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Used Fleet Vehicle Values Fall 2% in June

Used Fleet Vehicle Values Fall 2% in June

The average value of used fleet vehicles increased 1.5% to $13,758 in June from May, but remain 4.3% higher than a year ago, according to KAR Auction Services' ADESA unit.

July 17, 2019

KAR Rebrands Recently Acquired European Digital Auction Company
Used Fleet Vehicles Increase 2% in May

Used Fleet Vehicles Increase 2% in May

Used vehicles from fleet consignors in ADESA sales increased 2% in May to $14,043 and were 5.5% above a year ago, according to monthly commentary from Tom Kontos, chief economist for KAR Auction Services.

June 19, 2019

Used Fleet Vehicles Increase 4.3% in April

Used Fleet Vehicles Increase 4.3% in April

Used vehicles from fleet consignors in ADESA sales increased 4.3% to $13,771 in April compared to March, and were up 4.4% from a year ago, according to monthly commentary from Tom Kontos.

May 23, 2019

ADESA Names GMs in Iowa, Utah

Kevin Stumm will serve as the general manager of ADESA Des Moines while Jeff Brinkley will serve as GM of ADESA Salt Lake.

May 16, 2019

Safety and Commercial Consignor Demand Drove Launch of VirtuaLane
KAR's Earnings Show Digital Sales Growth

KAR's Earnings Show Digital Sales Growth

KAR Auction Services' ADESA business unit sold 367,000 vehicles through a digital channel in the first quarter of 2019, an increase of 58,000 year-over-year.

May 8, 2019

The Evolution of KAR Auction Services' Safety Program
ADESA Mexico City Opens Relocated Facility
ADESA Replaces LiveBlock with Simulcast

ADESA Replaces LiveBlock with Simulcast

ADESA is replacing its LiveBlock service with ADESA Simulcast, giving its customers an expanded method of joining live sales online, the company announced.

April 16, 2019

Westlake Announces Remarketing Awards

Westlake Financial Services has selected America's Auto Auction Harrisburg as its auction of the year and named five auctions that were the top in their regions in 2018.

March 25, 2019

ADESA Buffalo Earns Ford Auction Service Award Program Awards
February Used Fleet Values Outpaced Rest of Market

February Used Fleet Values Outpaced Rest of Market

The average sale price for used vehicles from fleet leasing consignors continued to outpace vehicles cosigned to auction by manufacturers and dealers in February, according to Tom Kontos, KAR's chief economist.

March 14, 2019