Shannons is widely known as both an insurer and an auction house, but it’s dropping one of those businesses.
The company has confirmed it will end its auction business in Australia after four decades.
Shannons will continue to provide insurance as a subsidiary of Suncorp.
“The car auction landscape in Australia has changed significantly in recent years with an increasing number of competitors offering frequent and low-cost online auctions to keep up with customer demand in…
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