IAA Auction Center will assist buyers in Central America
IAA, Inc., a leading global digital marketplace connecting vehicle buyers and sellers, announces that it has expanded its market alliance network in El Salvador with Trans-Auto S.A. de C.V. This business will operate an IAA Auction Center in the center of the capital city, San Salvador. They will help buyers in the area register with IAA, bid on and pay for vehicles, transport, ship and clear vehicles into the country.
The IAA Auction Center is located within one of the largest and well-known import terminals in the country where buyers receive incoming shipped vehicles. The growing buyer traffic in the region created the opportunity for IAA to provide additional services including bidding, transportation, and shipping assistance. Opening an IAA Auction Center will support increased bidding activity, assist new buyers and complement IAA’s existing global relationships.
John Kett, CEO and President of IAA said:
“We are thrilled to expand IAA’s reach in the Northern Triangle of Central America.” He added: “There is already a significant volume of buyer traffic in the San Salvador region and we look forward to helping meet the needs of the growing buyer base in this strategic market.”
Alejandro Mohor, Owner of Trans-Auto S.A.de C.V said:
“We look forward to working with IAA to provide services to local buyers.” He added: “IAA’s auctions have seen bidding growth from buyers in El Salvador, Guatemala and Honduras. The introduction of an IAA Auction Center and IAA’s state-of-the-art bidding technology will help area buyers purchase vehicles with greater satisfaction and convenience than ever before. It is an honor that IAA has placed its trust in Trans-Auto, and we look forward to working with IAA to provide services to local buyers in their country’s language.”
IAA, Inc. (NYSE: IAA) is a leading global digital marketplace connecting vehicle buyers and sellers. Leveraging leading-edge technology and focusing on innovation, IAA’s unique platform facilitates the marketing and sale of total-loss, damaged and low-value vehicles. Headquartered near Chicago in Westchester, Illinois, IAA has nearly 4,500 employees and more than 210 facilities throughout the U.S., Canada and the United Kingdom. IAA serves a global buyer base – located throughout over 170 countries – and a full spectrum of sellers, including insurers, dealerships, fleet lease and rental car companies, and charitable organizations. Buyers have access to multiple digital bidding and buying channels, innovative vehicle merchandising, and efficient evaluation services, enhancing the overall purchasing experience. IAA offers sellers a comprehensive suite of services aimed at maximizing vehicle value, reducing administrative costs, shortening selling cycle time and delivering the highest economic returns.
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