Hot Topic: OARA roundtable on green recycled parts; event guest list filling up
Toronto, Ontario — The Ontario Automotive Recyclers Association (OARA) will host a roundtable discussion on the use of green recycled parts, based on findings from its study alongside U.K.-based firm Oakdene Hollins. The invitation-only discussion on the benefits, costs, obstacles and opportunities to increase the use of green recycled parts in Ontario will take place […]
Three’s Company: IAA adds three enhancements to selling platform
Westchester, Illinois — IAA has announced three enhancements to its selling platform: IAA Vehicle Score™, IAA Vehicle Value™ and the IAA Sales Decision Center™, all of which work together to provide vehicle sellers with information that is critical in helping to optimize their auction strategies for greater returns,” wrote Ritchie Bros. (RB) Global, IAA’s parent […]
Auctions for Auctioneers: Ritchie Bros acquisition of IAA achieves shareholder approval
Toronto, Ontario — After some bumps along the road of negotiation, the Ritchie Bros acquisition of IAA has been completed following shareholder agreement from both parties. This merger will see IAA stockholders receive $12.80 per share in cash and 0.5252 common shares of Ritchie Bros. for each share of IAA common stock they own. When […]
Bought by the Bros: IAA Inc. purchased by B.C.-based Ritchie Bros. Auctioneers
Burnaby, British Columbia — Ritchie Bros. Auctioneers, a Canadian equipment marketplace based in Burnaby, B.C., said Monday that it would purchase U.S.-based IAA Inc. in a US$7.3 billion deal. The company said the deal aligns with Ritchie Bros.’ goal of diversifying into the salvage vehicle market. Ritchie Bros. touted a market cap of approximately US$6.9 […]
Give Me the FAX: IAA integrates CARFAX vehicle history reports into auction platform
Toronto, Ontario — Car buyers looking for an extra bit of info before making their big purchase will now have CARFAX Canada Vehicle History Reports made available to them through IAA Inc.’s various vehicle auctioning platforms, the company announced on Monday. IAA users will now be able to access vehicle history reports for up to […]
Industry Insider: All about IAA’s rebrand, with managing director Blair Earle
Toronto, Ontario — Today on Collision Repair‘s Industry Insider podcast, we sit down with Blair Earle, managing director of IAA, formerly known as Impact Auto Auctions. That’s exactly what we’re here to talk about today—the company’s recent rebrand to IAA. All the same offerings, services and global support the company has always offered, just under […]
A New Era: Impact Auto Auctions rebrands to IAA
Toronto, Ontario — Heads-up to the auto recyclers out there; a familiar face in the aftermarket industry has adopted a new name, as Impact Auto Auctions has officially rebranded to IAA. This recent change by the used vehicle distributor can already be seen across IAA’s online platforms, such as its website, Auction Center, Seller Portal, […]
Industry Insider: IAA’s new Merchandising Platform provides a 360 buying approach
Toronto, Ontario — This week, Collision Repair’s Industry Insider sat down with Blair Earle, managing director for Impact Auto Auctions Canada, to learn more about the IAA Interact merchandising platform and how its features can provide trifold—and beyond—benefits to online buyers. Check out this week’s episode to learn more!