The Car and Truck Fleet and Leasing Management Magazine


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March 7, 2018

2018 Remarketer and Consignor of the Year Named

Tom Caruso, executive vice president at KAR Auction Services received the 2018 Remarketer of the Year Award at the 2018 Conference of Automotive Remarketing. Jeannie Chiaromonte, VP, national remarketing manager at Bank of America received the 2018 Consignor of the Year Award.

February 23, 2018

Fleet Consignor Prices Rise 4.1% in January

Wholesale used vehicle prices for vehicles from fleet or lease consignors increased 4.1% in January from the prior month, but fell 0.3% from the same month a year ago, according to the latest Kontos Kommentary.

January 26, 2018

KAR Brings Hammer Back as ADESA President

KAR Auction Services has named John Hammer as president of ADESA following a resignation of Stéphane St-Hilaire, who served as CEO and president of ADESA since 2014.

January 22, 2018

Fleet Lease Consignor Prices Fall 1.9% in December

Average wholesale prices for fleet lease vehicles were down 1.9% month-over-month, but up 0.4% year-over-year, according to Tom Kontos, KAR Auction Services' chief economist.

December 20, 2017

Fleet Lease Consignor Prices Fall 2.3%

Wholesale prices for used vehicles from fleet lease consignors fell 2.3% in November from October, but were 0.8% up from a year ago, according to Tom Kontos, the chief economist for KAR Auction Services.

November 16, 2017

Fleet Lease Consignor Prices Fall 1.6%

Wholesale prices for fleet lease consignor vehicles fell 1.6% in October from the prior month and 4.5% higher than a year ago, Tom Kontos said in his monthly commentary.

October 20, 2017

Fleet Lease Consignor Prices Advancing Steadily

Average wholesale prices for used fleet lease vehicles increased 0.2% in September from the prior month and 3.6% from the prior year in a market that was bolstered by dealer demand in hurricane-stricken regions, according to Tom Kontos, KAR Auction Services' chief economist.

September 20, 2017

Fleet Lease Consignor Prices Climb Higher

Fleet lease consignor prices moved higher in August, increasing 1.4% over July and 2.3% through the first eight months of the year compared with 2016, according to the Sept. 20 Kontos Kommentary.

September 19, 2017

ADESA's KAR to Build New HQ in Indiana

Nearly 1,600 of KAR’s 17,400 employees are located in Indiana, and the new location provides space for an additional 400 jobs.

July 17, 2017

Wholesale Prices Softening Despite YOY Increase in June, Kontos Says

Average wholesale prices in June were down vs. June but up vs. a year ago. A drill down into the data, however, reveals price softening on a year-over-year basis when accounting for sales type, vehicle age, model class, and mileage, KAR Chief Economist Tom Kontos said today.

March 4, 2016

ADESA Names Chief Client Officer for Canada

ADESA, a business unit of KAR Auction Services, has announced that Lisa Scott has been promoted to chief client officer for ADESA Canada.

February 17, 2016

ADESA to Acquire Brasher Auctions for $283M

ADESA, Inc., has signed an agreement to acquire eight Brasher family auctions for $283 million under an agreement announced by parent KAR Auction Services.

June 16, 2015

KAR Auction Services Expands to UK

KAR Auction Services announced that its subsidiary ADESA (UK) Limited has acquired HBC Vehicle Services. Headquartered in Canvey Island, England, HBC specializes in salvage vehicle auctions and related services.

March 1, 2013

Stacey White Promoted to VP of Enterprise Optimization for KAR Auction Services

KAR Auction Services, Inc., a leading provider of vehicle and salvage auction services in North America, announced that Stacey White has been promoted to vice president of enterprise optimization, effective immediately.

December 9, 2011

ADESA Strengthens Service Offerings with CarsArrive Integration

CARMEL, IN - ADESA announced it is integrating its physical ADESA auction locations with CarsArrive. CarsArrive is a subsidiary of OPENLANE that ADESA also acquired in the acquisition.

October 7, 2011

OPENLANE Appoints Three New Executive Managers

CARMEL, IN - In the U.S., Jason Ferreri is now senior VP in charge of commercial sales. Tim Zierden now has additional responsibilities for OPENLANE's dealer sales, and Trevor Henderson is now the managing director for OPENLANE while retaining his eBusiness and business development responsibilities for ADESA.

October 3, 2011

ADESA’s Parent Company KAR Auction Services Completes OPENLANE Acquisition

CARMEL, IN - KAR Auction Services' CEO Jim Hallett said the OPENLANE acquisition will further enhance KAR's online service offerings.

August 15, 2011


CARMEL, IN - Peter Kelly, OPENLANE’s CEO, will report directly to KAR Auction Services' CEO Jim Hallett. ADESA is a subsidiary of KAR.


Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

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Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

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Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

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