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Impact Auto Auctions Creates Seamless Financing and Buying Experience with Integration of AFC Financing

Published: December 13, 2018

Real-Time Floorplanning Available to Impact Buyers Impact Auto Auctions Ltd. and Automotive Finance Corporation (AFC), business units of KAR Auction Services (NYSE: KAR), announce the launch of real-time, convenient, seamless financing and buying options for Impact Auto Auctions customers. Impact Auto Auctions buyers can now view their available AFC credit in real time and floorplan MORE >

IAA Announces Opening of New Flint Branch

Published: December 12, 2018

Facility Upgrades and Relocates Third Strategic Location in Michigan for IAA Insurance Auto Auctions, Inc. (IAA), a business unit of KAR Auction Services (NYSE: KAR), announces the opening of its new facility in Flint, Michigan. The new branch is IAA’s third strategic location serving the northern Midwest market of Michigan. The site boasts a new MORE >

KAR Strengthens Asset Recovery Capabilities with Consolidated Management Team

Published: December 11, 2018

Recovery Database Network Joins Clearplan to Create Unified Business Unit KAR Auction Services, Inc. (NYSE: KAR), a global automotive remarketing and technology services provider, announced a consolidated management team for its software as a service businesses Recovery Database Network (RDN) and recently acquired Reno, Nevada-based Clearplan. The integrated management team increases synergies for these complementary MORE >

ADESA Announces New General Manager at ADESA Buffalo

Published: December 10, 2018

ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE: KAR), announces David Fountaine has been named general manager of its ADESA Buffalo auction. “Dave has strong experience in training, development and sales — holding various management positions throughout his extensive career,” said Geoff Parker, Midwest regional vice MORE >

KAR Chairman & CEO, Jim Hallett Appears on CNBC’s Mad Money

Published: December 5, 2018

On November 30, 2018, KAR Chairman & CEO Jim Hallett appeared on CNBC’s Mad Money. He spoke to show host, Jim Cramer about KAR, the future of the auto remarketing industry and current automotive industry trends. CNBC Mad Money, Jim Cramer gets the latest on the auto space with KAR Auction Services Chairman and CEO Jim MORE >