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TradeRev Adds Features to Mobile App

TradeRev Adds Features to Mobile App

The new integrations are meant to enable greater access to trades, increase buyer confidence, and improve the dealer experience end-to-end, the company stated.

July 10, 2019

IAA Appoints Board of Directors

Following its separation from KAR Auction Services, Insurance Auto Auctions (IAA) has announced the members of its board of directors.

July 8, 2019

KAR Completes Salvage Business Separation
PAR Names New Sales Executive

PAR Names New Sales Executive

Drew Shull has been appointed as VP of sales and client experience, an appointment which aims to help create new client relationships and foster PAR's existing customer base.

June 27, 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

KAR to Spin Off Salvage Business Unit

KAR to Spin Off Salvage Business Unit

KAR Auction Services Inc.'s board of directors has formally approved the separation of its salvage auction business Insurance Auto Auctions.

June 6, 2019

KAR Joins Mobility Focused Consortium

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.

May 30, 2019

The Changing Sedan Remarketing Landscape

The Changing Sedan Remarketing Landscape

Sedan wholesale values are expected to improve as more SUVs and crossovers return to the used market. Meanwhile, SUV and crossover wholesale values are beginning to decline

May 23, 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