![]() ![]() “The addition of physical auctions to our digital dealer-to-dealer platform is a natural extension of our commitment to supporting the evolving needs of our dealer partners. Southeast market which we announced earlier this year,” said Jason McClenahan, President and CEO of E INC. ![]() This acquisition supports the launch of the EBlock platform in the U.S. ![]() “The acquisition of Louisiana’s 1st Choice is another example of us executing our land-meets-technology strategy. LAFCAA is a 34-acre top-tier auction facility located in Hammond, Louisiana, 60 miles north of New Orleans. d/b/a E INC (TSX: EINC) (the "Company" or "E INC") and sub-brand, EBlock, announced today that it has acquired Louisiana's 1st Choice Auto Auction (LAFCAA), an independent auction marketplace that has historically transacted over 15,000 vehicles annually. footprint along Gulf Coast, building the connection from the western territory to the south-central region. Leading dealer-to-dealer digital automotive auction expands U.S. *Data provided by National Research Group’s customer brand health tracker among 100 Canadian dealers. Rooted in four decades of industry expertise, the world’s leading marketers turn to us for insights into growth and strategy for any content, anywhere, on any device. National Research Group (NRG) is a leading global insights and strategy firm at the intersection of entertainment and technology. With set auction times, run lists, and cars bought and sold in 60-seconds, EBlock’s digital platform simulates the physical auction environment with a powerful end-to-end experience in a completely digital format. Knowing that they’re customer-service driven makes doing business with them a no-brainer.”ĮBlock, an E INC brand, provides a real-time dealer-to-dealer digital auction empowering today’s most innovative dealerships and wholesalers to buy and sell inventory in less time. They also listen to their customers, creating a digital auction environment that works with a dealerships’ busy schedule. “They are industry experts and often bring insight into how we can better approach our wholesale strategy. “What’s nice about doing business with EBlock is that they are laser-focused on doing the right thing for the customer,” said David Colquitt of Campbell Ford Sales. The results from the National Research Group survey also placed EBlock as the clear leader in offering proactive account management. With a run list available 24 hours in advance and a set starting time, dealers can plan ahead to make the most of their time and their investment. With this change, our customers can continue to buy and sell inventory on our best-in-class platform, while getting back to a better work-life balance.”ĮBlock’s Eastern Canada Live Auction features thousands of units running in virtual lanes every Tuesday, Wednesday, and Thursday. Due to the volume of consignment, our 1:30 Eastern Auction was running into the precious evening hours. Moving our Eastern Canada Live Auction from a 1:30pm start time to 10:30am is an example of delivering on both of those values. “And we pride ourselves on great customer service and being proactive in meeting customer needs. “We understand and respect our customers' time,” said Lisa Scott, Chief Revenue Officer at EBlock. FASTLANE AUTO AUCTION DRIVERThat value was a key driver in EBlock’s decision to move its Eastern Canada Live Auction to summer hours beginning in July. ![]() In this survey of 100 dealers across Canada, EBlock emerged as the clear leader amongst digital auction providers in allowing dealers to bid and buy on their own schedule*, surpassing the next highest auction provider by 17 percentage points. The result of this philosophy, and the corresponding product development strategy, shines through in a recent survey conducted by the National Research Group. EBlock auctions have set starting and ending times to allow dealers to plan and prep around a specific schedule, avoiding the need to spend the whole day watching phones or computer screens waiting for the right listings to appear. TORONTO, ON, JEBlock’s auction platform was built by buyers and with buyers in mind, creating an experience that prioritizes dealers’ time above all else. Leading dealer-to-dealer digital automotive auction moving to summer hours in support of their mission to respect customers’ time. ![]()
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