Tagged KAR Auction Services

ADESA Locations Raise $250K for Diabetes Research

ADESA has raised more than $1 million for Type 1 diabetes (T1D) research through a partnership with the Ford Global Action Team in support of JDRF, an organization with a mission to discover, develop, and deliver advances to cure, better treat, and prevent T1D.

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TradeRev Launching New Updates to Mobile App

TradeRev has released an update to its mobile app that will leverage KAR Auction Services, Inc. in order to bring a host of new features to its mobile platform, according to a company announcement.

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KAR Donating $250,000 to Indiana Non-Profit

KAR Auction Services, Inc. has committed $250,000 to City Life Wheels of Central Indiana, a non-profit that uses donated vehicles to teach Indianapolis youth basic auto maintenance and repair skills, according to a company announcement.

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Clauss Assumes NAAA Presidency

The National Auto Auction Association (NAAA) has named Warren Clauss as president for the 2017-2018 term. Clauss assumed the post during the association's 69th annual convention in La Quinta, Calif. earlier this month.

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Fleet Lease Consignor Prices Fall 1.6%

Wholesale prices for fleet lease consignor vehicles fell 1.6% in October from the prior month and 4.5% higher than a year ago, Tom Kontos said in his monthly commentary.

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ADESA Appoints GM in Dallas

ADESA has appointed Allan Wilwayco as the new general manager of its Dallas operation. Wilwayco, who comes from Manheim, will lead the day-to-day business operations of one of the largest ADESA sale facilities in the country.

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Fleet Lease Consignor Prices Advancing Steadily

Average wholesale prices for used fleet lease vehicles increased 0.2% in September from the prior month and 3.6% from the prior year in a market that was bolstered by dealer demand in hurricane-stricken regions, according to Tom Kontos, KAR Auction Services' chief economist.

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TradeRev Names Two to Executive Roles

KAR Auction Services' TradeRev has named several associates to executive roles and expanded the responsibilities of Keith Crerar, executive vice president, the company has announced.

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KAR Acquires Remainder of TradeRev

KAR Auction Services, Inc. has acquired the remaining 50% stake in TradeRev, a mobile app and desktop solution that facilitates real-time dealer-to-dealer vehicle auctions, for $50 million in cash and an additional $75 million over the next four years contingent on certain terms and conditions, according to a company announcement.

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Fleet Lease Consignor Prices Climb Higher

Fleet lease consignor prices moved higher in August, increasing 1.4% over July and 2.3% through the first eight months of the year compared with 2016, according to the Sept. 20 Kontos Kommentary.

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