The major auction company expands its national footprint with a new acquisition, gaining access to a six-lane arena, reconditioning facility, and mechanical services.
CAR 2023: Recipients of the IARA Circle of Excellence, CAR Remarketer of the Year, and CAR Consignor of the Year awards swept the stage with industry accomplishments.
CAR 2023: The industry leaders will offer their latest take on the state of the industry and business patterns that indicate future trends.
Executive vice president Chuck Tapp will replace the longtime remarketing industry executive who last year oversaw the merger of XLerate Group and America’s Auto Auction.
Karol Kirby Ahmed was recently featured on local TV news in a story about women-lead auctions.
Along with lanes full of cars, food and giveaways, dealers from surrounding states were witness to the inaugural sale of the new operation.
The 16 auction operations take on the name of America's Auto Auction, which XLerate bought in January.
Three months after acquiring America's Auto Auction, XLerate Group is promoting, moving, and hiring leaders throughout the partnered companies.
The four senior vice presidents take on key roles within a much larger company since AAA was acquired by XLerate Group in December 2021.
The combined auction companies will have 39 locations across 19 states, making it a new powerhouse in the remarketing industry.
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