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ADESA's Online Sales Increase 7% in Q1

Courtyard of KAR Auction Services headquarters. ADESA, part of the KAR Auction Services family,...

The wholesale industry is in the early stages of a digital transformation that's boosting sales at ADESA, KAR Auction Services CEO Jim Hallett said earlier this month. Online sales have driven 7% in overall volume growth during the quarter, and have helped offset waning sales at physical auctions.

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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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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.

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Carvana Opens Car Vending Machine in D.C.

Carvana has opened up a new car vending machine in Washington, D.C., making this the third vending machine the company has opened this year, and the tenth overall, according to a company announcement.

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RMS Adds A.I.-Powered Portfolio Tools

RMS Automotive has launched Optimization, an A.I.-powered product suite designed to provide vehicle-specific insights that help clients make data-driven decisions and improve their overall portfolio performance.

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VehicleRemarket.com Overhaul Adds Topics

Screenshot of VehicleRemarket.com

Bobit Business Media's VehicleRemarket.com has undergone a complete redesign that makes the website a robust, efficient resource for consignors, auctions, and other remarketing professionals.

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BMW Group Financial Services Seeking New Technologies

Photo courtesy of BMW.

BMW Group Financial Services has launched an accelerator program meant to provide entrepreneurs, startups, and small businesses with the opportunity to partner with the captive finance company to develop new technologies, according to the company.

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Black Book Partners with Mobility Sales Solution

Through a partnership between Black Book and Mobility Sales Solutions, dealers will now be able to provide service customers with up-to-date used vehicle values, in order to incentive the purchase of a new vehicle.

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App Spotlight: Privacy4Cars

Privacy4Cars, an app developed by Jack Cooper Logistics, aims to simplify the process of wiping data off of a vehicle to ensure personal data is kept secure.