KAR Holdings

2015 LISTS OF 10

Hot topics, trends to watch in 2016

12:01 am U.S. ET | Dec. 28, 2015

Record certified used-vehicle sales. Strong used-vehicle prices, even amid rising inventory. It was a booming year in the automotive remarketing world in 2015. Here are 10 topics and trends to watch in 2016....
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ADESA refocuses on physical auctions

12:01 am U.S. ET | Nov. 30, 2015

A few years ago, technology made online used-vehicle remarketing possible. Then the recession made it a necessity. But now that new- and used-vehicle volumes have fully recovered, auction giant ADESA is focusing again on its physical auctions, without ignoring its online operations....
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ADESA profit, revenue grow in 3rd quarter

12:01 am U.S. ET | Nov. 9, 2015

KAR Auction Services Inc., parent company of ADESA, reported that third-quarter net income increased 10 percent from a year earlier to $52.3 million on revenue that rose 13 percent to $666.7 million....
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ADESA profits, revenue grow in Q3

3:43 pm U.S. ET | Nov. 5, 2015

KAR Auction Services Inc., parent company of ADESA, reported third-quarter net income increased 10 percent to $52.3 million on revenue that rose 13 percent to $666.7 million....
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It may be left to vendors to create cross-platform auctions

12:01 am U.S. ET | Oct. 26, 2015

Outside vendors, not the current online-auction giants, may take multiple platform auction sales to the next level by creating technology that will allow buyers to bid across competing platforms until the sale is done....
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Average used-vehicle price slips below $10,000

12:01 am U.S. ET | Aug. 31, 2015

The average wholesale used-vehicle price dips below $10,000 in July but demand for used vehicles, especially CPO, buoy prices compared to last year, according to ADESA....
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ADESA’s Q2 income, revenue rise

2:28 pm U.S. ET | Aug. 4, 2015

KAR Auction Services, parent company of ADESA, today said its second-quarter net income rose 17 percent to $59.5 million on revenue that increased 12 percent to $658.3 million....
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KAR Auction Q1 net income doubles

3:11 pm U.S. ET | May 6, 2015

KAR Auction Services, parent company of ADESA, said its net income more than doubled to $54.5 million on revenues that increased 8.3 percent to $632.4 million in the first quarter....
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Auction changes meet hurdles as coalition breaks

12:01 am U.S. ET | March 9, 2015

For two years, the hottest topic in the auto-auction world has been multiplatform selling: A vehicle listed on one company's online auction would show up on rivals' platforms as well, allowing buyers to bid across those competing platforms until the sale is done. But that dream is now in danger....
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ADESA bows out of multiple platform auction sales

7:52 pm U.S. ET | Feb. 23, 2015

After investing nearly two years and “several million dollars” to help create online auction selling across multiple platforms, ADESA is bowing out, said Peter Kelly, president of ADESA's corporate sibling in charge of digital services....
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Salvage auction does a bang-up business

12:01 am U.S. ET | Feb. 23, 2015

Salvage auto-auction company Insurance Auto Auctions Inc., sibling to auction giant ADESA, has been on a growth spurt since December 2013. In that time, it has opened, acquired, reopened, moved or expanded sites in 13 markets. The moves were necessary to meet the demand of quickly disposing of wrecked vehicles, says CEO John Kett....
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