Two ServNet auction owners have been tapped to serve on the group's Board of Directors, announces Eric Autenrieth, ServNet's President.  Ryan Clark, Director of Greater Rockford Auto Auction, and Matt Fetter, President of Clark County Auto Auction, were elected to the Board at a recent ServNet Owners' Meeting, held in October in Chicago. The pair replace outgoing Board members Steve DeLuca of Auto Auction of New England and Ashley Dietze of the W. Walker Auction Group, both of whom completed two-year terms.

"We are delighted to announce the addition of Ryan Clark and Matt Fetter to ServNet's Board of Directors and look forward to working with them," said Autenrieth.  He explains that the change is part of a planned rotation in governance, with all members of the Board serving regular two-year terms. "By the same token, we are grateful for the contributions made by Ashley Dietze and Steve DeLuca during their tenure and express our appreciation for their hard work on our behalf."

The summer of 2018 saw the return of the industry's most notable mega-sales hosted at ServNet auctions and made a lasting impression on the market, reports ServNet's President Eric Autenrieth. The excitement and activity continues into the fall, as ServNet auctions bring customers together for special events marking special seasonal events, anniversary sales and celebrations of autumn's bounty. Throughout the summer and into the fall, ServNet auctions are building consignments from dealers and national remarketers, positioning their inventory to take advantage of the biggest auction events in the country.

In a mid-year assessment of market conditions, ServNet's President, Eric Aurenrieth, observes a continued healthy market and a sales environment that continues to thrive thanks to the active involvement of ServNet's auction owners in their own businesses and the industry at large.

Reports Autenrieth: "The economy is performing well, and we are seeing higher conversion percentages across the board. In addition, volumes are stable: while dealer inventory is a bit light, we're making up for that in institutional business which is keeping the lanes full of vehicles. Dealers who report that they're short on supply are looking for cars on all platforms, which has resulted in strong pricing and strong conversions."