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KAR Auction Services

KAR's Earnings Show Digital Sales Growth

KAR Auction Services' ADESA business unit sold 367,000 vehicles through a digital channel in the first quarter of 2019, an increase of 58,000 year-over-year.

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.