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KAR Auction Services

KAR Revamps Openlane Upstream Digital Platform

KAR Auction Services has rebooted its Openlane upstream digital remarketing platform with data science, A.I., machine learning, and cloud-based technology so it streamlines the experience for buyers and sellers, the company announced.

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ADESA Canada Taps New VP of Dealer Sales

ADESA Canada has promoted its former senior director of business development, Steve Langdon, to vice president of dealer sales, according to a company announcement.

ADESA Names Two New General Managers

Matt Itami will serve as the general manager of ADESA Chicago, while Cheryl Toler will serve as the general manager of ADESA Fresno.

KAR Auction Services Taps Oliveri to Lead Autoniq

Vehicle remarketing and technology solutions provider KAR Auction Services Inc. has named Joe Oliveri vice president of the company’s Autoniq business unit, which provides mobile and digital vehicle pricing and evaluation reports.

ADESA Dallas Earns U.S. Bank's Lease Return Award

U.S. Bank has awarded ADESA Dallas with its Lease Return Segment Auction of the Year award, the bank has announced.

Fleet Lease Consignor Prices Up 6.6% in March

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.

IAA Opens New Branch in Wyoming

Insurance Auto Auctions, a business unit of KAR Auction Services, has opened a new branch in Casper Wyoming, according to a company announcement.

Full-Size Vans Holding Resale Value

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.

ADESA Appoints Executive Sales Director

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.

TradeRev Unveils AI for Digital Auctions

H was designed to leverage data and technology from across the KAR platform. It uses TradeRev’s machine learning and proprietary algorithms to deliver clear, easy, actionable intelligence to dealers.