IAA, Inc. (NYSE: IAA) announced Tony Core has joined IAA as UK Director of Sales & Marketing, reporting to Steve Hankins, UK Managing Director for IAA. Core has more than fifteen years’ industry experience and joins IAA from Chief Rentals, the leading provider of niche and specialist vehicle hire to the UK insurance industry. During […]
UK-based HBC Vehicle Services Rebrands to IAA
IAA, Inc. (NYSE:IAA) announced that its UK-based business unit HBC Vehicle Services has rebranded as part of the global IAA brand. “Our in-country focused business model successfully leverages the resources of IAA while investing in the infrastructure, leadership and service delivery for the local market,” stated Terry Daniels, Senior Vice President of Global Operations for […]
IAA Expands Branches in Alabama, Florida, Montana and New York State
IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announced branch capacity expansions across four key markets in Miami, Fla., Long Island, N.Y., Birmingham Ala. and Missoula, Mont. These expansions increase storage inventory by more than fifty percent total acres across the four branches. “These expansions provide much-needed capacity […]
IAA Announces Five Branch Relocations and Expansions
IAA, Inc. (NYSE:IAA) announced branch relocations and expansions in five key markets in California, Texas, New Jersey, Virginia, and South Dakota. The five locations now provide significantly more inventory storage in addition to updated branch facilities. “We strive to ensure that our extensive facility footprint is consistently meeting the needs of our buying and selling […]
IAA Launches New Merchandising Platform in the U.S.
IAA, Inc. (NYSE:IAA) announced the introduction of IAA Interact, a comprehensive merchandising platform combining imagery, information and personalization that engages buyers with detailed vehicle information while driving a more competitive bidding environment and higher proceeds for sellers. The platform was designed using extensive e-commerce merchandising research to drive increased online bidding and buying. The platform […]
IAA Reports Revenue Up 2.6% in First Quarter
IAA, Inc. (NYSE:IAA) reported consolidated revenues increased 2.6% to $366.6 million from $357.2 million in the first quarter of fiscal 2019 that ended March 29. First quarter revenue includes $2.4 million of revenue from DDI, which was acquired on July 31, 2019. Foreign currency movements had a negative impact of $0.4 million on revenue for […]
IAA Partners with NASCAR to Expand Capacity for Catastrophe Services
IAA, Inc. (NYSE: IAA) and NASCAR Enterprises, LLC., announced an exclusive agreement that further increases IAA’s catastrophe capacity footprint by enabling the vehicle auction firm to leverage NASCAR facilities for total loss vehicle storage after a catastrophe.. The agreement expands an already long-term relationship between the two organizations. In addition to the company’s other catastrophe […]
IAA Reports Revenue Up 6.2% in Fourth Quarter and Full Year Fiscal 2019 Financial Results
IAA, Inc. (NYSE: IAA) reported its revenue increased 6.2% to $355.9 million in the fourth quarter of 2019 ended December 29, up from $335.2 million in the fourth quarter of fiscal 2018. Fourth quarter revenue includes $2.4 million of revenue from DDI, which was acquired on July 31, 2019. Foreign currency movements had a negative impact […]
IAA and Snapsheet Announce Total Loss Process Automation Partnership
IAA, Inc. (NYSE:IAA) and Snapsheet announced an integrated partnership combining IAA’s total loss claims and salvage solutions with Snapsheet’s configurable claims management platform to create one seamless solution from first notice of loss to sale at auction. The combined offering will reduce the time it takes insurance carriers to process claims for total loss vehicles. […]
IAA’s Michael Ortega to Present During March 17 CIECA Webinar
The Collision Industry Electronic Commerce Association (CIECA) announced that its next CIECAst technical webinar will feature Michael Ortega, senior director of Application Development at IAA. Ortega’s presentation, The Key to Collaboration: Combining Technology and Communication, will be held on Tuesday, March 17, at noon (EDT). All industry segments, including CIECA members and non-members, are invited […]