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The company will start a national search to succeed Treasurer and VP of investor relations Mike Eliason.
https://www.automotive-fleet.com/10216690/openlane-financial-exec-plans-to-retire-as-successor-sought
The consolidated digital platform will simplify buying and selling while expanding reach and access for customers.
https://www.automotive-fleet.com/10210836/openlane-combines-backlotcars-off-lease-vehicles-into-new-marketplace
Openlane will serve as both the parent company brand and the market brand for the company’s digital marketplaces in the U.S., Canada and Europe.
https://www.automotive-fleet.com/10198471/auction-services-provider-kar-rebrands-as-openlane
The renaming caps an evolving strategy for consolidating online and digital auction marketplaces into a more streamlined whole that speeds up vehicle...
https://www.automotive-fleet.com/10198100/kar-global-rebrands-as-openlane
Hallett served in an active 25-year career with KAR Global but he will still keep his seat on the company's board of directors.
https://www.automotive-fleet.com/10195765/kar-global-announces-retirement-of-executive-chairman-jim-hallett
The new digital integration expands and simplifies access to used vehicles for buyers and sellers.
https://www.automotive-fleet.com/10191031/backlotcars-carwave-create-live-24-7-auction-marketplace
The digital auction company is collaborating with Thoughtworks to expand capabilities, accuracy and transparency.
https://www.automotive-fleet.com/10172850/kar-global-launches-enhanced-condition-reports-for-backlotcars
Used vehicle marketplace KAR Global has now sold all of its ADESA U.S. physical auction business to Carvana. KAR will continue to operate its online auction...
https://www.automotive-fleet.com/10170259/kar-global-completes-sale-of-adesa-to-carvana
TradeRev chooses one of its co-founders who brings deep experience in the retail and wholesale sides of the automotive marketplace.
https://www.automotive-fleet.com/10168315/canadian-online-vehicle-wholesaler-for-dealers-names-new-president
KAR will shed debt and can concentrate on digital sales, while Carvana gains access to more cars and dealer relationships. But questions remain.
https://www.automotive-fleet.com/10162479/how-will-adesa-sale-to-carvana-reshape-remarketing-industry