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KAR Auction Services

ADESA Replaces LiveBlock with Simulcast

ADESA is replacing its LiveBlock service with ADESA Simulcast, giving its customers an expanded method of joining live sales online, the company announced.

Used Fleet Vehicle Values Rise 2.3% in March

The spring / tax season market uptick helped make March a strong month for used vehicle sales, and late-model sedans from fleet leasing consignors continue to outperform their SUV/CUV counterparts, according to Tom Kontos, KAR's chief economist.

IAA Opens Fourth South Carolina Location

Insurance Auto Auctions, Inc. has opened IAA Lexington, its fourth location in South Carolina, in order to accommodate its newly expanded customer volume needs.

IAA Expands Footprint at 5 Locations

Expanded auction facilities are based in Huntsville, Alabama; Little Rock, Arkansas; Minneapolis/St. Paul; Long Island, New York City; and Houston.

Insurance Auto Auctions Invests in Innovation Hub

Insurance Auto Auctions, Inc. will set up an innovation hub in a partnership with technology incubator 1871 called IAA Engine House that will serve as an idea-generation and development center for the company.

February Used Fleet Values Outpaced Rest of Market

The average sale price for used vehicles from fleet leasing consignors continued to outpace vehicles cosigned to auction by manufacturers and dealers in February, according to Tom Kontos, KAR's chief economist.