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NewsApril 2, 2018

Alliance Auto Auction Partners with Floorplan Xpress

Alliance Auto Auction's Dealers Credit Express has partnered with Floorplan Xpress in order to enhance the footprint of both companies, according to a company announcement.

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NewsMarch 28, 2018

Southeastern Auto Auction of Savannah Raises Over $10K for Charity

Southeastern Auto Auction of Savannah recently concluded its fourth annual “Cars, Cash & Caring” event, where it raised over $10,000 for Shriners Hospital for Children.

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NewsMarch 21, 2018

ADESA Appoints Executive Sales Director

In this new role, Gil Hyder will manager ADESA commercial client relationships and lead commercial client efforts for physical auction and upstream remarketing services, along with other related products and services available across the KAR group of companies.

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NewsMarch 9, 2018

Copart Acquires Finnish Salvage Auction AVK

Salvage auction specialist Copart has acquired Autovahinkokeskus Oy, a salvage auto auction company based in Finland, the company announced.

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NewsMarch 7, 2018

2018 Remarketer and Consignor of the Year Named

Tom Caruso, executive vice president at KAR Auction Services received the 2018 Remarketer of the Year Award at the 2018 Conference of Automotive Remarketing. Jeannie Chiaromonte, VP, national remarketing manager at Bank of America received the 2018 Consignor of the Year Award.

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NewsMarch 7, 2018

KAR’s CEO Earns Ed Bobit Industry Icon Award

Jim Hallett, CEO and Chairman for KAR Auction Services, accepted the Ed Bobit Industry Icon award at a March 6 ceremony at the Conference of Automotive Remarketing (CAR) for his contribution to the industry.

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NewsFebruary 27, 2018

KAR Spins Off Insurance Auto Auctions

KAR Auction Services, Inc. will spin off its Insurance Auto Auctions (IAA) salvage auction business unit as a publicly traded company to give its leaders greater independence, according to a company announcement.

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NewsFebruary 23, 2018

TPC Adds Michigan Auction to Client List

FastLane Auto Exchange, located in Mount Morris, Mich., is a dealer-only consignment auction that has been operating for over 40 years. Greg Price, a former member of the executive team at Flint Auto Auction, recently purchased the auction.

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NewsFebruary 23, 2018

ServNet Celebrates 30th Anniversary

The company was founded by eight independent auction owners who developed the idea of forming a cooperative marketing network that would share ideas and promote their auctions on a national level.

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NewsFebruary 22, 2018

KAR Auction Names C-Level Pair at ADESA

The company has appointed Paul Lips to the newly created position of chief commercial officer or ADESA, while Srisu Subrahmanyam will transition from his position at KAR and join ADESA senior management as its chief operating officer.

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