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KAR Global

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.

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.

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.

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.