ServNet Elects New Board Members, Applauds Chad Baileys Inauguration as NAAA President

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."

ServNet's Mega-Sales Add Sizzle to Summer and Fire Up Fall Market

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.

Mid-Year Report Reveals Strong Market and Thriving Sales Environment at ServNet Auctions

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."

ServNet Auction Owners Strengthen Industry through Service

As leaders of some of the best independent auto auctions in the country, ServNet's auction owners play vital roles in the daily operations and ongoing success of their businesses. With feet on the ground, in the lanes and on the block, they manage operations, set the bar for customer service, and produce results for buyers and sellers across the country. But for many of these owners, their work in the business of vehicle remarketing extends far beyond their own auction arenas. Many give their time and attention to their communities and the industry beyond.

Leading the charge is Chad Bailey, president and third-generation owner of Akron Auto Auction, who is currently President-elect of the National Auto Auction Association. When he takes on the post of NAAA President in the Fall, he joins a distinguished group of industry leaders who have directed the activities of the NAAA.

ServNet's Mega-Sales Add Sizzle to Summer Market

Summer is in full swing at ServNet auctions across the country, where the industry's most notable mega-sales set the bar for innovation and impact on the market, says ServNet's President Eric Autenrieth. Bringing customers together for everything from anniversary sales and rock concerts to summer barbecues and celebrations of the red-white-and-blue, ServNet auctions are building consignments from dealers and national remarketers, positioning their inventory to take advantage of the biggest auction events in the country.

"Summer promotions at ServNet auctions have for years defined the season," says Autenrieth. "The variety, quality and creativity of these events are remarkable, and they have a tremendous impact on the marketplace. They bring customers together from all parts of the country for good times and prime opportunities for buying and selling in the auction lanes."

ServNet Announces 2018 Scholarship Recipients

ServNet has announced the 2018 recipients of the group's scholarship program during its Spring Owners' Meeting, held early in May. Now in its third year, the scholarship program was established in 2016 as an ongoing initiative to help ServNet auction employees and their families pursue the dream of higher education .

"We were pleased to expand the scholarship program this year, adding an additional award for $2,500 for a student attending a four-year college," said Kevin Brown, ServNet's president. "We awarded a total of $19,000 this year and are very happy to announce the names of eight ServNet scholarship recipients." 

ServNet's Next Generation Owners Build on Family Legacies as They Plan for Future

As ServNet observes its 30th anniversary in 2018, the group plans for its future guided not only by the independent auction owners who have spent a lifetime in the business, but also by members of the next generation who work to ensure the ongoing success of some of the most successful auto auctions in the country. Those next generation owners are making their marks on the daily operations of their auction locations, and have developed into strong, capable, visionary leaders, as they continue the pattern set by their parents in building the family businesses. They are also filling leadership positions in the industry, most notably as members of ServNet's Board of Directors. Serving a two-year term as ServNet's President is second-generation owner Eric Autenrieth (Carolina Auto Auction and Indiana Auto Auction). Three next generation owners also hold seats on the Board: Beth Barber (State Line Auto Auction), Steve DeLuca (Auto Auction of New England), and Ashley Dietze (San Antonio Auto Auction). 

ServNet Auctions Set the Bar for Auction Performance

ServNet auctions continue to be cited for outstanding sales, service and operational excellence in the remarketing community. As national remarketers assess auction results for 2017, ServNet auctions across the country have been recognized for superior performance. 

"ServNet auctions continue to demonstrate the strength of their partnerships with national accounts across the country," said CEO Pierre Pons. "Award-winning performance is an ongoing tradition with ServNet auctions, where quality and consistency of service set them apart from the competition, both on a regional and national basis."

ServNet Marks 30th Year

ServNet Marks 30th Anniversary Year ServNet celebrates a collective milestone in 2018 -- 30 years as the industry's "premier network of independent auto auctions cooperating together to strengthen and build relationships." What began as small group of independent auction owners wanting to share marketing strategies has undergone tremendous growth and change over three decades, evolving into a major force in the remarketing industry, setting the standard for service, efficiency and innovation in the auction selling environment.

ServNet to Award $20,000 in Scholarships in 2018

ServNet has announced that it has expanded its scholarship program, which was unveiled in 2016 and is designed to help ServNet auction employees and their families pursue the dream of higher education. The ServNet Scholarship program assists full-time ServNet auction employees, their children, stepchildren and grandchildren who plan to continue education in college or vocational school programs.  This year up to ten (10) awards will be given: five awards of $2,500 to students attending a four-year college or university, and five awards of $1,500 for students attending a two-year college or vocational-technical school.