About KAR Auction Services
The KAR group of companies provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR’s unique end-to-end platform supports whole car, salvage, financing, logistics and other ancillary and related services, including the sale of more than 4.4 million units valued at over $40 billion through our auctions. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in 110 countries.
Headquartered in Carmel, Indiana, KAR has approximately 17,400 employees and maintains business units across the United States, Canada, Mexico and the United Kingdom. The company’s core business units include:
- ADESA is a wholesale, used-vehicle auction operation with 77 locations and a complete online service offering for auto dealers, manufacturers, banks, finance, fleet, lease and rental companies.
- Insurance Auto Auctions is a salvage auto auction company with a network of 173 auction sites serving the total-loss needs of insurance companies, fleet, lease and rental companies.
- Automotive Finance Corporation is a capital funding source with 123 offices that provides inventory financing and comprehensive business services primarily to independent used-vehicle dealers.
Many of KAR’s business units in turn have their own subsidiaries, all united under the KAR brand. Together, the KAR group of companies provides a complete auction solution for a wide range of customers and their unique remarketing needs.