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2017

KAR Auction Services Inc. to Announce First Quarter 2017 Earnings

Published: April 25, 2017

KAR Auction Services, Inc. to Announce First Quarter 2017 Earnings CARMEL, IND. – April 25, 2017 – KAR Auction Services, Inc. (NYSE: KAR) announced today that it will be releasing its first quarter 2017 earnings on Tuesday, May 9, 2017. KAR Auction Services, Inc. will also be hosting an earnings conference call and webcast on MORE >

KAR Acquires DRIVIN to Bolster Data Analytic Capabilities and Strengthen Leading Remarketing Platform

Published: April 19, 2017

FOR IMMEDIATE RELEASE KAR Acquires DRIVIN to Bolster Data Analytic Capabilities and Strengthen Leading Remarketing Platform Addition of DRIVIN’s Innovative Products, Technology and Talent Highly Complementary to the Company’s Broad Data Service Offerings CARMEL, Ind. – April 19, 2017 – KAR Auction Services, Inc. (NYSE: KAR), today announced the acquisition of CarCo Technologies, Inc., d/b/a MORE >

TradeRev Releases “Title Concierge” and “My Account” Features for Dealers

Published: April 12, 2017

FOR IMMEDIATE RELEASE TradeRev Releases “Title Concierge” and “My Account” Features for Dealers New Tools and Enhanced Post-Sale Services Available With No Subscription Fees CARMEL, Ind. – April 12, 2017 – TradeRev, an innovative tech startup focused on streamlining automotive sales between dealers, today announced the elimination of monthly subscription fees for U.S. car dealers. MORE >

IAA Launches Comprehensive Fast Search Tool

Published: April 12, 2017

FOR IMMEDIATE RELEASE IAA Launches Comprehensive Fast Search Tool First in Salvage Vehicle Industry to Offer Buyers Over 30 Search and Filter Options WESTCHESTER, Ill., April 12, 2017 – Insurance Auto Auctions, Inc. (IAA) today announced the launch of IAA Fast Search™, the salvage vehicle industry’s most comprehensive search tool. With over 30 vehicle search MORE >

Buyers Set to Benefit as ADESA Leads Transition to Upstream Defleet Remarketing

Published: April 11, 2017

FOR IMMEDIATE RELEASE Buyers Set to Benefit as ADESA Leads Transition to Upstream Defleet Remarketing Buyers are set to benefit as ADESA, with its upstream mobile technology platform, leads the transition to upstream defleet remarketing in the UK. Through a growing partnership with Arval and newly formed relationship with Motability Operations, ADESA’s upstream platform will MORE >

KAR Auction Services Announces Thomas Fisher as Executive Vice President and Chief Information Officer

Published: April 4, 2017

KAR Auction Services Announces Thomas Fisher as Executive Vice President and Chief Information Officer Digital and Cloud Computing Pioneer to Lead Company’s Next Generation Business and Customer Solution Development CARMEL, Ind. – April 4, 2017 – KAR Auction Services, Inc. (NYSE: KAR), a global wholesale used-vehicle marketplace, technology and solutions provider, announced that Thomas (“Tom”) MORE >

TradeRev & ADESA Strike Exclusive Partnerships with Many of Canada’s Largest Dealer Groups

Published: April 3, 2017

FOR IMMEDIATE RELEASE TradeRev & ADESA Strike Exclusive Partnerships with Many of Canada’s Largest Dealer Groups Industry–Changing Deals Add Over 120 Canadian Dealerships and Tens of Thousands of Vehicles to the TradeRev Dealer Network Toronto, Ontario – April 3, 2017 –TradeRev, an innovative tech startup focused on streamlining automotive sales between dealers, today announced a MORE >

KAR Auction Services Fortifies Investment in TradeRev

Published: March 16, 2017

FOR IMMEDIATE RELEASE KAR Auction Services Fortifies Investment in TradeRev $15 Million Extended to Accelerate Expansion and Further Enhance Technology CARMEL, Ind. – March 16, 2017 – KAR Auction Services, Inc. (NYSE: KAR), a global wholesale used-vehicle marketplace and technology solutions provider, has extended up to $15 million in credit to Nth Gen Software, Inc., MORE >

KAR Auction Services Announces Srisu Subrahmanyam as Senior Vice President of Business Transformation

Published: March 13, 2017

FOR IMMEDIATE RELEASE KAR Auction Services Announces Srisu Subrahmanyam as Senior Vice President of Business Transformation CARMEL, Ind. – March 13, 2017 – KAR Auction Services, Inc. (NYSE: KAR), a global wholesale used vehicle marketplace, technology and solutions provider, announced that Sriram “Srisu” Subrahmanyam has joined the company as senior vice president of business transformation. MORE >

ADESA Canada Opens New Headquarters in Mississauga

Published: March 9, 2017

FOR IMMEDIATE RELEASE ADESA Canada Opens New Headquarters in Mississauga TORONTO – March 9, 2017 – ADESA, a business unit of KAR Auction Services (NYSE: KAR), today announced that it has opened a new headquarters in Mississauga, a suburb of Toronto. ADESA is a leading provider of vehicle auction and remarketing services with 14 auction MORE >

ADESA Celebrates Grand Opening of New Chicago Facility

Published: March 2, 2017

FOR IMMEDIATE RELEASE ADESA Celebrates Grand Opening of New Chicago Facility CARMEL, Ind. – March 2, 2017 – ADESA, a business unit of KAR Auction Services (NYSE: KAR), announced the upcoming grand opening of its new ADESA Chicago auto auction. The ADESA Chicago facility held its first sale and soft opening last October, and has MORE >

KAR Auction Services Announces Richard Howse and Chief Commercial Officer

Published: March 1, 2017

FOR IMMEDIATE RELEASE KAR Auction Services Announces Richard Howse as Chief Commercial Officer Automotive Industry Veteran to Focus on Integrated Customer Solutions CARMEL, Ind. – March 1, 2017 – KAR Auction Services, Inc. (NYSE: KAR), a global vehicle remarketing and technology solutions provider, announced that industry veteran Richard Howse has joined the company as Chief MORE >

KAR Auction Services to Announce Fourth Quarter and Full Year 2016 Earnings

Published: February 7, 2017

For Immediate Release Analyst Inquiries: Mike Eliason (317) 249-4559 mike.eliason@karauctionservices.com Media Inquiries: Tobin Richer (317) 249-4521 Tobin.richer@karauctionservices.com KAR Auction Services, Inc. to Announce Fourth Quarter and Full Year 2016 Earnings CARMEL, IND. February 7, 2017 —KAR Auction Services, Inc. (NYSE: KAR) announced today that it will be releasing its fourth quarter and full year 2016 MORE >

ADESA Phoenix Raises More Than $24,000 to Benefit JDRF

Published: January 26, 2017

January 26, 2017 For Immediate Release Darci Valentine darci.valentine@adesa.com 317-249-4414 ADESA Phoenix Raises More Than $24,000 to Benefit JDRF CARMEL, Ind.—ADESA, a business unit of KAR Auction Services (NYSE: KAR), today announced that its ADESA Phoenix location raised $24,500 for JDRF during a charity auction of a 2014 Ford Mustang GT Convertible. The event was MORE >

Automotive Finance Corporation Expands Leadership Team

Published: January 12, 2017

FOR IMMEDIATE RELEASE Automotive Finance Corporation Expands Leadership Team Paul Kramarz hired as Senior Vice President of Risk, and Joe Keadle Promoted to Chief Operating Officer CARMEL, Ind. – January 12, 2017 – Automotive Finance Corporation (AFC), today announced that Paul Kramarz has joined the company as senior vice president of risk, and Joe Keadle MORE >