ACV Auctions said Wednesday that it has expanded into northeast Ohio, Washington D.C., and eastern Massachusetts, while also announcing it will debut  a new incentive program for multi-site dealerships at the NADA Convention & Expo this week. 

In addition to the three new territories, the company ended 2016 entering upstate New York, western Massachusetts, Pittsburgh and Northern New Jersey.

"We ended 2016 strong with each of our markets growing faster than predicted," said George Chamoun, chief executive officer of ACV Auctions said in a news release.  "The increased use of our service and the demand in new markets strongly demonstrates that franchise dealers are truly embracing the ACV Auctions solution for wholesale."

The company’s new incentive program targets multi-site dealerships well-positioned to be the first within their respective markets to utilize the ACV Auctions app to buy and sell wholesales vehicles.

The ACV Auctions team will be demonstrating its app at the NADA Conference & Expo at a reception on Friday, at booth 5615.

ACV Auctions said it will also be working to identify prospective territory managers for future markets.

"We remain focused on moving into markets that are accessible by our current customer base and that offer the vehicles franchise dealers want to buy," ACV Auctions Mike Waterman vice president of business development said in a news release. 

"Our growth strategy is also aligned with our commitment to providing local support with condition reports and working with the best franchise dealers in the country."

ACV Auctions is a mobile platform that can enable dealers to view, bid and purchase inventory via online auctions. These live auctions are conducted from franchised dealer lots and last just 20 minutes.