KAR Global Inc. will focus on honing and growing its slate of digital assets as it prepares to sell its massive ADESA U.S. auto auction business to online used-vehicle retailer Carvana — a move that ...

Online used-car retailer Carvana appears to be developing one of its auction and reconditioning “megasites” in northwest ...

For decades, you could walk into an ADESA facility (or any auto auction, for that matter) and generally know what to expect on sale day. A multitude of lanes, each with a block where an auctioneer ...

PHOENIX--(BUSINESS WIRE)-- Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, has signed a definitive agreement to acquire ADESA’s US physical auction business (“ADESA U.S.

Carvana's plan to buy the No. 2 auction company in the U.S. could have major consequences in a segment where competition has long been stable, according to analysts' initial impressions of the pending ...

ADESA Clear, the digital wholesale auction product of Carvana’s auto auction subsidiary, has expanded in a big way. The platform launched in late 2023 and grew regionally last year and the early ...

Carvana Co. said Tuesday it'll pay $2.2 billion for Adesa U.S., the wholesale vehicle auction unit of KAR Auction Services Inc. . The transaction includes 56 Adesa U.S. locations comprising 6.5 ...

PHOENIX--(BUSINESS WIRE)-- ADESA, a leader in wholesale auto auctions and subsidiary of leading online auto retailer Carvana (NYSE: CVNA), today announced new milestones in the expansion of its ...

WESTLAKE, Texas--(BUSINESS WIRE)--defi REMARKETING, the end-to-end remarketing services of defi SOLUTIONS, is announcing its recognition of ADESA Cincinnati/Dayton as its 2021 Auction of the Year.

CARMEL, Ind., Sept. 5 /PRNewswire-FirstCall/ -- ADESA, Inc. (NYSE: KAR), North America's largest publicly traded provider of wholesale vehicle auctions and used ...

FLINT, MI -- An auto auction on Flint’s east side says economic conditions have continued to deteriorate this summer, forcing it to terminate 40 more employees after permanently laying off 133 in June ...

FLINT, MI -- An auto auction that’s been on Flint’s east side for more than 65 years is permanently laying off 133 employees, saying it’s the result of fallout from the coronavirus pandemic. In a ...