Named ADESA Chicago, the site will give KAR a strong local presence in the nation’s third largest metropolitan area.
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CPS (Consumer Portfolio Services) announced their 2014 top performing auctions through its Auction Performance Program at the CAR conference in Las Vegas on March 18.
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NextGear Capital, a Cox Automotive company, announced two additions to its leadership team: VP of Technology and VP of Development.
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Enhancements include watch list improvements, a specialty search page, and trim level search capabilities.
Read More →Backed by strong consumer demand, the used-car market enjoyed a solid start to 2015 as wholesale used vehicle prices in the first quarter rose 1.3 percent from a year ago and 1.6 percent compared to the fourth quarter of 2014.
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Used vehicles in the 2009-2013 model years fell 0.7 percent in value in March in a market bolstered by tax buying season and strong residual values of full-size vans, according to Black Book.
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Carmel, Ind.-based KAR Auction Services, Inc., a provider of used vehicle auction services, announced that Michelle Kaiser Bray has joined KAR legal team as vice president, intellectual property and technology counsel.
Read More →With this agreement, PCNA will use two key modules within the Actuos platform to better manage off-lease vehicle pricing, listings, grounding, facilitate multiple sales transactions via the new digital sales platform, as well as enhanced reporting and visibility to its entire vehicle portfolio.
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The inaugural Cox Automotive Training Fair was designed to educate customers and share the benefits of each company, including Manheim, Autotrader, ExportTrader, Kelley Blue Book, NextGear Capital, Ready Auto Transport, and many more.
Read More →ADESA, a business unit of KAR Auction Services, announced that Jason McClenahan will now serve as general manager at ADESA Ottawa.
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