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Newsby News/Media ReleaseFebruary 13, 2025

Carvana Expands ADESA Auction Megasite

The integratIon will bring Carvana’s inspection and reconditioning center functions to the ADESA Indianapolis auction site, while maintaining digital and in-lane auction operations.

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Articlesby Martin RomjueAugust 26, 2024

Carvana CEO Survives to Tell a Comeback Tale

2024 ARA Summer Roundtable: Ernie Garcia recaps a rough two years as he leads the used retail and wholesale giant out of its darkest days.

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Articlesby Martin RomjueAugust 5, 2024

Headlining Economist Tom Kontos Prepares to Retire in August

The widely quoted and ever-present stalwart of the vehicle remarketing industry has been a near-universal presence at industry events and throughout related business media.

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Newsby News/Media ReleaseDecember 5, 2023

Adesa Rebrands to OPENLANE in Europe

The improved digital marketplace will provide a secure one-stop-shop experience with best-in-class cross-border services and real-time delivery options.

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Newsby News/Media ReleaseNovember 21, 2023

OPENLANE Combines BacklotCars, Off-Lease Vehicles into New Marketplace

The consolidated digital platform will simplify buying and selling while expanding reach and access for customers.

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Newsby News/Media ReleaseJune 21, 2023

OPENLANE Combines with ADESA Canada, TradeRev

The unified platform creates one of Canada’s largest digital wholesale marketplaces for used vehicles, providing buyers and sellers with easier transactions.

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Newsby StaffFebruary 24, 2023

Auction Execs to Appear at CAR Session

CAR 2023: The industry leaders will offer their latest take on the state of the industry and business patterns that indicate future trends.

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Newsby Staff and News ReportsJanuary 17, 2023

Carvana Skirting Cliff Along Dire Financial Straits

The financial risks and setbacks are piling up for the online used car retailer that gobbled up ADESA auctions last year in a deal wracked with massive debt.

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Newsby StaffDecember 12, 2022

Carvana’s Stock and Bonds Languish Amid Bankruptcy Quivers

The used car retailer that bought the ADESA auction group this year blames high used car prices and rising interest rates for sinking consumer demand.

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Articlesby Martin RomjueSeptember 14, 2022

Carvana Founder and CEO Shares Business Approach, ADESA Details

IARA Summer Roundtable: In a free-wheeling interview, entrepreneur and used car industry disruptor Ernie Garcia delivers insights on his mega-merger deal and a customer-friendly e-commerce model.

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