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2018

OPENLANE Reimagines Upstream

Published: June 18, 2018

Data Science, AI and Cloud Technology Fuel the Future of Off-Lease Sales OPENLANE, the world’s largest upstream vehicle auction platform, is deploying a cache of industry-only capabilities to help customers monetize vehicles faster, easier and smarter than ever before. OPENLANE is a business unit of global vehicle remarketing and technology services provider KAR Auction Services, MORE >

ADESA Canada Names New Vice President of Dealer Sales

Published: June 13, 2018

New Sales Leader Brings Digital Expertise to Role ADESA, a business unit of global vehicle remarketing and technology solutions provider, KAR Auction Services, Inc. (NYSE: KAR), announces Steve Langdon has been named vice president of dealer sales. “We didn’t have to search far to find our new leader of dealer sales at ADESA Canada. Steve MORE >

ADESA Appoints New General Managers in Chicago and Fresno

Published: June 12, 2018

ADESA, a business unit of global vehicle remarketing and technology solutions provider, KAR Auction Services, Inc. (NYSE: KAR), announces Matt Itami has been named general manager of ADESA Chicago and Cheryl Toler has been named general manager of ADESA Fresno. “At ADESA we continue to invest in improving the customer experience at our physical auctions MORE >

KAR Names New Leader for Autoniq

Published: June 8, 2018

Digital Automotive Expert to Accelerate Mobile App Development and Growth KAR Auction Services, Inc. (NYSE: KAR) a global vehicle remarketing and technology solutions provider announces Joe Oliveri has been named vice president of the company’s Autoniq business unit. Autoniq is an industry leading provider of mobile and digital vehicle pricing and evaluation reports — offering MORE >

KAR Auction Services to Present at Barclays High Yield Bond & Syndicated Loan Conference

Published: May 15, 2018

KAR Auction Services Announces Participation in Upcoming Investor Conference CARMEL, Ind. – May 15, 2018 – KAR Auction Services, Inc. (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor conference: – Barclays High Yield Bond & Syndicated Loan Conference – Eric Loughmiller, executive vice president and MORE >

Built In Chicago Insider Spotlight: Learn how KAR is leading a digital transformation in an old-school industry

Published: May 1, 2018

  Built In Chicago Insider Spotlight article published April 30, 2018: While KAR operates in the old school industry of automotive auctions, it approaches everything with the mindset of a startup. “Our chairman and CEO, Jim Hallett, likes to say ‘we’re disrupting from within,’” said Kayne Grau, who is president of data as a service and KAR MORE >

IAA Opens Branch in Casper, Wyoming and Becomes the Only Salvage Auto Auction with Locations in all 50 States

Published: April 27, 2018

Insurance Auto Auctions, Inc. (IAA), a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services (NYSE: KAR), opens its newest branch in Casper, Wyoming. With its Casper branch opening, IAA is the only salvage auto auction with locations in all 50 states. “We listened to our customers and are giving them MORE >

KAR Auction Services to Announce First Quarter 2018 Earnings

Published: April 24, 2018

For Immediate Release KAR Auction Services, Inc. to Announce First Quarter 2018 Earnings CARMEL, IND. – April 24, 2018 – KAR Auction Services, Inc. (NYSE: KAR) announced today that it will be releasing its first quarter 2018 earnings on Tuesday, May 8, 2018. KAR Auction Services, Inc. will also be hosting an earnings conference call MORE >

ADESA Los Angeles Names New General Manager

Published: April 12, 2018

  CARMEL, Ind. – April 12, 2018 – ADESA, a business unit of global vehicle remarketing and technology solutions provider, KAR Auction Services, Inc. (NYSE: KAR), announces Ted Coates has been named general manager of its ADESA Los Angeles auction. “We didn’t have to search far to find the new leader of ADESA Los Angeles. MORE >

NIADA Announces Diamond National Partnerships with AFC and TradeRev

Published: April 11, 2018

Partnership to Extend Trusted Financing Solutions and Accelerate Digital Transformation for NIADA Members ARLINGTON, Texas – April 11, 2018 – The National Independent Automobile Dealers Association announced that Automotive Finance Corporation (AFC) and TradeRev have been named Diamond National Corporate Partners – the organization’s highest level of corporate affiliation. TradeRev and AFC are business units MORE >

“Accountability, Action & Change in the Automotive Industry”

Published: March 29, 2018

Listen to Becca Polak’s speech Becca Polak Opening Keynote | Women & Automotive Canadian Leadership Forum Thursday, March 29, 2018 Five years ago on a busy day at the office, the CFO of KAR Auction Services, Eric Loughmiller, walked into my office and said he had a gift for me. This is not a usual MORE >

TradeRev Unveils ‘H’ — Artificial Intelligence to Enhance the Digital Auction Experience

Published: March 19, 2018

  New Suite of Machine Learning and Imaging Capabilities Further Empowers Dealers TradeRev, a digital platform that facilitates live, dealer-to-dealer vehicle auctions, announced they will unveil H, the company’s newest suite of artificial intelligence capabilities at next week’s National Auto Dealers Association (NADA) Show 2018 in Las Vegas. TradeRev is a business unit of global MORE >

KAR Auction Services to Present at Bank of America Merrill Lynch 2018 Auto Summit

Published: March 14, 2018

KAR Auction Services Announces Participation in Upcoming Investor Conference CARMEL, Ind. – March 14, 2018 – KAR Auction Services, Inc. (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor conference: – Bank of America Merrill Lynch 2018 Auto Summit – Jim Hallett, chairman and chief executive MORE >

KAR CEO Honored with the Ed Bobit Industry Icon Award

Published: March 9, 2018

Jim Hallett Recognized Among Industry Leaders at the Conference of Automotive Remarketing International Automotive Remarketers Alliance (IARA) and National Auto Auction Association and (NAAA) have awarded KAR Auction Services, Inc. (NYSE: KAR) Chairman and CEO Jim Hallett with its Ed Bobit Industry Icon award. This is the highest personal achievement award given by the IARA MORE >

KAR Pursues Separation of IAA Salvage Auction Business Unit

Published: February 27, 2018

Tax-Free Spin-Off Aimed at Unlocking Shareholder Value Proposed separation will create two independent, publicly traded companies with distinct strengths that position both for continued market leadership and growth Independence will provide greater flexibility to meet the evolving needs of both companies’ unique customers while advancing their respective strategic priorities Simplified financial reporting will allow investors MORE >

ADESA Announces Senior Leadership Changes

Published: February 22, 2018

  ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE: KAR), announced that Paul Lips will take on the newly created position of chief commercial officer for ADESA and Srisu Subrahmanyam will join the ADESA senior management team as chief operating officer. Lips and Subrahmanyam will lead MORE >

ADESA Phoenix Raises More Than $22,000 for Diabetes Research

Published: February 15, 2018

  Six-Year ADESA & Ford Global Action Team Fundraising Partnership Raises More Than $1 Million for JDRF ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE: KAR), announces its ADESA Phoenix location has raised $22,250 for JDRF, a global organization focused on funding research to find a MORE >

ADESA and EMKAY Six-Year Fundraising Partnership Raises More Than $260,000 for JDRF

Published: February 13, 2018

  ADESA, a business unit of global automotive remarketer, KAR Auction Services, Inc. (NYSE: KAR), announces its ADESA auctions and EMKAY, a privately owned fleet management company, together raised $267,000 over a six-year fundraising partnership in support of JDRF. JDRF is the leading global organization funding type 1 diabetes (T1D) research. In 2017 alone, a MORE >

KAR Accelerates Mobility Strategy with Acquisition of STRATIM

Published: February 7, 2018

KAR Auction Services, Inc. (NYSE: KAR), a global vehicle remarketing and technology solutions provider, announced the acquisition of mobility and fleet management software company STRATIM. The addition of STRATIM supplements KAR’s broad portfolio of wholesale used vehicle physical, online and digital auction marketplaces and ancillary service providers. The acquisition also expands the company’s presence into MORE >

KAR Auction Services, Inc. to Announce Fourth Quarter and Full Year 2017 Earnings

Published: February 6, 2018

KAR Auction Services, Inc. (NYSE: KAR) announced today that it will be releasing its fourth quarter and full year 2017 earnings before the market opens on Tuesday, February 20, 2018. KAR Auction Services, Inc. will also be hosting an earnings conference call and webcast on Tuesday, February 20, 2018 at 1:00 p.m. EST (12:00 p.m. MORE >

ADESA Launches First-of-Its-Kind Customer Rewards Program

Published: January 31, 2018

  ADESA, a business unit of KAR Auction Services, Inc. (NYSE: KAR), launches its industry-leading rewards program. ADESA Rewards allows customers to earn points when they purchase qualifying vehicles and specialty units at ADESA U.S. auction locations and on ADESA.com. Customers can use earned reward points as ADESA Dollars toward buy fees on future eligible MORE >

KAR Announces Executive Leadership Change

Published: January 25, 2018

  John Hammer Named President of ADESA   KAR Auction Services, Inc. (NYSE: KAR), a global vehicle remarketing and technology solutions provider, announced that John Hammer has been named as President of the company’s ADESA business unit. The appointment follows the resignation of Stéphane St-Hilaire who led ADESA since early 2014. Hammer is an automotive MORE >

IAA Launches Ignite Auction Channel Brand with Grand Opening of its New Location in Portage, Wisconsin

Published: January 25, 2018

  Insurance Auto Auctions, Inc. (IAA), a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services (NYSE: KAR), launches its newest auction channel offering a more targeted buying and selling platform. Sellers who want a full-service auction company partner can now target non-insurance, clear title, Run & Drive® vehicle segment buyers MORE >

PAR North America Announces Key Leadership Changes

Published: January 25, 2018

  PAR North America, a business unit of global vehicle remarketing and technology solutions provider, KAR Auction Services, Inc. (NYSE: KAR), announces the promotion of several key leaders. PAR North America is a leading U.S. provider of vehicle transition services with coast-to-coast solutions for recovery management, skip tracing, remarketing and title services. The promotions are MORE >