RM Auctions announced that it has purchased the Auburn Auction Park property in Auburn, Indiana, from beleaguered auctioneer Dean Kruse and will host a collector car sale at the park Labor Day Weekend.

RM president Rob Myers said to expect between 1,000-1,500 cars at the auction September 2-6, which will be hosted by an all-new RM subsidiary called Auctions America by RM. According to Myers, there will be some upgrades made to the park's facilities in preparation for another Auctions America collector-car auction in the spring, the specifics of which have yet to be announced.

RM Auctions