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America's Group CEO: More auctions to buy.
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- Author(s): Moore, C.J. (AUTHOR)
- Source:
Automotive News. 9/30/2024, Vol. 100 Issue 7162, p26-26. 1p.
- Subject Terms:
- Additional Information
- Abstract:
America's Group, a wholesale auction services provider, is acquiring auction real estate in order to expand its remarketing presence across the United States. The company has already purchased four auctions this year and plans to acquire four to five more. America's Group is targeting both smaller auction chains and larger family auctions for potential acquisitions. By acquiring auctions, the company aims to establish itself as a prominent player in the wholesale auctions industry. It conducts business with over 30,000 dealers each week and plans to use geofencing and artificial intelligence to attract new customers. [Extracted from the article]
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