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NewsJanuary 28, 2015

ADESA Introduces ADESA Assurance: 30-Day Buyback Guarantee

The program offers a no-questions-asked return guarantee on selected one-owner, off-lease vehicles sold on ADESA DealerBlock.

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NewsJanuary 22, 2015

KAR Names Jim Hallett Chairman of the Board

Carmel, Ind.-based KAR Auction Services, Inc., a provider of used vehicle auction services, has announced the appointment of Chief Executive Officer Jim Hallett as chairman of the board of directors.

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NewsDecember 18, 2014

ADESA Dallas Names New Fleet/Lease Manager

Ronna Webb was named fleet/lease manager at ADESA Dallas. In this new role, Webb will be responsible for start-to-finish processing of a high-volume commercial portfolio.

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NewsNovember 26, 2014

PAR North America Receives TD Auto Finance Award

The company was the segment leader in key performance areas including repossession rate, time to repossession from placement, accuracy, and resolution rate.

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NewsNovember 18, 2014

Wholesale Used-Vehicle Prices Up 1.3 Percent

Wholesale used-vehicle prices in October averaged $9,678 - up 1.3 percent compared to September and up 0.9 percent year-over-year.

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NewsNovember 17, 2014

ADESA Changes Management at 2 Locations

ADESA, a business unit of KAR Auction Services, announced changes to its auction management teams at ADESA Atlanta and ADESA Phoenix.

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NewsOctober 17, 2014

Wholesale Prices Soften for Fifth Consecutive Month

Wholesale used-vehicle prices in September averaged $9,557 -- down 0.4 percent compared to August.

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NewsOctober 3, 2014

ADESA Announces Updated DealerBlock Fee Structure

ADESA, a business unit of KAR Auction Services, announced a new fee structure for vehicles purchased in open sales on DealerBlock, the company’s online marketplace.

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NewsSeptember 17, 2014

ADESA Announces Recovery Database Network Management Changes

ADESA, a business unit of KAR Auction Services, announced management changes at the company’s subsidiary, Recovery Database Network (RDN). Zach Hallowell has been promoted to president of the organization.

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NewsSeptember 12, 2014

First Time Wholesale Prices Down Year-Over-Year Since January

Wholesale used-vehicle prices in August averaged $9,592 -- down 1.6 percent compared to July, and down 0.4 percent relative to August 2013.

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