New Impact Toronto On-target For October Opening

Impact Auto Auctions is pleased to announce the opening date for the new Impact Toronto facility located at 535 Wentworth Street in Oshawa, Ontario. The new location will be open and accepting assignments on October 9, 2012 with auction sales beginning in mid-November. Auction sale dates will be announced in the near future.

“All of us at Impact are excited to be wrapping up construction and opening the doors on this fabulous facility,” stated Terry Daniels, Impact’s Managing Director. “After years of searching, months of construction, and countless hours of effort by many in our organization, we are thrilled to bring this state-of-the-art auction centre to our Toronto area customers.”

While new assignments will be directed to the Oshawa location as of October 9th, auction sales of existing inventory will continue in Stouffville until mid-November. Impact’s sales team will contact customers directly in the coming days with a detailed transition plan and tentative auction schedule for both the Oshawa and Stouffville locations.

The company has also announced plans to celebrate Impact Stouffville, including the employees and customers who have been instrumental to its success over the past 25 years. Impact will commemorate its history in Stouffville with a number of promotions and special events beginning in October and running through the final sale in November.

The new Impact Toronto location features 37 acres of vehicle storage as well as a 12,000 sq. ft. office, auction, and inspection building. The facility will increase Impact’s GTA storage capacity by 60% to 5,500 vehicles. The site also features office and training space for insurance appraisers, plus an enhanced Early Tow and Appraisal (ETA) area.

Customers are encouraged to visit www.impactauto.ca for further details.

About Impact Auto Auctions

Impact Auto Auctions is Canada’s leading automotive salvage management company with 14 locations in British Columbia, Alberta, Ontario, Quebec and Atlantic Canada. Impact’s industry-leading LiveBlock hybrid auction model provides buyers with the choice of bidding online or in person, and maximizes competition for its P&C, fleet, and rental customers. Impact’s national service offering allows sellers to standardize processes across the country, and provides buyers with Canada’s most extensive selection of salvage vehicles.

Impact operates as a division of Insurance Auto Auctions (IAA), and is a wholly-owned subsidiary of KAR Auction Services, Inc. (NYSE:KAR).

IMPACT AUTO AUCTIONS: tel: (905) 896-9727 – www.impactauto.ca

50 Burnhamthorpe Rd W, Mississauga, ON L5B 3C2