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Newsby StaffOctober 18, 2019

Used Fleet Vehicles Fall 1.6% in September

The value of former fleet vehicles sold at physical auctions and through other wholesale channels fell 1.6% in September compared to August but were 0.9% higher than a year ago, according to commentary by KAR Global's chief economist.

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Newsby StaffSeptember 30, 2019

KAR Auction Services Is Now KAR Global

KAR Auction Services Inc. has rebranded and will begin doing business as KAR Global, the company announced.

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Newsby StaffAugust 29, 2019

ADESA Appoints 3 General Managers

The general managers will oversee locations in California, Oregon, and Canada.

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Newsby StaffAugust 23, 2019

Used Fleet Vehicle Values Increase 4.1% This Year

The value of used fleet vehicles sold in wholesale channels increased 0.4% to $13,812 in July and are now up 4.1% through the first eight months of 2019, according to Tom Kontos, chief economist for KAR Auction Services.

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Newsby StaffAugust 14, 2019

TradeRev Expands to Two New Markets

TradeRev has expanded its digital platform to two new markets: Kansas City, Mo. and Minneapolis, the company announced.

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Newsby Eric GandarillaAugust 7, 2019

Adesa's Online Sales Grew 12% Year-to-Date

Digital sales have grown 12% through the first six months of 2019, according to KAR Auction Services' 2019 second quarter earnings call.

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Newsby StaffJuly 10, 2019

TradeRev Adds Features to Mobile App

The new integrations are meant to enable greater access to trades, increase buyer confidence, and improve the dealer experience end-to-end, the company stated.

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Newsby StaffJune 27, 2019

KAR Rebrands Recently Acquired European Digital Auction Company

The rebranding will extend the KAR family of companies' international name recognition and reputation to Continental Europe, the company stated.

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Newsby StaffJune 19, 2019

Used Fleet Vehicles Increase 2% in May

Used vehicles from fleet consignors in ADESA sales increased 2% in May to $14,043 and were 5.5% above a year ago, according to monthly commentary from Tom Kontos, chief economist for KAR Auction Services.

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Newsby StaffJune 6, 2019

KAR Offers Predictive Pricing for Commercial Consignors

KAR Auction Services Inc. has introduced a data-driven pricing tool called Pricing Insights designed to help fleet and other commercial consignors optimize pricing on wholesale vehicles.

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