Net soars at ADESA's parent on tax gainsFeb. 20
KAR buys Stratim to boost ride-sharing fleet management businessFeb. 7
KAR Auction Services has acquired fleet management software company Stratim. The deal will give KAR an entry into the nascent industry of providing services to ride-sharing and other transportation-as-a-service providers.
Manheim: No letup in blitz of new productsJan. 29
A normal-ish used marketJan. 29
Hammer named to head ADESAJan. 25
Demand cools for once-hot cars at auctionsJan. 15
It's easy to see why wholesale prices for used midsize sedans are declining: aggressively priced, subvented leases adopted two and three years ago to clear out the cars as consumer preferences shifted to crossovers and SUVs have begun to ripple through the used-car market.