CHAMPAIGN, IL., July 6, 2022 APFusion, Inc., the leading automotive B2B marketplace and SaaS company focused on modernizing the auto salvage industry, announced today that they have secured $6.5 million in series seed financing bringing the company’s total financing to $7 million. The round was co-led by Left Lane Capital and Bedrock Capital, with continued support from their existing investor, M25. APFusion first set out to build a B2B marketplace connecting new aftermarket parts providers with salvage yards, giving salvage yards that primarily sold used inventory unparalleled access to new i ..read more

ToolBox® offers Auto Recycler B2B Marketing Opportunity! Are you looking to build your business relationships with other quality automotive recyclers or to boost your company’s industry image? Here is a great opportunity to expand your reach. The Auto Recyclers ToolBox® now offers regionally-driven advertising from professional auto recyclers to market and grow their B2B sales. There are four regions, and your company can be in as many regions as you want to reach. The ToolBox® reaches most of the industry, which provides a comprehensive way to get exposure with your participation in ..read more

FAQ – Are you still paying a Bounty on Honda airbags? I’m not getting as many hits on my Honda’s. Since the RAS Airbag Recovery program began, the Automakers have frequently added and redacted VIN’s from our database. The primary reason for redactions is that the vehicle has been repaired so the automaker is able to eliminate the VIN from recall. With the Takata airbag recall, many of the original airbags were replaced with a like-kind airbag, in essence, a newer version of the defective unit. The reason for this was when the Recall began, and the automakers could not produce the new “non-Tak ..read more

New auction buying solution, exactbids launches into the Australian and New Zealand market today, improving the way automotive recyclers do business. The most important job in an auto recycling business is buying salvage, but for many small businesses, the process is a real headache. It’s time consuming and overwhelming trying to find the right cars, not to mention pricing them. Even a good buyer will usually need to price up 100 cars to buy up to 10 at the right price. This is a full time job for the highest paid employee or even the owner of the business.  According to Chad Counselman ..read more