Menu

2012

KAR Auction Services Announces Pricing of Secondary Offering of Common Stock

Published: December 5, 2012

For Immediate Release Eric Loughmiller Executive Vice President and Chief Financial Officer (317) 249-4254 eric.loughmiller@karauctionservices.com KAR Auction Services Announces Pricing of Secondary Offering of Common Stock Carmel, Ind. – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today the pricing of a secondary offering of 13,500,000 shares of its common stock at $17.50 per MORE >

KAR Auction Services Announces First Cash Dividend

Published: November 30, 2012

For Immediate Release Eric Loughmiller Executive Vice President and Chief Financial Officer (317) 249-4254 eric.loughmiller@karauctionservices.com KAR Auction Services Announces First Cash Dividend Board Declares Quarterly Dividend of $0.19 per Share Carmel, Ind. – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today that its Board of Directors has approved the initiation of a quarterly MORE >

KAR Auction Services Announces Secondary Offering of Common Stock

Published: November 30, 2012

For Immediate Release Eric Loughmiller Executive Vice President and Chief Financial Officer (317) 249-4254 eric.loughmiller@karauctionservices.com KAR Auction Services Announces Secondary Offering of Common Stock Carmel, Ind. – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today the commencement of an underwritten offering of up to $200 million of its common stock by existing stockholder MORE >

KAR Auction Services Seeks to Amend Credit Agreement

Published: November 19, 2012

For Immediate Release Eric Loughmiller Executive Vice President and Chief Financial Officer (317) 249-4254 eric.loughmiller@karauctionservices.com KAR Auction Services Seeks to Amend Credit Agreement Carmel, Ind. – KAR Auction Services, Inc. (NYSE: KAR) (the “Company”) announced today that it is seeking amendments to its Credit Agreement, dated as of May 19, 2011 (the “Credit Agreement”), that MORE >

Insurance Auto Auctions Opens Two Facilities in Texas

Published: November 14, 2012

For Immediate Release Jeanene O’Brien Vice President, Marketing 708-492-7328 www.iaai.com Insurance Auto Auctions Opens Two Facilities in Texas IAA Expands Footprint to 12 Locations in State Westchester, Ill.  — Insurance Auto Auctions, Inc. (IAA), the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced MORE >

Insurance Auto Auctions Launches Out-of-State Title Processing Services in California

Published: November 7, 2012

For Immediate Release Jeanene O’Brien Vice President, Marketing 708-492-7328 www.iaai.com Insurance Auto Auctions Launches Out-of-State Title Processing Services in California First in the State to Offer New Service That Cuts Cycle Times for Insurance Providers by an Estimated 90 percent Westchester, Ill. — Insurance Auto Auctions, Inc. (IAA), the leading live and live-online salvage auto MORE >

Insurance Auto Auctions Further Enhances Its Best in Class Buyer Experience with Enhanced Releases of I-Bid Live℠ and the IAA Buyer App

Published: October 10, 2012

For Immediate Release Jeanene O’Brien Vice President, Marketing 708-492-7328 www.iaai.com Insurance Auto Auctions Further Enhances Its Best in Class Buyer Experience with Enhanced Releases of I-Bid Live℠ and the IAA Buyer App New, Redesigned Intuitive Interface and Streamlined Access to Vehicle Information Improves Bidding and Buying Process Westchester, Ill. — Insurance Auto Auctions, Inc. (IAA), the MORE >

Insurance Auto Auctions Unveils IAA Title Management & Title Tracker

Published: September 25, 2012

For Immediate Release Jeanene O’Brien Vice President, Marketing 708-492-7328 www.iaai.com Insurance Auto Auctions Unveils IAA Title Management & Title Tracker Innovative Offering to Drive Cycle Time Improvement and Streamline Allocated Resources for Title Procurement Westchester, Ill. — Insurance Auto Auctions, Inc. (IAA), the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR MORE >

Employees Serving in the National Guard and Reserve Continue to Benefit from Insurance Auto Auctions Support

Published: September 13, 2012

For Immediate Release Contact: Tom Bullock 571-372-0709 Employees Serving in the National Guard and Reserve Continue to Benefit from Insurance Auto Auctions Support John Kett, President and Chief Financial Officer, Insurance Auto Auctions, Signs Statement of Support Austin, Texas – Dr. Jerry Icenhower, Chairman of the Texas ESGR Committee (ESGR), joined John Kett to celebrate MORE >

Insurance Auto Auctions Raises Over $140,000 for Alex’s Lemonade Stand Foundation to Battle Childhood Cancer

Published: August 22, 2012

For Immediate Release Gillian Kocher ALSF 610-649-3034 or Susan Jablonski IAA 312-933-8584 Insurance Auto Auctions Raises Over $140,000 for Alex’s Lemonade Stand Foundation to Battle Childhood Cancer IAA Branches Nationwide Raise Critical Funds During 9th Annual National Lemonade Days Westchester, Ill. — Insurance Auto Auctions, Inc. (IAA), the leading live and live-online salvage auto auction MORE >

Insurance Auto Auctions Contributes $10,000 to Collision Repair Education Foundation in Support of Students’ Education

Published: August 15, 2012

For Immediate Release Melissa Marscin Collision Repair Education Foundation Assistant Director of Grant Programs 888.722.3787, Ext. 282 melissa.marscin@ed-foundation.org Insurance Auto Auctions Contributes $10,000 to Collision Repair Education Foundation  in Support of Students’ Education Hoffman Estates, Ill. – Insurance Auto Auctions has displayed its commitment to the future of the collision industry by contributing $10,000 to the Collision MORE >

Insurance Auto Auctions Relocates Austin Branch to Larger Upgraded Facility

Published: July 17, 2012

For Immediate Release Jeanene O’Brien Vice President 708-492-7328 www.iaai.com Insurance Auto Auctions Relocates Austin Branch to Larger Upgraded Facility New Facility Offers Covered Inspection and Multiple Run-and-Drive Lanes Westchester, Ill. —Insurance Auto Auctions, Inc. (IAA), the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR Auction Services, Inc. (NYSE: KAR), today announced MORE >

Insurance Auto Auctions to Help Raise $100,000 For Alex’s Lemonade Stand Foundation to Battle Childhood Cancer

Published: June 4, 2012

For Immediate Release Gillian Kocher Alex’s Lemonade Stand 610-649-3034 Susan Jablonski IAA 312.933.8584 Insurance Auto Auctions to Help Raise $100,000 For Alex’s Lemonade Stand Foundation to Battle Childhood Cancer IAA to Sell Lemonade at 142 U.S. Branch Locations During 9th Annual National Lemonade Days Westchester, Ill. — Insurance Auto Auctions, Inc. (IAA), the leading live MORE >

KAR Auction Services Announces Launch of ADESA OpenLane

Published: April 24, 2012

For Immediate Release Darci Valentine darci.valentine@adesa.com 317-249-4414 KAR Auction Services Announces Launch of ADESA OpenLane Carmel, Ind. — KAR Auction Services, Inc. (NYSE: KAR) today announced that it has fully integrated the online bid-now sales events of two of its subsidiary companies, ADESA and OPENLANE. This integration combines the vehicle inventory that was previously available MORE >

Tracking Technology Can Make Auction Day Easier for Sellers

Published: March 29, 2012

For Immediate Release Kelly Scott 317-249-4581 kelly.scott@adesa.com Tracking Technology Can Make Auction Day Easier for Sellers Carmel, Ind. – Advanced technology developed by AuctionTrac, a KAR Auction Services, Inc. subsidiary, can help sellers save time and increase productivity while remarketing their vehicles on sale day. Sellers can use the system’s unique features to track their own MORE >

United Way of Central Indiana Honors KAR Auction Services

Published: March 27, 2012

For Immediate Release Darci Valentine 317-249-4414 darci.valentine@adesa.com United Way of Central Indiana Honors KAR Auction Services Carmel, Ind. – KAR Auction Services, Inc. was recently recognized for its participation in the United Way of Central Indiana’s (UWCI) annual LIVE UNITED campaign. This campaign encourages companies to GIVE, ADVOCATE and VOLUNTEER to improve their local community. MORE >

ADESA, OPENLANE Combine Sales and Marketing Teams to Further Enhance Customer Experience

Published: February 28, 2012

For Immediate Release Darci Valentine darci.valentine@adesa.com 317-249-4414 ADESA, OPENLANE Combine Sales and Marketing Teams to Further Enhance Customer Experience Carmel, Ind. — KAR Auction Services today announced that it has integrated the national sales and corporate marketing divisions of ADESA and OPENLANE to build a single sales and marketing team. “From day one, I’ve said that MORE >

Insurance Auto Auctions Paves the Way for Recycling U.S. Salvage Vehicles in China

Published: February 6, 2012

For Immediate Release Jeanene O’Brien Vice President, Marketing 708-492-7328 www.iaai.com Insurance Auto Auctions Paves the Way for Recycling U.S. Salvage Vehicles in China IAA Is Proud to Officially Partner with Recyclers from China Westchester, Ill.  — Insurance Auto Auctions, Inc. (IAA), the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR MORE >

Ronald McDonald House Charities in Five States Tap into Key Funding Opportunities Through Insurance Auto Auctions Car Donation Program

Published: January 18, 2012

For Immediate Release Media Contacts: Susan Jablonski, IAA 312‐933‐8584 Anshula Ahluwalia, FTI Consulting 312‐553‐6744 For Donations 855-227-7435 Ronald McDonald House Charities in Five States Tap into Key Funding Opportunities Through Insurance Auto Auctions Car Donation Program One Car One Difference™ National Car Donation Campaign to Provide Critical Funding to RMHC in Florida, Kentucky, North Dakota, MORE >