The 16 auction operations take on the name of America's Auto Auction, which XLerate bought in January.
The four senior vice presidents take on key roles within a much larger company since AAA was acquired by XLerate Group in December 2021.
The combined auction companies will have 39 locations across 19 states, making it a new powerhouse in the remarketing industry.
The automotive remarketing sector is seeing big changes due to an increased use of technology, evolving vehicle mix and shifting expectations from buyers and sellers.
Digital transactions have grown tremendously at XLerate over the last five years, and digital is a key component of its omnichannel, go-to-market strategy.
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