While also breaking ground on a brand new site, ADESA revealed a significant acquisition late Wednesday as the auction company secured six facilities from the Premier Auction Group. Included in ...
ADESA president John Hammer says that although the majority of the company’s sales occur online and through its apps, its customers still experience a strong need for the facilities and services at ...
The majority of dealers who buy used vehicles listed for sale on ADESA's online platforms come from areas where the auction company has physical auction locations. That's why ADESA's parent, KAR ...
Carvana Co. plans to incorporate its own capabilities for readying used vehicles at some of the wholesale vehicle auction sites it acquired in a $2.2 billion deal two years ago. The online ...
Carvana, the online used car marketplace, has agreed to buy Kar Global's Adesa U.S. auction subsidiary for $2.2 billion in cash, an acquisition aimed at adding another revenue stream as well as a ...
Carvana expands ADESA Long Island with a new inspection and reconditioning center, boosting inventory, speed, and creating 100 local jobs.
ADESA Corp.’s Commercial Remarketing Services - the heavy-duty truck and equipment arm of the ADESA auction chain - has formed a partnership with the Used Truck Association. The alliance is intended ...
Carmel-based auto auction Adesa Inc. said yesterday that it intends to buy the 82 percent of Live Global Bid Inc. it doesn’t already own. Headquartered in Moose Jaw in the Canadian province of ...
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 ...
Vehicle auction giant Adesa Inc., which already pays one of the richest sums to its directors of any local company, has jacked up its annual board retainer 50 percent. Meanwhile, the Carmel-based ...