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Irish entrepreneur O’Boyle finds similar business mindset in ACV, his new ‘home’
When he met ACV CEO George Chamoun in February 2023, Conor O’Boyle found a kindred spirit in business, an ocean away from his native Ireland. A year-and-a-half later, ACV would end up acquiring Drive Inc., the company O’Boyle founded with Shane Ennis that operates wholesale digital marketplace TradeBid and electric vehicle platform Nevo. But if […]
What auctions can learn from NAAA’s sister organization in UK
When he spoke to Auto Remarketing in late summer, National Auto Auction Association executive director Paul Lips had just returned from a trip to the U.K. to visit NAAA’s sister organization, the National Organization of Motor Auctions (NAMA), and attend its board meeting. “And I think I would say they’re ahead of us (digitally) only […]
Copart aims for whole car operations to ‘increase dramatically,’ including through M&A
Copart — and most any publicly traded company in the auto industry, for that matter — doesn’t typically hold conference calls between their regularly scheduled quarterly earnings calls with the investment community. But this year is a little different for the online vehicle auction company. On June 29, Copart announced a CEO transition, under which […]