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General
Motors to Add Sales at ServNet Auctions
General Motors
and GMAC have expanded sale locations at ServNet Auctions, reports
Richard Curtis, ServNet's Executive Vice President of Industry
Relations With the new locations, both GM and GMAC will
sponsor sales at six ServNet auctions.
"Over
the past 12 months General Motors and GMAC have undergone a
wholesale reevaluation of their remarketing strategies, scrutinizing their auction
outlets as well as the markets they represent. We're pleased to report that GM
and GMAC have added two additional ServNet auctions to their group of auction partners," said
Curtis.
ServNet
auctions have a long and successful history with General Motors, observed
Curtis. He notes that over the past six years, ServNet auctions have
received four top national rankings from the automaker: Idaho Auto Auction
as Auction of the Year in 2004, State Line Auto Auction as first in the
nation for Operational Excellence in 2007; and Flint Auto Auction as
back-to-back winner of GM's Auction of the Year Award in 2007 and 2008. In
addition to national awards, ServNet auctions have received multiple
awards for regional excellence.
"ServNet
auctions consistently rank among the top-performing auctions for General
Motors, the nation's largest institutional seller of vehicles in the
wholesale market, and GMAC, the nation's largest financer of
vehicles," said Curtis.
He noted that General Motors
and GMAC jointly remarket vehicles at 42 GM
Sponsored Auctions sites across the country in both a "closed"
and "open" sale environment. Of those 42 facilities, only
9 are
independent auctions, and 6 of those independents are ServNet auctions. In
addition, GMAC has a "stand-alone" sponsored sale at DAA
Northwest, the ServNet auction location in Spokane, WA.
The
two new locations are: Brasher's Salt Lake Auto Auction and BSC America's
Bel Air Auto Auction. They join current ServNet locations for General
Motors and GMAC: Flint Auto Auction, State Line Auto Auction, Brasher's Idaho Auto
Auction and Dealers Auto Auction of Oklahoma City.
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