Carmel-based KAR Auction Services Inc. is a colossus in the used-car auction business, with more than $3 billion in revenue and 17,000 employees. That might sound like a low-tech industry, and one ...

KAR Auction Services said late Tuesday afternoon that it is pursuing a spin-off of its Insurance Auto Auctions business unit. KAR said in a news release the proposed tax-free spin-off is designed to ...

More details arrived on Tuesday from KAR Auction Services with regard to its presence in the repossession and recovery spaces. According to a news release, KAR announced a consolidated management team ...

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Carmel-based KAR Auction Services Inc. announced Wednesday morning that it has agreed to acquire a European online auto-auction company for at least $103 million. KAR already operates more than 250 ...

KAR Auction Services Inc. said Wednesday it has agreed to buy Belgium-based online auction company CarsOnTheWeb for about 156 million euros ($176 million). The potential purchase price includes 91 ...

KAR Auction Services, a holding company for used vehicle auctioneer ADESA, Automotive Finance Corp. and Insurance Auto Auctions, a firm that resells total-loss vehicles, has purchased the vehicle ...

On April 1, 2019, KAR Auction Services, Inc. (NYSE: KAR, $55.98, Market Capitalization: $7.5 billion), a leading provider of whole car & salvage vehicle auction services and technology-enabled ...

Cox Automotive and KAR Auction Services Inc., owners of the two largest U.S. auction groups, each want to grow and diversify in the face of a rapidly evolving industry. But their approaches are quite ...