7 Jul 2009

Turners, IAG renew deal

10:35 pm on 7 July 2009

Tuners Auctions has renewed a three-year contract with the country's largest general insurer IAG.

The agreement covers the management and disposal of written-off vehicles, trucks, personal property, plant and machinery.

IAG expects to sell 12,000 to 13,000 vehicles and assets a year under the deal in which it consigns the vehicles to Turners which sells them at its 'damaged' auctions.