Mutual Trading Co., Ltd.https://www.sogocorporation.com/english/ (Koto-ku, Tokyo; President: Naka Inamura), which manages construction machinery auctions, has signed a business alliance with iAuc https://www.iauc.co.jp/ (Chiyoda-ku, Tokyo; President: Tadashi Yukawa) to act as a bidding agent. As a result, the Unreserved Parade Auction and Internet Auction sponsored by Mutual Trading will be connected to the Internet system "Web i-Auc" operated by iAuc as a new venue from September 8th 2022.
For mutual commerce, an Unreserved Parade Auction is held five times a year in Sanmu City, Chiba Prefecture, twice a year in Hakata City, Fukuoka Prefecture, and twice a year in Tomakomai City, Hokkaido. In the Unreserved Parade Auction, 4,000 vehicles are exhibited annually, which is the largest number in the industry, and an Internet auction is held every week, in which exhibitors can also exhibit their videos.
In addition, the company is strengthening the system environment so that buyers who cannot visit the venue due to the refraining from going out due to the corona disaster, lockdowns and immigration restrictions in other countries can participate in online auctions. Mutual Trading commented on this business alliance, "There are also buyers in the automobile industry who are looking for construction machinery. iAuc is connected to 112 auction sites in Japan and provides information on about 5 million vehicles being exhibited each year. In addition, 11 By connecting with the market, we always post a shared inventory of more than 100,000 units and have about 17,000 members.By connecting with iAuc, more buyers can see construction machinery.
Sogo Construction machinery auction
I-AUC -auction platform
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