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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

Used Fleet Vehicle Values Rise 2.3% in March

Used Fleet Vehicle Values Rise 2.3% in March

The spring / tax season market uptick helped make March a strong month for used vehicle sales, and late-model sedans from fleet leasing consignors continue to outperform their SUV/CUV counterparts, according to Tom Kontos, KAR's chief economist.

April 15, 2019

IAA Opens Fourth South Carolina Location

IAA Opens Fourth South Carolina Location

Insurance Auto Auctions, Inc. has opened IAA Lexington, its fourth location in South Carolina, in order to accommodate its newly expanded customer volume needs.

April 10, 2019

Spring Bounce Overrides Slow Tax Season at Auctions
IAA Expands Footprint at 5 Locations

IAA Expands Footprint at 5 Locations

Expanded auction facilities are based in Huntsville, Alabama; Little Rock, Arkansas; Minneapolis/St. Paul; Long Island, New York City; and Houston.

April 3, 2019

Insurance Auto Auctions Invests in Innovation Hub

Insurance Auto Auctions, Inc. will set up an innovation hub in a partnership with technology incubator 1871 called IAA Engine House that will serve as an idea-generation and development center for the company.

March 27, 2019

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

ADESA Launches Live Digital Auction Marketplace
Used Fleet Vehicle Values Rise 1.9% in January

Used Fleet Vehicle Values Rise 1.9% in January

The average sale price for used vehicles from fleet leasing consignors increased 1.9% to $12,706 in January from the prior month and 3.9% from January of 2018, according to Tom Kontos, KAR's chief economist.

February 14, 2019

KAR Expands Global Reach with Online Wholesaler Acquisition
GM Sells 15 Millionth Vehicle on Upstream Platform
KAR Hires VP for Recovery Database Network

KAR Hires VP for Recovery Database Network

KAR Auction Services has hired John Sibbitt as vice president of business development for its Recovery Database Network, which provides banks and credit unions with software and data solutions to manage repossession and the disposition value chain, KAR has announced.

January 11, 2019