The rebranding will extend the KAR family of companies' international name recognition and reputation to Continental Europe, the company stated.
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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.
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KAR Auction Services Inc. has introduced a data-driven pricing tool called Pricing Insights designed to help fleet and other commercial consignors optimize pricing on wholesale vehicles.
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KAR Auction Services Inc.'s board of directors has formally approved the separation of its salvage auction business Insurance Auto Auctions.
Read More →The new interface offers buyers the ability to create a customizable bidding experience meant to simplify the vehicle purchasing process.
Read More →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.
Read More →ADESA has made it easier and faster to find vehicles on its website through its new natural language search functionality, the company announced.
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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
Read More →ADESA named the general manager of ADESA Mobile Auctions and the national manager of ADESA UVA.
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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.
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