IAA launches market alliance with Lithuanian auto shipper
IAA has entered into a new market alliance with Baltic Auto Shipping to expand its reach in Lithuania.
IAA’s parent company, RB Global, said the deal increases IAA’s connectivity with the global buyer market and strengthens the auction company’s presence in Eastern Europe.
The alliance’s goal is to broaden the market share of both companies in Lithuania and surrounding countries by enabling buyers in the region to research, bid and buy vehicles more efficiently.
“IAA continues to expand our international network of auction sites with the announcement of our new market alliance in Lithuania,” IAA senior vice president of U.S. operations Scott Guenther said. “Baltic Auto Shipping has a strong reputation for customer satisfaction and we look forward to meeting the needs of our Lithuanian buyers through this collaborative relationship.”
Baltic Auto Shipping president Andrejus Presniakovas said the partnership will “help streamline the buying experience for our customers looking to import vehicles from the United States to Lithuania. In combination with IAA’s industry-leading bidding platform, we look forward to being an on-the-ground resource for customers.”