Auction company plans fast track growth.(expo spotlight)(National Power Auctions)

Powersports Business, March, 2005 by Delmont, Joe

INDIANAPOLIS -- Selling repossessed motorcycles doesn't sound like much of a business, unless, of course, you build it into a national operation, buy out your major competitor, service most of the major finance companies, add consignment service for dealers, and toss in web-based bidding capability.

Then, perhaps, you have something worth talking about. And that, in a nutshell, is what National Power Auctions (NPA), based in San Diego, Calif., is all about.

Justyn Amstutz, NPA's newly-minted executive vice president of sales, is one of a handful of hires added to the corporate team recently.

WEB-BASED AUCTION BIDDING

One of the 21st Century innovations NPA is developing is a "simulcast auction," slated to be offered this month....

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