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KAR Finalizes Acquisition of Europe-based CarsOnTheWeb

Published: February 1, 2019

KAR Auction Services, Inc. (NYSE: KAR), a global automotive remarketing and technology services company, announced the completion of its acquisition of Belgium-based CarsOnTheWeb (COTW). The acquisition advances KAR’s international strategy and extends its North American and U.K.-based portfolio to Continental Europe. COTW provides a robust online wholesale vehicle auction marketplace that seamlessly connects OEMs, fleet MORE >

GM Financial and General Motors’ 15 millionth remarketed vehicle sells on OPENLANE

Published: January 29, 2019

General Motors and GM Financial hosted the sale of the 15 millionth remarketed vehicle on GMF DealerSource®, GM Financial’s online auction platform, powered by OPENLANE, the world’s largest upstream vehicle remarketing platform and subsidiary of KAR Auction Services, Inc. “The remarketing industry is transforming rapidly, and GMF DealerSource has been a critical tool for GM MORE >

KAR Launches Suite of Data Science Capabilities Aimed at Optimizing Dealer Profitability

Published: January 25, 2019

DaaS Integration Significantly Streamlines Dealer Remarketing Journey KAR Auction Services, Inc. (NYSE: KAR), a global automotive remarketing and technology services provider, announced the launch of a pilot program for its Data as a Service (DaaS) suite of capabilities during the Auto Intel Council news conference at NADA Show 2019. Powered by DRIVIN, acquired by KAR MORE >

TradeRev Unveils Enhancements to MOVE METAL® Faster

Published: January 22, 2019

Shorter Auctions, Flat Fee Transportation and Streamlined Registration to Accelerate Dealer Buying and Selling Experience TradeRev, North America’s leading dealer-to-dealer digital auction platform, announced a series of platform enhancements to help dealers MOVE METAL® faster and easier. Beginning Feb. 5, 2019, TradeRev will shorten its auction timer to increase the velocity of dealer transactions on MORE >

ADESA Announces Additions to National Sales Team

Published: January 21, 2019

ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE: KAR), announces two additions to its national sales team. Patrick Ming has joined the team as executive sales director, and Vince McNeal has rejoined the team as senior director of customer solutions. “Both Patrick and Vince have the MORE >