KAR Global is halting physical sale operations across North America at all ADESA locations, and includes Simulcast-only sales for at least the next two weeks.
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KAR Global is immediately transitioning to Simulcast-only sales at all U.S. and Canada ADESA auction locations until further notice as the coronavirus pandemic continues to evolve, according to KAR Auction Services.
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Tom Caruso is retiring from KAR Global after more than 40 years in the remarketing industry.
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KAR Global has promoted Lisa Price, who served as the company’s executive vice president of human resources to chief people officer.
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ADESA UK won the IT Innovation Award at the 2019 GreenFleet Awards for its Intelligent Vehicle Inspection solution.
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Recovery Database Network and Clearplan — two business units of Kar Global — have made enhancements to their respective platforms.
Read More →The values of vehicles sold at ADESA auctions from fleet consignors fell 0.6% to $13,309 in October but remain 2.4% higher from a year ago, according to Tom Kontos, KAR Global's chief economist.
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KAR Global's Openlane digital marketplace has given $10,000 in donations to two organizations and will launch an employee engagement initiative in 2020 to support coding education in Canada, the business unit has announced.
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TradeRev cut down vehicle delivery times by nearly 50% in the first half of 2019. The company is now on pace to deliver cars within 100 miles in two days
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The value of former fleet vehicles sold at physical auctions and through other wholesale channels fell 1.6% in September compared to August but were 0.9% higher than a year ago, according to commentary by KAR Global's chief economist.
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