Carmel-based KAR Auction Services Inc. is a colossus in the used-car auction business, with more than $3 billion in revenue and 17,000 employees. That might sound like a low-tech industry, and one ...

KAR Auction Services said late Tuesday afternoon that it is pursuing a spin-off of its Insurance Auto Auctions business unit. KAR said in a news release the proposed tax-free spin-off is designed to ...

CARMEL, IN--(Marketwired - Apr 1, 2016) - KAR Auction Services, Inc. (NYSE: KAR) announced today that its subsidiary, ADESA, Inc., has successfully completed the acquisition of eight auctions owned by ...

TradeRev has a new president, parent company KAR Global said Tuesday. Taking on the role is co-founder James Tani, who will also remain in his position as executive vice president of KAR’s Canadian ...

Carmel-based KAR Auction Services Inc., which has been working to transform itself into a digitally operated company, took a big step toward that goal when it sold its U.S. physical auto auction ...

On April 1, 2019, KAR Auction Services, Inc. (NYSE: KAR, $55.98, Market Capitalization: $7.5 billion), a leading provider of whole car & salvage vehicle auction services and technology-enabled ...

KAR Auction Services, a holding company for used vehicle auctioneer ADESA, Automotive Finance Corp. and Insurance Auto Auctions, a firm that resells total-loss vehicles, has purchased the vehicle ...

KAR Auction Services Inc. said Tuesday that it will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus on their separate priorities and boost ...

Laying more groundwork to become publicly traded, the holding company for ADESA Inc. plans an initial public offering of 23 million shares of common stock. KAR Auction Services Inc., which announced ...