IAA, Inc. (NYSE:IAA) announced consolidated revenues increased 11.3% to $357.3 million results for the third quarter of fiscal 2019, which ended September 29, up from $321.1 million in the third quarter of fiscal 2018. John Kett, Chief Executive Officer and President, stated, “We are pleased with our third quarter top and bottom line performance. Our […]
Progressive’s Keys to Progress Event Provides Vehicles to More than 100 Military Families
Partnership with National Auto Body Council’s member collision repair shops and Recycled Rides program to honor veterans at more than 60 events across the U.S. on November 7 Just before Veterans Day, more than 100 veterans and their families will get keys to newly refurbished vehicles as part of Progressive’s seventh annual Keys to Progress […]
IAA Partners with SpinCar to Launch 360 View Virtual Imagery
IAA, Inc. (NYSE:IAA), announced the introduction of the salvage auction industry’s first 360° walk-around digital experience, IAA 360 View. Powered by SpinCar’s virtual photo imagery technology, IAA 360 View provides online vehicle buyers with a 360° viewing experience for both the vehicle exterior and interior. The technology was developed based on extensive buyer research coupled […]
IAA Expands Davenport, Iowa Branch Capacity
IAA, Inc. (NYSE:IAA) announces increased capacity of its Davenport, Iowa, branch. This investment increases the branch’s inventory space by more than 20 percent. The IAA Davenport branch is one of two IAA branches in Iowa. “This expansion provides additional space to meet market demand in this region,” said John Kett, Chief Executive Officer and President […]
IAA Opens New Location in Massachusetts
IAA, Inc. (NYSE: IAA) announced the opening of its Templeton, Mass. facility. With 55 acres of land, IAA Templeton is the company’s third branch in the Commonwealth and will support customer demand and inventory growth in both the state and across the New England region. “New England continues to be an important market for us,” […]
IAA Holds Grand Opening Event at New Lexington, S.C. Facility
IAA, Inc. (NYSE:IAA) celebrated the grand opening of its Lexington, S.C. facility. IAA Lexington is the fourth branch in the state and will help accommodate increased customer capacity demands. Honored guests at the September 11 event included the President of the Lexington Chamber of Commerce Otis Rawl and staff from South Carolina Representative Joe Wilson’s […]
IAA Expands in Indianapolis
IAA, Inc. (NYSE: IAA) announced the expansion of its Indianapolis branch. This investment will increase the branch’s ability to support new customer demand in Indianapolis and the surrounding metropolitan area. “This expansion brings needed resources to the Indianapolis branch and brings us to over 70 acres of capacity,” said John Kett, Chief Executive Officer and […]
Impact Auto Auctions Expands Branch in London, Ontario
Impact Auto Auctions, a subsidiary of IAA, Inc. (NYSE:IAA) announced the expansion of its London, Ontario, branch. This investment increases the branch’s gross acreage by nearly 25 percent. The London, Ontario, branch is one of six Impact Auto Auctions branches in Ontario. “This expansion further solidifies our leadership position in both the Ontario market as […]
IAA Reports Second Quarter Revenue Growth of 10%
Reports year-to-date revenue growth at 7.9% IAA, Inc. (NYSE: IAA) today announced consolidated revenues for the second quarter of 2019 that ended June 30 increased 10.0% to $366.4 million from $333.2 million in the second quarter of fiscal 2018, primarily due to increased volumes of approximately 6% and higher revenue per vehicle of approximately 4%. […]
IAA Expands Phoenix Location
IAA, Inc. (NYSE: IAA) announced the expansion of its Phoenix branch. This investment supports increased customer demand in the state. “We look forward to the additional operational capabilities this investment brings to this branch,” said John Kett, Chief Executive Officer and President of IAA. “Our Phoenix customers will benefit from the increased capacity.” “This investment […]