Carvana Co. said Thursday it posted a net loss of $439 million in the quarter ending June 30 — a far cry from its landmark $45 million profit one year ago but smaller than its $506 million ...

ADESA, a business unit of KAR Auction Services , today announced it has successfully completed the acquisition of Sanford Auto Dealers Exchange in Sanford, Florida.

ADESA is looking to make returning a vehicle back to the auction as easy as what dealers might experience when those shoes or pants just don’t fit correctly. On Wednesday, the business unit of KAR ...

ADESA announced that the company’s 68 North American auction locations will observe National Auto Auction Week, which is scheduled for Aug. 20 through Aug. 24. The company recapped that National Auto ...

ADESA, a business unit of KAR Auction Services , today announced it has signed a definitive agreement to acquire Sanford Auto Dealers Exchange in Sanford, Florida.

CARMEL, Ind.--(BUSINESS WIRE)--ADESA, one of the leading wholesale auction providers in the U.S., announces the launch of a new condition report feature to showcase battery performance of electric ...

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

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

CARMEL, Ind., Dec. 7, 2021 /PRNewswire/ -- ADESA, a business unit of global wholesale used vehicle digital marketplace operator KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), and CoreKinect, ...

With a hot used-vehicle market continuing into 2020, one challenge for dealers is obtaining inventory. KAR Global Inc.'s ADESA auction unit has been testing a program that does the buying for dealers ...

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 ...

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 ...