KAR Auction Services

Auction school for dealers

12:01 am U.S. ET | March 24, 2014
ADESA Inc. has mobilized as many as 300 employees to teach dealers, in some cases one-on-one, how to buy used vehicles on its adesa.com online platform, the top executive at ADESA's parent company says.... Read More »

 

ADESA to open more online auctions to more dealers

3:27 pm U.S. ET | Feb. 20, 2014
ADESA, the nation's second largest auto-auction company, this year will focus on building online auctions that are open to all dealers, its parent company's top executive said.... Read More »

 

KAR, Adesa's parent, posts 19% gain in Q3 net

12:24 pm U.S. ET | Nov. 6, 2013
KAR Auction Services, the parent of auction company ADESA, said today that its third-quarter net income rose 19 percent from the year-earlier period to $22.8 million, as revenues increased 12 percent to $533.7 million.... Read More »

 

ADESA forecasts rising off-lease volume in second half of year

12:01 am U.S. ET | May 13, 2013
ADESA, the nation's second-largest used-vehicle auction company, expects an uptick in sales of off-lease vehicles, especially in the second half of the year, said the top executive at its parent company.... Read More »

 

ADESA parent KAR's Q1 profit rose 12% to $29 million

10:09 am U.S. ET | May 2, 2013
KAR Auction Services, parent company of vehicle-auction company ADESA, said its first-quarter net income rose 12 percent to $29 million on a 10 percent increase in revenue, to $558 million.... Read More »

 

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