ACV hits 2 months of record sales


ACV Auctions has reeled off two straight months of best-ever sales for the digital auto marketplace, while also notching several other milestones in June.

In May, ACV sold 31,350 of 45,000 unique wholesale units listed, then followed that up by selling 40,242 of 53,000 units in June.

“It’s now apparent that the shift to digital is imperative to facilitate long-term growth,” said ACV chief executive George Chamoun said in a news release.

“I’m proud of my team for being ready to jump in and help dealers during these challenging times,” Chamoun said. “The combined efforts from our dealer partners and my team have led to unprecedented sales momentum, further validating the adoption to digital within wholesale inventory.”

Additional milestones for the company in June include reaching 49,999 Audio Motor Profile recordings; 32,000 Virtual Lift scans; and 3.42 terabytes of data gathered and uploaded by the company’s inspectors.

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