KAR Auction Services has acquired Flint Auto Auction, a whole car auction facility in Flint, Mich., which will now operate as ADESA Flint.
KAR Auction Services has acquired Flint Auto Auction, a whole car auction facility in Flint, Mich., and will operate the business as ADESA Flint.
The auction, which is located northwest of the Detroit metropolitan area, is a fully automated, eight-lane auction on 60 acres of land. The site also includes full-service reconditioning facilities, including a body shop and mechanical shop, according to KAR Auction Services.
ADESA Flint is KAR's sixth location in Michigan.
"Fortifying KAR's presence in the epicenter of the U.S. automotive industry has been a long-term strategic priority," said Jim Hallett, CEO and chairman of KAR Auction Services. "ADESA Flint enhances KAR's end-to-end remarketing platform in Detroit and positions us to accelerate growth in the very dynamic Midwest marketplace."
Lawrence Cubitt will remain as general manager and additional members of the auction team will maintain key leadership roles. The auction hosts factory, fleet, and dealer sales each Wednesday and has received multiple industry recognitions based on service and performance, according to the company.
"Flint Auto Auction has a successful 63-year history serving customers in Michigan, Ohio, Indiana, Illinois, and beyond," said Stéphane St-Hilaire, CEO and president. "By integrating ADESA's technology solutions and complementary online, digital and mobile capabilities, we will empower those buyers and sellers and simplify their auction experience."
The auction has recently been awarded the SmartAuction Mid-Stream Auction of the Year award for Ally Financial, according to KAR Auction Services. U.S. Bank honored the auction with its Director's Award for 2013, and it was named auction of the year for General Motors in 2007 and 2008.
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