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ADESA

Used Fleet Vehicles Fall 0.6% in October

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.

KAR's Openlane Unit Gives Charitable Donations

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.

Used Fleet Vehicles Fell 1.5% in August

Used fleet vehicles that sold at wholesale fell 1.5% to $13,603 in August from July, but remained up 1.2% when compared to the same month a year ago, according to Tom Kontos, chief economist for KAR Auction Services.

ADESA Partners with FCA for Simulcast Sale

As part of FCA’s national certified pre-owned vehicle dealer meeting, ADESA launched four simulcast sales from four of its auction locations: ADESA Golden Gate, ADESA Indianapolis, ADESA Kansas City, and ADESA Las Vegas.

ADESA Adds Recommendations Carousel to Homepage

Auction and reconditioning services provider ADESA (div. KAR Auction Services Inc.) announced the launch of Recommendations, a new solution billed as the industry’s first personalized vehicle carousel for used-vehicle dealers.

Used Fleet Vehicle Values Increase 4.1% This Year

The value of used fleet vehicles sold in wholesale channels increased 0.4% to $13,812 in July and are now up 4.1% through the first eight months of 2019, according to Tom Kontos, chief economist for KAR Auction Services.