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KAR Global

Former NIADA CEO Joins KAR as Executive VP, Global Dealer Sales

KAR Auction Services has named automotive industry veteran Steve Jordan as its executive VP for KAR Global Dealer Sales, who will join the company in September after serving for seven years as CEO of the National Independent Automobile Dealers Association (NIADA).

ADESA Halts Physical Auction Sales

KAR Global is halting physical sale operations across North America at all ADESA locations, and includes Simulcast-only sales for at least the next two weeks.

Used Fleet Vehicles Fall 0.6% in October

The values of vehicles sold at ADESA auctions from fleet consignors fell 0.6% to $13,309 in October but remain 2.4% higher from a year ago, according to Tom Kontos, KAR Global's chief economist.

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