ACV Auctions adds 8 more markets to online footprint


Mobile wholesale marketplace ACV Auctions on Monday announced an expansion into eight new markets.

Building on the half dozen ACV already occupied, the company now has a presence in:

—Southern New Jersey
—Roanoke, Va.
—Hartford, Conn.
—Louisville, Ky.
—Nashville, Tenn.
—Charlotte, N.C.

The push builds on ACV’s existing operations in other U.S. markets, including: all of Upstate New York, Western Massachusetts, Pittsburgh, Northern New Jersey, Northeast Ohio and Washington D.C. 

In preparation for its ongoing expansion, ACV also announced plans to hire more than 100 employees in these new markets and within its headquarters in Buffalo, N.Y. To help bolster hiring across all job categories, ACV on Monday released its first recruitment video, which highlights the company’s position in the online auto auction space. The video can be viewed at the top of this page .

“With this video, we are broadcasting that we are hiring competitive people to be part of our fast growing team. If you have a passion for cars and a true desire to win, grow and excel, we want to hear from you,” said ACV Auctions chief executive officer George Chamoun.

Chamoun emphasized the hiring push is being driven almost exclusively by ACV’s accelerated growth.

“To keep up with demand and keep serving our customers well, we need to continually grow our team,” Chamoun said. “We are aggressively investing in the best people we can find.”

ACV’s advanced mobile platform can enable dealers to view, bid and purchase used car inventory via online auctions. Dealers can select the type of vehicle they wish to purchase and ACV sends an alert to the dealer’s mobile phone when vehicles become available and a live auction follows.

Auctions are conducted from dealer lots and last just 20 minutes. 

ACV’s end-to-end solution includes a detailed condition report. Additionally, the ACV app handles payments, title transfers and transportation arrangements for purchased vehicles.  

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