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Acv System

Founded in 2014, ACV Auctions provides an application for purchasing wholesale vehicles. Offering users to view vehicle condition reports and instantly alert buyers that a 20-minute auction has begun. Their technology modernizes the entire arc of auction operations, including account management, title management, floor plan purchasing, arbitration, and facilitating logistics. The company is headquartered in Buffalo, New York.
Country/AreaIndia
Company Emailfeedback@acvauctions.com
IndustryVehicles & TransportationBusiness ServicesElectronicsAuctionsSchool & Office Supplies
Company website
Company phone(800) 553-4070
Established2014
Company Revenue$447,235,000
Number of employees1500
SIC Code59599
NAICS Code45455
Main ProductsUsed Rental CarsTitle Hubwholesale , off-lease, and retail inventory directly on the lot. The inspectors conduct a thorough vehicle inspection so you can bid with confidence. The vehicle inspection includes interior and exterior photos of the vehicle to show the tires, engine, odometer; high-definition engine sounds; OBDII scan; Paint Meter: Undercarriage, Engine Sound, and more.clean title used cars or wholesale inventory, likehatchbacks ,Vehicle MakesGuaranteed Salesedans ,Dealer FormsSports CarsACV CapitalBecome a BuyerACV has become an integral part of our group's success. We're buying and selling hundreds of cars per month. Bob Tasca Tasca AutomotiveACV TransportationPrivate Marketplacesluxury cars , and more. ACV’s used car auctions are 100% online and run daily, so you can find used car inventory from your phone or desk without having to travel to a physical auto auction.ACV frees up my time to help assist our staff to put deals together. That's the biggest thing about having a partnership with ACV and our dealership...we create success. Tyler Zinsmeyer Sharon ChevySUVs ,Inventory Near Youpickup trucks ,Every single vehicle that we wholesale is done through ACV. Tom Allen Lester Glenn Auto GroupMarket ReportFor SellersLive Appraisal
http://www.linkedin.com/company/acv-inchttps://twitter.com/acvauctionshttps://facebook.com/acvauctionshttps://www.instagram.com/acvauctions

Company News

ACV Auctions Inc. (ACVA) Q3 2023 Earnings Call Transcript
ACV Auctions Inc. (NASDAQ:NASDAQ:ACVA) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ETCompany ParticipantsTim Fox - Vice President, Investor...
dateNov 7, 2023
Insider Sell: CEO George Chamoun Sells 245,474 Shares of ACV Auctions Inc (ACVA)
On September 14, 2023, George Chamoun, the CEO of ACV Auctions Inc (NASDAQ:ACVA), sold 245,474 shares of the company.
dateSep 15, 2023
Insider Sell: Craig Anderson Sells 15,000 Shares of ACV Auctions Inc (ACVA)
On September 12, 2023, Craig Anderson, an insider at ACV Auctions Inc (NASDAQ:ACVA), sold 15,000 shares of the company.
dateSep 14, 2023
ACV Auctions Inc. (ACVA) Q2 2023 Earnings Call Transcript
ACV Auctions Inc. (NASDAQ:NASDAQ:ACVA) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ETCompany ParticipantsTim Fox - Vice President-Investor RelationsGeorge Chamoun - Chief...
dateAug 8, 2023
ACV Auctions Inc. (NASDAQ:ACVA) Shares Could Be 45% Below Their Intrinsic Value Estimate
Key Insights ACV Auctions' estimated fair value is US$29.70 based on 2 Stage Free Cash Flow to Equity Current share...
dateJul 27, 2023

Business Info

CINU74999DL2001PTC113505
Registered StateDelhi
Registrar Of CompaniesRoC-Delhi
CategoryCompany limited by Shares
Sub CategoryNon-govt company
Company ClassPrivate
Company StatusActive
Registered Office AddressR-20-A, BASEMENT FLOOR PUL PEHLADPUR NEW DELHI DL IN 110044
Authorized Cap2500000.00
Paidup Capital2500000.00

Web Summary

Q1: What is the company name and its main industry?
A1: The company name is ACV Auctions, and its main industry is the wholesale automotive industry.

Q2: What values does the company operate on?
A2: ACV Auctions operates on four core values: Trust & Transparency, People First, Positive Experiences, and Calm Persistence. These values are fundamental to how the company operates and strives to provide a level of trust and transparency that was once unimaginable.

Q3: What products does ACV Auctions offer?
A3: ACV Auctions offers a suite of automotive products that enable partners to succeed in all aspects of their business, including vehicle types such as Sports Cars, Luxury Cars, Sedans, Hatchbacks, SUVs, Vans, Trucks, and Wholesale. The company also provides services such as Guaranteed Sale, Live Appraisal, Title Hub, Private Marketplaces, Transport Finance, and Updates.

Q4: What is the purpose of ACV Auctions?
A4: ACV Auctions aims to fundamentally change the wholesale automotive industry by providing a level of trust and transparency that was once unimaginable. The company strives to raise the bar every day by investing in its people and technology to help customers succeed.

Q5: Who are the key executives of ACV Auctions?
A5: The key executives of ACV Auctions include George Chamoun as Chief Executive Officer, Bill Zerella as Chief Financial Officer, Vikas Mehta as Chief Operating Officer, Craig Anderson as Chief Corporate Development & Strategy Officer, Michael Waterman as Chief Sales Officer, Kate Clegg as Chief Marketing Officer, Bahman Koohestani as Chief Technology Officer, Sallie Reid as Chief People Officer, and Leanne Fitzgerald as Chief Legal Officer.

Q6: What is the company's approach to customer service?
A6: ACV Auctions creates positive experiences for all customers by striving every day to be famous for its service. The company values calm persistence and never settles for where it is today, continually evolving to meet the changing needs of its customers.

Q7: How does ACV Auctions handle transportation and logistics?
A7: ACV Transportation offers simple, fast, and fairlypriced shipping services for any vehicle, regardless of where it was purchased from. The company provides reliable, consistent, and fullservice transportation solutions through a nationwide network of over 5,000 active, safe, and reliable carriers.

Q8: What is the company's relationship with Amazon?
A8: ACV Auctions is the data and technology partner powering Amazon's consumer tradein experience for their new automotive marketplace. This dealerfriendly solution provides a seamless consumer experience while giving dealers access to new customers and increasing their vehicle acquisition success rates.
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