Auto Industry
Industry: Email Alert RSS FeedADT, ADESA REJOIN HUNT FOR ONLINE AUCTION LINK.
Automotive News, March, 1999 by MILLER, JOE
LAS VEGAS - The auto auction industry's attempts to create an Internet link to its customers got a big boost last month when two large auction chains rejoined the effort.
ADT Automotive Inc. of Nashville, Tenn., and Adesa Corp. of Indianapolis are once again shareholders in Auto Auction Services Corp., a company established by auction owners in 1997 to create a common Internet system for the industry.
ADT and Adesa quit Auto Auction Services, which does business as AASC, in March 1998 over doubts as to whether AASC and the independent computer contractor AASC had hired could build an auction Internet system from scratch. Instead, ADT and Adesa decided to join forces and build their own system based on the existing ADT Lion system.
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