ARLINGTON, Texas — ACV Auctions, an online vehicle auctioning platform, has teamed with the National Independent Automobile Dealers Association as a “Bronze”-level national corporate partner.

ACV Auctions provides franchise and independent dealerships with a method of bidding on, selling and purchasing vehicles through 20-minute online auctions. The platform was designed to modernize the entire arc of auction operations, including vehicle condition inspection, title management, floorplan purchasing, arbitration and transportation.

“NIADA has a long history of seeking cost-effective services that enable their members to succeed,” ACV Auctions CEO George Chamoun said. “ACV Auctions’ ability to connect franchise and independent dealers in real time with trust and transparency is a perfect fit with NIADA’s mission for its members.”

Through the partnership, ACV Auctions will provide NIADA members an opportunity to learn firsthand about streamlining their inventory management through the platform, which is designed to save dealers time and money.

“Our independent auto dealership members continue to expand their vehicle sourcing strategies through wholesale ecommerce channels,” NIADA senior vice president of member services Scott Lilja said. “ACV Auctions has helped transform that market through innovative technology, first-class service, an easy-to-use platform and a cost-effective vehicle acquisition structure.

“Finding retail-ready inventory at the right price in real time has become a critical factor to success in our market. ACV Auctions helps our members accomplish that objective.”