EBlock adds 9 Southeastern states to US footprint
File photo of Jason McClenahan (center, with mic), president and CEO of EBlock parent company E INC, during a panel discussion at Used Car Week in November 2019. Photo by Jonathan Fredin.
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BURLINGTON, Vt. –
Digital auto auction EBlock has expanded to the Southeastern U.S.
The company said Thursday that beginning Feb. 22, dealers in Alabama, Florida, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, Virginia and West Virginia will be able to utilize the dealer-to-dealer auction platform.
EBlock launched in Canada in 2015 and entered the U.S. market in 2019. Its U.S. headquarters are in Burlington, Vt.
Parent company E INC. went public on the Toronto Stock Exchange in November.
“Vehicle inventory is tighter and more expensive than ever. Dealers are searching for quicker ways to buy and sell inventory to keep up with demand,” said Jason McClenahan, who is president and chief executive officer of parent company of E INC.
“Dealers need a digital auction partner with set auction times that work into their busy schedules because they can't afford to be tied to the screen following an auction all day long,” McClenahan said.
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“Drawing on our experience in western U.S. and Canada we are equipped to deliver a fast and efficient experience that saves dealers time and money while still preserving the energy of the live auction they know and love,” he said.
One of the dealers that utilizes EBlock is California-based Thompson’s Family of Dealerships. Mark Zigler, the group’s pre-owned director, said: “We utilize EBlock for our wholesale needs.
“We value the ease and simplicity of the platform and professionalism of the entire team. On-site, accurate condition reports, and zero risk. We save thousands every month on transport costs and sale fees,” Zigler said.
