KAR Auction Services Inc. has introduced a data-driven pricing tool called Pricing Insights designed to help fleet and other commercial consignors optimize pricing on wholesale vehicles.
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KAR Auction Services Inc.'s board of directors has formally approved the separation of its salvage auction business Insurance Auto Auctions.
Read More →The new interface offers buyers the ability to create a customizable bidding experience meant to simplify the vehicle purchasing process.
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Manheim Tucson has become the company's first all-digital auction.
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Spring has come to an end, with cars declining in values greater than trucks.
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Texas Lone Star Auto Auction, an XLerate Group auction, has completed construction of a new 20,000 square foot reconditioning facility.
Read More →KAR Auction Services has joined the Mobility Open Blockchain Initiative (MOBI) Electric Vehicle Grid Integration (EVGI) working group, a consortium of smart mobility industry leaders exploring blockchain technology for use in the digital mobility ecosystem.
Read More →ADESA has made it easier and faster to find vehicles on its website through its new natural language search functionality, the company announced.
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With the exception of luxury vehicles, most vehicle segments saw stable values last week.
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Originations for car buyers and lessees with sub-620 credit scores grew 13% to $27.9 billion, accounting for 21.8% of total outstanding auto balances in the Fed's latest Household Debt and Credit report.
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