Categories: Associations, Auctions, Operations, Remarketing, Small Fleet

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.worktruckonline.com/10195765/kar-global-announces-retirement-of-executive-chairman-jim-hallett

Categories: Auctions, Operations, Remarketing

The agreement is closely aligned with KAR’s digital strategy, and will allow KAR to focus on its portfolio of digital marketplaces.

https://www.worktruckonline.com/10162160/kar-global-sells-adesa-unit-to-carvana-as-it-pursues-digital-pivot

Categories: Auctions, Operations, Remarketing, Small Fleet, Used Vehicle Values

KAR expects to be immediately profitable across its North American dealer-to-dealer platforms while enhancing its position in the highly fragmented...

https://www.worktruckonline.com/10150269/kar-carwave-deal-to-expand-online-marketplace

Categories: Auctions, Operations, Remarketing, Small Fleet

Velocicast technology fortifies simulcast capabilities and enhances customer experience.

https://www.worktruckonline.com/10142896/kar-global-acquires-auction-frontier-to-expand-digital-marketplaces

Categories: Global Fleet, Operations, Remarketing

Tom Caruso is retiring from KAR Global after more than 40 years in the remarketing industry.

https://www.worktruckonline.com/352441/kar-globals-tom-caruso-set-to-retire

Categories: Fleet, Remarketing, Small Fleet

Vehicles from fleet consignors followed the broader used-vehicle market downward in September, as wholesale prices struggled to keep up with last year's...

https://www.worktruckonline.com/317058/used-fleet-vehicle-values-fall-1-6-in-september

Categories: Fleet, Remarketing, Small Fleet, Used Vehicle Values

The average value of used fleet vehicles increased 1.5% in August from the prior month and are now up 8.5% from a year ago, according to Tom Kontos, KAR...

https://www.worktruckonline.com/313928/used-fleet-vehicle-values-increase-1-5-in-august

Categories: Fleet, Remarketing, Small Fleet

Vehicles that were taken out of commercial, government, and daily rental fleets and sold at auction in July were worth 8.1% more than they were a year ago...

https://www.worktruckonline.com/310765/consigned-fleet-vehicles-worth-8-1-more-than-last-year

Categories: Fleet, Remarketing, Small Fleet

Off-lease fleet vehicles sold in the wholesale market at auction fell 1% in value in June from the prior month but increased 7% from a year ago, according...

https://www.worktruckonline.com/306830/wholesale-fleet-vehicle-values-fall-1-in-june

Categories: Operations, Remarketing, Used Vehicle Values

Three-year-old full-size vans retained the most value among trucks, vans, and SUVs in the wholesale used vehicle market, according to Tom Kontos, KAR...

https://www.worktruckonline.com/279448/full-size-vans-holding-resale-value