Open in Ottawa: Copart Inc. opens new facility in Ottawa, Ontario
Ottawa, Ontario – Copart Inc., a global leader in online auto auctions, has announced that it is opening a new location in Ottawa, Ontario. The newly built facility, 300 Somme St., provides 44 acres of vehicle storage space. The site is conveniently located 15 minutes from downtown Ottawa. “Copart continues to invest in Canada by expanding […]
The Holland Hoard: More than 200 very rare vehicles on auction in The Netherlands
Photo by Gallery Aaldering Dordrecht, The Netherlands — A series of auto auctions currently taking place in The Netherlands is proving historic, both in terms of scale and substance, as the more than 200-strong fleet of rare and classic cars owned by Dutch businessman Ad Palmen find new homes. With rides like the rare Lancia […]
Human Factor: Cox Automotive lays off 80 employees amid Edmonton withdrawal
Edmonton, Alberta — Cox Automotive is cutting loose 80 employees in Canada as it closes its Manheim auction operation, saying that the local wholesale market meant that the business no longer fit Cox’s growth plans for the future. “It’s never easy when we make these decisions. Unfortunately, Edmonton is not going to be a part […]
Auctions for Auctioneers: Ritchie Bros acquisition of IAA achieves shareholder approval
Toronto, Ontario — After some bumps along the road of negotiation, the Ritchie Bros acquisition of IAA has been completed following shareholder agreement from both parties. This merger will see IAA stockholders receive $12.80 per share in cash and 0.5252 common shares of Ritchie Bros. for each share of IAA common stock they own. When […]
A Fresh Start: Mike Hall auctions off all but 50 of 550-car collection
Tappen, British Columbia — Mike Hall had a bittersweet few days this past weekend as the Rust Valley Restorers star auctioned off all but 50 of the vehicles that make up his famous “field of dreams”. With his sights set toward retirement, Hall made the decision to shed the burden of his 550-strong car collection […]
Grab the Keys, Start the Engines: Impact adds two new features to Merchandising Tools
Mississauga, Ontario — Impact Auto Auctions, the Canadian subsidiary of IAA, a global digital marketplace connecting vehicle buyers and sellers, announces the enhancement of its Interact™ merchandising platform with two new features–Engine Starts and Key Image. These tools provide buyers with additional vehicle details to research, bid, and buy with greater confidence and trust–while also […]
Industry Insider: IAA’s new Merchandising Platform provides a 360 buying approach
Toronto, Ontario — This week, Collision Repair’s Industry Insider sat down with Blair Earle, managing director for Impact Auto Auctions Canada, to learn more about the IAA Interact merchandising platform and how its features can provide trifold—and beyond—benefits to online buyers. Check out this week’s episode to learn more! https://youtu.be/BmijO2yoXB0