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The industry has various names for its business outlets including wrecking yard, auto dismantling yard, car spare parts supplier, and recently, auto or vehicle recycling. Vehicle recycling has always occurred to some degree but in recent years manufacturers have become involved in the process.
At the salvage yard, the automobiles are typically arranged in rows, often stacked on top of one another. Some yards keep inventories in their offices, listing the usable parts in each car, as well as the car's location in the yard. Many yards have computerized inventory systems. About 75% of a vehicle can be recycled and used for other purposes.
That acquisition attempt was discontinued in April 2022. In March 2023, Ritchie Bros. completed the acquisition of U.S. auto retailer IAA Inc. in a stock and cash deal worth $7 billion. [14] [15] It was announced in May 2023 a new name for the parent company, RB Global. [16]
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The 309th Aerospace Maintenance and Regeneration Group (309th AMARG), [3] often called The Boneyard, is a United States Air Force aircraft and missile storage and maintenance facility in Tucson, Arizona, located on Davis–Monthan Air Force Base.
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