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George Chamoun

Chief Executive Officer, Acv Auctions

Search every verified George Chamoun interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. George Chamoun, CEO of ACV Auctions, has discussed the normalization of used car prices in recent interviews, noting that values have declined over the past couple of years due to affordability challenges and the return of new vehicle supply and lease incentives. He said consumer expectations need to moderate and that dealers are using ACV's platform to match vehicle condition with appropriate markets, with cars often traveling 400 to 500 miles between transactions. Chamoun also highlighted that the average age of vehicles on the road is 11 years, the highest ever recorded, which he described as a significant factor for everyday consumers. In earlier appearances, Chamoun discussed the auto industry's recovery from chip shortages, stating that January new car sales appeared to be up year-over-year and that supply chain problems were starting to ease. He also emphasized the shift toward digital retailing, saying that dealers who embrace technology and transparency are better positioned, while those fixed on old methods may struggle. Chamoun has described ACV's growth, including selling over 19,000 vehicles per month and having more than 2,000 dealers selling and 6,000 dealers bidding on the platform, and has outlined the company's focus on providing trusted condition reports and supporting dealers with services like transportation and capital.

Recent appearances

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