ACV Auctions Adds 8 New Markets

Online auction platform startup ACV Auctions is expanding into eight additional markets in the eastern U.S., a move the company's CEO says reflects growing demand for digital options in the remarketing world.

ACV, which lets dealers buy wholesale vehicles via 20-minute auctions on their mobile phones, said it will open in markets including Boston, Cincinnati and Nashville, expanding its footprint in the East...

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