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NewsAugust 6, 2014

ADESA Acquires 50 Percent of TradeRev

KAR Auction Services, Inc., a provider of used-vehicle auction services, announced that its business unit ADESA has acquired a 50 percent stake in Toronto-based Nth Gen Software Inc. and its online vehicle remarketing system, TradeRev.

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NewsJuly 16, 2014

Western U.S. AFC Branches Relocate

Automotive Finance Corporation has moved four of it's locations, including AFC Albuquerque, AFC Denver, AFC San Diego, and AFC San Jose.

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NewsJune 27, 2014

KAR Auction Services Names New Vice President

Carmel, Ind.-based KAR Auction Services, Inc., a provider of used-vehicle auction services, announced the company has named Ken Garbez as vice president of operations for High Tech Locksmiths (HTL).

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NewsJune 26, 2014

AFC Expands Reach of Enhanced Commercial Truck Inventory Financing Program

AFC will advance 100 percent of a truck dealer’s auction purchases at more than 1,100 AFC-approved auctions and other inventory sources.

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NewsMay 13, 2014

ADESA Launches New Prestige Dealership Site

ADESA, a business unit of KAR Auction Services, announced the launch of a new online vehicle remarketing website for franchised dealers within the Prestige family of dealerships.

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NewsMay 2, 2014

KAR Auction Services Appoints New President of IAA

KAR Auction Services, Inc., a provider of used and salvage vehicle auction services, announced that John Kett has assumed the position of chief executive officer and president of Insurance Auto Auctions, Inc. (IAA).

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NewsMarch 28, 2014

KAR Strengthens Leadership Team

KAR Auction Services, Inc. has announced that Don Gottwald will fill the newly created position of KAR chief operating officer.

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NewsJanuary 17, 2014

Insurance Auto Auctions Announces New CEO

KAR Auction Services, Inc., announced that Tom O’Brien, chief executive officer of Insurance Auto Auctions, Inc. (IAA) and a director of KAR’s board, will step down as CEO of IAA effective April 30, 2014.

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NewsJanuary 7, 2014

KAR Auction Services Acquires High Tech Locksmiths

KAR Auction Services, Inc., announced the acquisition of Miami-based High Tech Locksmiths (HTL), which specializes in products for the automotive industry.

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NewsDecember 26, 2013

KAR Auction Services Announces New Board Members

KAR Auction Services, Inc., a provider of used-vehicle auction services, announced the appointment of three new members to its board of directors.

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