Copart Announces 15th Location in the United Kingdom
DALLAS, Feb. 24, 2017 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT), a global vehicle auction company, is excited to announce the opening of its 15th location in the United Kingdom. The Newbury location will offer a wide selection of salvage and used vehicles.
The opening of Newbury adds to Copart's strategically located network of locations across the UK, servicing a growing buyer base and adding more storage and sales capacity to meet growing demand from vehicle sellers. The increase in locations, auctions and vehicles primes Copart to provide greater convenience to all customers, which enhances and improves their experience.
"The investment in the Newbury facility has added capacity to support our current and future growth in the UK," said Nigel Paget, Chief Executive Officer – Europe. "It is the first of our facilities to be purpose built, which helps us provide exceptional service for our Members."
Copart's Newbury location has online auto auctions every Thursday at noon GMT. In addition to hosting weekly auctions, Copart.co.uk provides detailed information about each Copart location in the UK.
"Copart's continued growth in the UK is both a response to the industry's increasing volume and a reflection of our ability to meet the demands for auto remarketing services," said Vinnie Mitz, President of Copart.
Copart's patented VB3 technology links sellers to more than 750,000 Members across the globe through Copart's multi-channel online platform. Members can participate in multiple online auctions around the world simultaneously via mobile, tablet and desktop. Similarly, Copart's Mobile App gives Members an easy way to stay connected with multiple live online auctions and allows Members to place bids and view vehicles.
Globally, Copart practices good corporate citizenship through community partnerships. Whether through providing safe training environments for local law enforcement and fire departments or through donating to local charities, Copart's nearly 200 locations are proud to do their part in giving back to their communities.
Copart UK, in particular, is a proud advocate of Ben, a charity dedicated to supporting those who work, or have worked, in the automotive industry. Copart locations across the UK regularly participate in initiatives to raise funds for Ben. In addition, UPI, Copart UK's sister company in Inverkeithing, regularly supports the local fire station, providing it with end-of-life vehicles for demonstrations and open events.
To learn more about Copart UK, please visit www.copart.co.uk.
ABOUT COPART UK
Copart UK was established in 2007 and sells more than 300,000 vehicles each year through online auctions for a variety of customers including finance companies, banks, dealers, fleets, rental car companies and the insurance industry, as well as franchised, independent and wholesale motor traders.
Members can choose salvage and non-salvage vehicles including agricultural and plant, HGVs, commercial vehicles, motorcycles and more, with thousands of vehicles available to bid on each day.
ABOUT COPART
Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales using its VB3 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships and others as well as vehicles sourced from the general public. The company currently operates in the United States (www.copart.com), Canada (www.copart.ca), the United Kingdom (www.copart.co.uk), Brazil (www.copart.com.br), Germany (www.copart.de), the United Arab Emirates, Bahrain, and the Sultanate of Oman (www.copartmea.com), Spain (www.copart.es), the Republic of Ireland (www.copart.ie), and India (www.copart.in). Copart links sellers to more than 750,000 Members in more than 150 countries worldwide through its multi-channel platform. In 2015, Copart was ranked at the top of Deloitte's "The Exceptional 100" list of companies, which reviewed U.S. publicly traded companies based upon a multidimensional approach to measuring financial performance. For more information, or to become a Member, visit www.copart.com.
Contact:
Karen Langley, Marketing & Internal Communications Executive, Copart UK
[email protected]
01234 762267
Michelle Hoffman, VP of Marketing, Copart
[email protected]
SOURCE Copart, Inc.
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