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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.
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Average wholesale used vehicle prices increased in April in a trend attributed to a significant proportion of sales of higher priced, late-model, off-rental, manufacturer program vehicles that elevated average prices, according to ADESA.
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ADESA will not participate in an automotive remarketing industry initiative to establish a platform that would allow simultaneous bidding on vehicles listed on multiple online auction sites.
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ADESA, a business unit of KAR Auction Services, announced that Trevor Henderson will fill the position of chief operating officer for ADESA Canada, effective June 16.
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Auto manufacturers are ready to pump out more cars. Could this mean higher incentives and lower residuals?
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Manheim, ADESA, and the independent auctions will begin developing a platform that allows simultaneous bidding on vehicles listed on multiple online auction sites that will be ready in the second half of 2014.
Read More →ADESA and Chrysler Group LLC Remarketing announced the launch of a new and improved version of the Chrysler Direct online vehicle remarketing website for franchised Chrysler Group dealers, powered with technology from OPENLANE.
Read More →Emkay Inc. announced that they hosted another successful and productive Client Advisory Board (CAB) meeting in Chicago the last week of August.
Read More →ARI, a global fleet services provider specializing in complex car and truck fleets, hosted a celebration recognizing and honoring the 2012 Regional Auction of the Year award winners on May 17.
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Toyota Financial Services (TFS) and Lexus Financial Services (LFS) has awarded its 2012 Premier Auction Award, the company’s highest recognition of excellence in the remarketing industry, to ten auction sites for their 2012 performances.
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