Chad Bailey, president of the ServNet, has announced that All Valley Dealers Auto Auction (AVDAA) has joined the group of independent auctions.

AVDAA is located in North Hollywood, California, the only auction in the center of the all-important Los Angeles market. Situated on 15 acres just 10 minutes from the Burbank airport, the auction includes four auction lanes with both in-lane and online selling, detail and reconditioning facilities, and full transportation services.

Wolfe's South Bend Auto Auction has been acquired by Great Lakes Auto Auction. Great Lakes Auto Auction is headed by principals Ryan Clark, President and Chad Anderson, Vice President, who are long-time operators of Greater Rockford Auto Auction in Rockford, Illinois.

The South Bend auction will be renamed Great Lakes Auto Auction and will continue holding weekly sales on Wednesdays at 1:00 PM. All members of the auction staff, led by General Manager Brandon Kieffer, will remain.

Throughout the year, ServNet auctions reach out to their communities, focusing on those needing a helping hand. The causes are as varied as the auctions themselves: from benefits for orphans and the homeless, help for those with medical needs, and fundraising for medical research Benefiting local and national charities, auction owners, employees and their customers open their hearts and their pockets at fund-raising efforts across the country.

"The fund-raising events held at ServNet auctions vary in size and scope," says ServNet Executive Director Chris Angelicchio. "Some benefit high profile charities, while others are focused on efforts that are close to home. But they are all spurred by the generosity of the auction's owners, employees and customers and their desire to help.”

The National Auto Auction Association has named Raymond C. Nichols an Industry Pioneer for his visionary leadership and exemplary service to the wholesale auto auction industry and NAAA..

Nichols is chairman and CEO of BSC America, which encompasses two ServNet auction locations: Bel Air Auto Auction and Tallahassee Auto Auction; and a specialty weekly sale located at BSC's Clayton Station in Edgewood, Maryland.

With the distinction of receiving the Industry Pioneer award, Nichols becomes just the sixth person in NAAA history to have served as NAAA President, be inducted into the NAAA Hall of Fame, and receive the Industry Pioneer award.

ServNet's 21 auction locations throughout the United States are celebrating Auto Auction Week, August 15 through August 19. Said Chris Angelicchio, ServNet's Executive Director: "The auto auction industry is a vital one, and ServNet auctions are mindful of the part they play in maintaining its health and vitality. We are grateful for our auction partners, and for the important work that the NAAA does to ensure the industry's ongoing strength and relevance."

ServNet auctions, like most businesses in the automotive industry, are witnessing change at a pace accelerating faster than ever before. Our auctions are navigating the uncertainties caused by supply chain issues, accommodating growing numbers in online purchasing, and planning for capital improvements and production strategies to keep pace with the rise in demand for electric vehicles. As has been their focus for decades before and will continue to be for decades to come, ServNet auctions continue to demonstrate their ability to adapt to meet the needs of their customers and a dynamic market.

ServNet has announced the winners of its 2022 Scholarship Program. Eight scholarships are being awarded to aspiring students for the 2022-2023 academic year.

"As the leaders of family-owned businesses. ServNet owners take a deep personal interest in their employees," explains Robert Sullivan, ServNet's Administrative Director "ServNet's scholarship program encourages the members of our auction families and helps lay the groundwork for the generation that follows."

Sullivan reports that ServNet is presenting a total of $19,000 in scholarships this year. One scholarship for $1,500 is going to a student attending a two-year college, and seven scholarships of $2,500 are being awarded to students attending a four-year college or university.

ServNet Auctions are adding sizzle to the market with the industry's biggest promotions. As temperatures rise and the market swings into summer, the industry's most notable mega-sales once again set the bar for innovation and impact on the market. Bringing customers together for events ranging from anniversary sales and rock concerts to summer barbecues and the upcoming football season, ServNet Auctions are welcoming buyers and sellers to the biggest auction events in the country.

"Some of the largest and most well-known promotions in our industry take place at ServNet auctions during the summer months,” says Chris Angelicchio, ServNet's Executive Director. "These mega-sales provide prime opportunities to build and strengthen the relationships our auctions have with their customers. The variety, quality and creativity of these events continue to influence the market, providing good times, great entertainment, and superior opportunities for buying and selling cars in the auction lanes."

ServNet auctions continue to receive accolades from the remarketing community for exemplary service. In assessing auction results for 2021, national remarketers recognized ServNet auctions in both national and regional standings, with scores based on operations, customer service and retentions.

"ServNet auctions have long been distinguished by an exceptional level of service offered to its customers," said Chris Angelicchio, ServNet's Executive Director. "As national remarketers tallied their results for 2021, ServNet auctions have once again emerged as leaders among their industry partners. ServNet auctions share a determination to offer the best auction experience for its customers, and that determination is evidenced by consistent, superior award-winning performance."

"It is with great pleasure that we welcome Chris Angelicchio as ServNet's Executive Director," said Chad Bailey, ServNet's President. "His many years as an auction owner and operator, coupled with his standing in the industry make him uniquely qualified to lead the ServNet Auction group. He will play a pivotal role in continuing to build and strengthen ServNet in this rapidly evolving industry."

Angelicchio comes to ServNet with over 20 years of auto auction experience, many of them gained at the Angelicchio family's Pittsburgh Independent Auto Auction and Winchester Auto Auction which were previously ServNet member auctions.