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KAR Completes Spin-Off of IAA Salvage Auction Business

Published: June 28, 2019

KAR Auction Services Inc. (NYSE: KAR), a global automotive remarketing and technology services provider, announced today that it successfully completed its previously announced separation of IAA, Inc. (“IAA”). IAA is now an independent public company, trading on the New York Stock Exchange under the ticker symbol “IAA.” In early 2018, KAR announced the proposed separation MORE >

KAR Launches Future of Online Car Sales as ADESA Europe

Published: June 26, 2019

CarsOnTheWeb Undergoes Rebrand as Newly Integrated KAR Business Unit KAR Auction Services Inc. (NYSE: KAR), a global vehicle remarketing and technology solutions provider, launches its ADESA Europe digital auction, a rebranding of Belgium-based CarsOnTheWeb (COTW). Acquired by KAR in February 2019, COTW is now fully integrated into the KAR family. The ADESA Europe brand extends MORE >

PAR North America Names New Sales Leader

Published: June 25, 2019

Vice President Brings Nearly Two Decades of Sales and Finance Experience PAR North America (PAR), a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services Inc. (NYSE: KAR), announces Drew Shull was named vice president of sales and client experience. PAR is a leading U.S. provider of vehicle transition services with MORE >

IAA Opens Third Branch in Houston Metro Area

Published: June 13, 2019

Company Continues Growth with 17th Branch in Texas Insurance Auto Auctions Inc. (IAA), a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services Inc. (NYSE: KAR), announces the opening of its third location in the Houston metro area and the 17th branch in the state to accommodate increased customer needs. The MORE >

Preferred Warranties Inc. Energizes Sales Strategy with New Vice President of Sales

Published: June 12, 2019

Preferred Warranties Inc. (PWI), a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services Inc. (NYSE: KAR), announces Allison Marley as the company’s new vice president of sales. In this role, Marley will lead the PWI sales and training team, interact with key customers and partners and activate the national sales MORE >