwide and the first of its 2010 expansion plan.
Every facility in the Salvage Direct logistics network recently upgraded the processing and preservation capabilities to include a more in-depth, value-driven service with an emphasis on engine and transmission performance. The Enhanced Processing Program will expose more detailed information to bidders and increase the number of units in inventory that run and move.
“We’re excited about the Enhanced Processing Program,” said Bob Joyce, Founder of Salvage Direct. “This initiative takes vehicle information to the next level. Our runs/drives initiatives will now contain additional power and drive train information complete with a new, multi-media presentation. Buyers benefit from complete disclosure and suppliers will experience even better recovery on their invested assets.”
The SD New Britain facility is situated on a 21 acres parcel, which includes 20 acres of secure outdoor storage space and a 25,000-square-feet indoor processing and warehousing facility. It is conveniently located between the Philadelphia and Allentown, PA markets.
About the Company
Salvage Direct was founded in 1998 as the first online auction in the total-loss salvage industry. The company’s pioneer spirit has lead to growth among buyers and sellers alike. Today, the company auctions cars, trucks, motorcycles, boats, power sports, recreational and commercial vehicles on behalf of its insurance company, finance company, and rental fleet partners. It leads the industry with catastrophic-loss management services and superior customer service.
Whatever the cause of loss, insurance and rental car companies select Salvage Direct because of its experience, fast-selling cycle times, titling proficiency, worldwide buyers and simple auction site. For additional information regarding Salvage Direct, please visit the Company’s website at www.salvagedirect.com.
Crashed Toys, the nation’s premier Specialty Salvage Remarketer, today announced the opening of its fourth indoor auction center dedicated to the remarketing of damaged Power Sports, Marine and Recreational Vehicles. The new facility is located in Lansing and will serve the entire state of Michigan, as well as Northern Indiana and Ohio.
“This is our fourth regional indoor remarketing center” stated John Lindle, President of QCSA Holdings. “The Crashed Toys business model has been very successful in improving the process of remarketing damaged power sports for both buyers and sellers. We are thrilled to be able to service additional states from this new facility.”
With headquarters in Eldridge, Iowa, Crashed Toys is a wholly-owned subsidiary of QCSA Holdings, LLC; the nations largest independently owned and operated salvage auction company, operating 7 salvage vehicle auctions and 4 Crashed Toys auctions in the Midwestern United States. The company offers internet auctions and live on-site auctions that are simulcast worldwide from its web site.
ATLANTA — Total Resource Auctions recently expanded its network to 72 locations nationwide. The latest one to come on board is Total Resource Auctions New Jersey in Bordentown, N.J.
This latest facility will share its location with Manheim New Jersey. Greg Fodor has been named manager of Total Resources Auctions New Jersey.
Officials indicated that the first sale will be Feb. 17 at 2 p.m. following Manheim New Jersey's used whole vehicle auction. They mentioned it will feature approximately 100 salvage and damaged units from American Honda, Wells Fargo, GE Capital and Enterprise.
Manheim executives expressed their enthusiasm about bringing Total Resource Auctions New Jersey into their system.
"The Total Resource Auctions New Jersey location greatly strengthens our presence in the Northeast and supports our continued goal of providing customers with added convenience and selection," explained Bill Tiedemann, vice president and general manager of Total Resource Auctions.
Echoing that sentiment was Pete Sauber, general manager of Manheim New Jersey.
"Becoming part of the Total Resource Auctions Network gives us the opportunity to expand our reach to develop a new customer base," Sauber noted.
"We expect Total Resource Auctions New Jersey to become a significant part of our operation as we build additional relationships with insurance, commercial and dealer customers in need of salvage and damaged vehicle remarketing services," he added.
"Salvage auction customers can expect the same high-quality services that have made Manheim New Jersey one of the leading wholesale vehicle auctions in the industry," Fodor noted.
"We have the expertise and dedicated staff to deliver those services and provide added value," he concluded.
WESTCHESTER, Ill.--(BUSINESS WIRE)--Insurance Auto Auctions, Inc. the leading hybrid model salvage auto auction company today announced their new location in Portage, Wisconsin. This new facility will provide salvage remarketing services, storage and sale capacity to both buying and selling customers. This marks the twentieth location in IAA’s Midwest region, further meeting the needs of a robust global buyer base seeking a broad inventory of total-loss, recovered theft, fleet-lease, dealer trade-in and collision-damaged rental vehicles.
“We continue to look for facility growth opportunities that provide greater efficiency for our customers”
“We continue to look for facility growth opportunities that provide greater efficiency for our customers,” said Tom O’Brien, CEO. “The Midwest region continues to be a strong market and Portage is a strategic addition to strengthen our service in central Wisconsin.”
Insurance Auto Auctions’ portfolio of facilities continues to expand; allowing buyers and sellers even more choices in their bidding and buying with IAA’s Hybrid Auction Model combining live and live on-line bidding and buying. IAA auction preview dates and times vary from facility to facility. All preview times are identified on the Branch information page on IAA’s website.
About Insurance Auto Auctions, Inc.
Insurance Auto Auctions, Inc. provides the advantage in salvage auto auctions with their hybrid auction model combining live and live-online auctions, North America’s broadest salvage auction facility footprint, a strong global buyer base and high vehicle returns. IAA’s more than 150 corporate owned facilities across the United States and Canada provide vehicle suppliers and buyers with powerful solutions to process and acquire total-loss, recovered-theft, fleet lease, donation and rental vehicles. The IAA Hybrid Auction Model, including live, live-online, and proxy bidding, united with their mature global buyer base and diverse inventory produce some of the industry’s highest returns for vehicle providers. With over 26 years in the industry, IAA holds the most comprehensive warehouse of salvage auction data. For more information regarding IAA visit our website at www.iaai.com.
Contacts
Insurance Auto Auctions, Inc.
Jeanene O’Brien | Vice President, Marketing
708-492-7328 | www.iaai.com
Titusville, PA – Salvage Direct announces its headquarters will expand again in Titusville, Pennsylvania, through the purchase of the former BSI building on South Franklin Street.
Salvage Direct made the acquisition to accommodate its growing workforce. The new building is slated to house operational departments such as accounting, software development and titling. Sales and customer service will continue to occupy the current 12,354-square-foot location on Gilbert Drive.
In addition to the two office complexes, SD maintains a state-of-the-art auction-prep and training facility with a five-acre yard in Titusville.
The international company has facilities across the United States. Most are concentrated east of the Mississippi.
Salvage Direct was founded in 1998 as the first online auction in the total-loss salvage industry. The company’s pioneer spirit has lead to growth among buyers and sellers alike. Today, the company auctions cars, trucks, motorcycles, boats, power sports, recreational and commercial vehicles on behalf of its insurance company, finance company, and rental fleet partners.
No challenge is too great for Salvage Direct. The company has been instrumental in ten hurricane clean-up operations. The nimble and talented staff is routinely called upon to work in floods and other natural disasters.
”Whatever the cause of loss, insurance companies select Salvage Direct because of its experience, fast-selling cycle times, titling proficiency and simple auction site,” says Bob Joyce, founder of Salvage Direct.
Proud to be a part of a community rebuilding for the future
WESTCHESTER, Ill.--(BUSINESS WIRE)--Insurance Auto Auctions, Inc., the leading hybrid model salvage auto auction company, today announced their new location in Moss Point, Mississippi. This new facility will provide salvage remarketing services, storage and sale capacity to both buying and selling customers. This marks the twenty-third location in IAA’s South Central region in an effort to accommodate a very large buyer base seeking a diverse inventory of total-loss, recovered theft, fleet-lease, dealer trade-in and collision-damaged rental vehicles.
“We continue to seek out strategic growth opportunities that address our customers’ needs. Due to increasing demand for our services, this location on the Gulf Coast is an important addition,” said Tom O’Brien, CEO. “Insurance Auto Auctions is also proud to be part of the revitalizing efforts going on in the Moss Point community as it continues to move forward in the aftermath of Hurricane Katrina.”
Insurance Auto Auctions’ portfolio of facilities continues to expand; allowing buyers and sellers even more choices in their bidding and buying with IAA’s Hybrid Auction Model combining live and live on-line bidding and buying. IAA auction preview dates and times vary from facility to facility. All preview times are identified on the Branch information page on IAA’s website.
About Insurance Auto Auctions, Inc.
Insurance Auto Auctions, Inc. provides the advantage in salvage auto auctions with their hybrid auction model combining live and live-online auctions, North America’s broadest salvage auction facility footprint, a strong global buyer base and high vehicle returns. IAA’s more than 150 corporate owned facilities across the United States and Canada provide vehicle suppliers and buyers with powerful solutions to process and acquire total-loss, recovered-theft, fleet lease, donation and rental vehicles. The IAA Hybrid Auction Model, including live, live-online, and proxy bidding, united with their mature global buyer base and diverse inventory produce some of the industry’s highest returns for vehicle providers. With over 26 years in the industry, IAA holds the most comprehensive warehouse of salvage auction data. For more information regarding IAA visit our website at www.iaai.com.
Contacts
Insurance Auto Auctions, Inc.
Jeanene O’Brien | Vice President, Marketing
708-492-7328 | www.iaai.com
Insurance Auto Auctions Announces Opening of a New Location in Hesperia, CA
Leading Salvage Auto Auction Provider Expands Its California Facility Footprint
WESTCHESTER, Ill.--(BUSINESS WIRE)--Insurance Auto Auctions, Inc. the leading North American salvage auto auction company today announced the opening of a new location in Hesperia, CA which will further strengthen the company’s presence in Southern California. The location, the 12th in California for the company, will serve to further enhance delivery of IAA’s expanding services to vehicle provider and buyer clients in these areas.
The additional location is conveniently located in the growing Southern California area. Buyers will now have access to additional auctions and inventory each week through the industry’s best performing auction, IAA’s hybrid model, which combines live physical auctions with live-online internet bidding.
“Our goal at IAA is to provide the best quality, service and value to our clients,” stated Tom O’Brien, CEO. “Our new Hesperia location is a strategic example of continued infrastructure investments to expand our footprint. The site will ensure that the concentrated area of Southern California is best served for both our vehicle sellers and buyers.”
ABOUT INSURANCE AUTO AUCTIONS
Insurance Auto Auctions, Inc. is leading the salvage auto auction industry in North America by providing the largest facility footprint, strongest buyer base and highest selling returns. IAA’s exclusive focus on the salvage auto auction industry and over 150 corporate owned facilities across the United States and Canada provides suppliers and buyers with the best solution to process and acquire total-loss, recovered-theft, fleet lease and rental vehicles. The company’s hybrid auction model, including live, internet and proxy bidding, united with their mature, global buyer base and diverse inventory produce record setting returns. With over 26 years in the industry, IAA holds the most comprehensive warehouse of salvage auction data. For more information regarding IAA, please visit www.iaai.com.
TIEDEMANN ELECTED PRESIDENT OF ASPA
Total Resource Auctions’ VP To Lead Organization 2009-2010
ATLANTA – Bill Tiedemann was elected president of the American Salvage Pool Association (ASPA) at its 26th Annual Conference and Industry Symposium held this week in Scottsdale, Ariz. As ASPA president, Tiedemann will have responsibility for the general supervision, direction and control of the association’s affairs. He will coordinate all executive functions with the executive director and the management company.
Jerry Sullivan, a partner at QCSA Auto Auctions, is ASPA’s 2009-2010 president-elect, and Bo Wroten, owner/managing member of Insurance Salvage Solutions, will serve as ASPA’s 2009-2010 immediate past president.
“Bill’s experience at Manheim and his dedication to the salvage industry made him an ideal candidate for president of ASPA,” Wroten said. “We know he’ll do a great job as president, and I look forward to working closely with him over the next year.”
ASPA membership approved Tiedemann for the position in March 2008 at the organization’s annual membership meeting in San Antonio, Texas. Tiedemann, Sullivan and Wroten assumed their new positions at ASPA’s annual Conference and Industry Symposium this week. Tiedemann is vice president and general manager of Total Resource Auctions, where he is responsible for helping to build Manheim’s network of salvage auctions.
“Since joining ASPA, I have enjoyed learning from others in the salvage pool industry and building relationships with others in the industry,” Tiedemann said. “I am honored that my peers have elected me to this position, and I look forward to begin serving as president.”
Tiedemann has been associated with ASPA since 2005 and has served on the Connectivity and Legislative committees. He also served on the board of directors for the past three years and is the organization’s 2008-2009 president-elect.
Tiedemann’s career in the auction industry began in 1981 at the Airport Auto Auction in Portland, Ore., where he served as general manager. He moved on to become vice president of sales at the privately owned Portland Auto Auction in 1984 and, in 1986, took a position with GE Capital Auto Auctions as the general manager of the Portland Auto Auction. In 1987, Tiedemann was appointed general manager of the Denver Auto Auction, where he worked for GE Capital.
Tiedemann joined Manheim in 1989 as national operations manager. In 1990, he took over the responsibility for Manheim reconditioning operations, and in 1991, he became director of special operations for best practices, reconditioning operations and capital projects. Tiedemann advanced to vice president of special operations a year later, overseeing reconditioning and the Ford Motor Company relationship. He was promoted to his current position in 2005.
About American Salvage Pool Association
The American Salvage Pool Association (ASPA) is a non-profit trade association comprised of members in the salvage and automotive remarketing industry. Members include salvage pool owners and operators, insurance companies and associate members in salvage pool support industries. Its purpose is to exchange and disseminate information among its members, encourage ethical business practices and assist its members and industry colleagues in matters related to the automotive remarketing industry. More information on ASPA can be found at www.aspa.com.
About Total Resource Auctions
Total Resource Auctions is a wholly owned subsidiary of Manheim. With a national network of wholesale auctions, Total Resource Auctions allows buyers and sellers to securely exchange total-loss, damaged, disabled, inoperative, donation and salvage vehicles at 60 locations throughout North America and via Web-based products, including Manheim Simulcast. For more information, go to www.traauctions.com.
