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Categories: Operations
KAR Invests $15M in TradeRev

KAR Auction Services has extended up to $15 million in credit to Toronto-based Nth Gen Software to expand TradeRev, an online dealer-to-dealer auction...

https://www.vehicleremarket.com/139556/kar-invests-15m-in-traderev
Categories: Operations

Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services, has announced that it will be expanding into the Arkansas, Idaho, Indiana,...

https://www.vehicleremarket.com/139404/insurance-auto-auctions-expands-into-seven-states
Categories: Operations

Howse brings more than 30 years of automotive industry leadership to the role, which will focus on developing customer solutions that integrate KAR’s...

https://www.vehicleremarket.com/139314/richard-howse-joins-kar-auction-services-as-cco
Categories: Operations
January Wholesale Prices Rise 6.7% YOY

Wholesale used vehicle prices in January averaged $10,945, a 6.7% year-over-year increase and 2.8% month-over-month rise, according to ADESA Analytical...

https://www.vehicleremarket.com/139264/january-wholesale-prices-rise-6-7-yoy
Categories: Operations
ADESA Faced 'Challenging' Fourth Quarter

ADESA faced a “challenging” fourth quarter in 2016, CEO of KAR Auction Services Jim Hallet said during the company’s fourth quarter earnings call.

https://www.vehicleremarket.com/139172/adesa-faced-challenging-fourth-quarter
Categories: Operations
KAR to Invest Up to $25M in Online Sales Platform

KAR Auction Services will invest between $20 million and $25 million over the next three years to redesign and enhance its online sales platform in a...

https://www.vehicleremarket.com/139171/kar-to-invest-up-to-25m-in-online-sales-platform
Categories: Operations, Rental Operations
December Wholesale Prices Fall, Up 3.9% YOY

Wholesale used vehicle prices in December averaged $10,642, which was essentially flat from the month before but a 3.9% increase over the same period in...

https://www.autorentalnews.com/138605/december-wholesale-prices-fall-up-3-9-yoy
Categories: Operations, Rental Operations
December Wholesale Prices Fall, Up 3.9% YOY

Wholesale used vehicle prices in December averaged $10,642, which was essentially flat from the month before but a 3.9% increase over the same period in...

https://www.vehicleremarket.com/138605/december-wholesale-prices-fall-up-3-9-yoy
Categories: Operations
Automotive Finance Corp. Expands Leadership Team

Automotive Finance Corp. has promoted Joe Keadle to COO as well as created a new position for Paul Kramarz, who has joined the company as senior vice...

https://www.vehicleremarket.com/138576/automotive-finance-corp-expands-leadership-team
Categories: Operations

KAR Auction Services, Inc. raised $242,884 for the United Way of Central Indiana (UWCI) during the company’s annual fundraising campaign.

https://www.vehicleremarket.com/138305/kar-raises-funds-for-united-way


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