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ADESA Announces Auction Leadership Changes Aimed at Enhancing Customer Experience and Continued Growth

Published: February 28, 2019

New Regional Vice President-West Region and General Manager Changes in Las Vegas, Birmingham, Little Rock, Orlando and Tulsa ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE: KAR), announces Lawrence Cubitt has been named regional vice president of the ADESA West region. Cubitt brings decades of auction MORE >

ADESA Launches VirtuaLane Auctions at 20 North American Locations

Published: February 27, 2019

Key Customer Partnerships Create a More Technologically Advanced and Safe Auction Experience ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE: KAR), announces the launch of VirtuaLaneSM auctions. VirtuaLane is a live in-lane auction experience that utilizes technology to create a safe, virtual marketplace for ADESA customers MORE >

ADESA Announces New Leader of Product Development

Published: February 26, 2019

Organizational Update Aimed at Developing and Delivering Industry-Leading Products and Services ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE: KAR), announces Kurt Madvig has been named vice president of product development. Madvig will lead a team focused on the development, launch and delivery of products, services MORE >

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 >