Canadian equipment marketplace Ritchie Bros Auctioneers Inc. said on Monday it would buy U.S.-based IAA Inc.in a deal valued at about $7.3 billion to diversify into the salvage vehicle market. The ...

Rather than having retail car sales or equipment auctions as its top line and salvage as a sideline, IAA has entered into the arena with a different proposition entirely. The local operation of global ...

Insurance Auto Auctions recently launched Active Inventory Management, the company’s latest innovation designed to help buyers and sellers outsource their salvage inventory management process to IAA. ...

DETROIT (Reuters) - Vehicle auction company KAR Auction Services Inc said on Tuesday it will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus ...

Insurance Auto Auctions (IAA), Westchester, Illinois, has opened a new branch location in Commerce City, Colorado. The company, an auto salvage and auction firm, is a business unit of KAR Auction ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The company provides salvage auction services for insurance ...

Insurance Auto Auctions is taking smartwatch convenience into the car-auction realm with its launch of an Apple Watch application that lets buyers view the status of vehicles in the bidding process ...

Two of the largest salvage auction companies are in different stages of their journeys as publicly traded companies. One on its way toward a first anniversary; the other breaking out silver to ...

Ever thought that junk cars could be a great business? With repair costs exceeding vehicles’ market value, insurers are declaring more smashed cars as total loss. Salvage auto auctioneers are reaping ...