ADESA Canada has promoted its former senior director of business development, Steve Langdon, to vice president of dealer sales, according to a company announcement.
Read More →Matt Itami will serve as the general manager of ADESA Chicago, while Cheryl Toler will serve as the general manager of ADESA Fresno.
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U.S. Bank has awarded ADESA Dallas with its Lease Return Segment Auction of the Year award, the bank has announced.
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Prices for vehicles from fleet lease consignors increased 6.6% in March and are 4.9% higher than a year ago driven in part by a strong spring selling season that boosted the values significantly from February levels, according to KAR Auction Services.
Read More →Coates will come to Los Angeles after serving six years as general manager of ADESA San Diego. In total, Coates has over 25 years of auto remarketing industry experience.
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Three-year-old full-size vans retained the most value among trucks, vans, and SUVs in the wholesale used vehicle market, according to Tom Kontos, KAR Auction Services' chief economist.
Read More →In this new role, Gil Hyder will manager ADESA commercial client relationships and lead commercial client efforts for physical auction and upstream remarketing services, along with other related products and services available across the KAR group of companies.
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Wholesale used vehicle prices for vehicles from fleet or lease consignors increased 4.1% in January from the prior month, but fell 0.3% from the same month a year ago, according to the latest Kontos Kommentary.
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The company has appointed Paul Lips to the newly created position of chief commercial officer or ADESA, while Srisu Subrahmanyam will transition from his position at KAR and join ADESA senior management as its chief operating officer.
Read More →KAR Auction Services ADESA unit is partnering with fleet management company Emkay to raise $267,000 over six years to support JDRF, which funds type 1 diabetes research.
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