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KAR Auction Services Inc (KAR)

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Last Post: 6/28/2019 2:30:26 PM - Followers: 3 - Board type: Free - Posts Today: 0

KAR Auction Services, Inc. is a holding company. It is a provider of vehicle auction services in North America. It provides auction services for sellers of used, or whole car, vehicles and salvage vehicles, through its 229 physical auction locations and Internet venues. Its revenues are generated, through auction fees from both vehicle buyers and sellers, as well as by providing ancillary services, including inspections, storage, transportation, reconditioning, salvage recovery, titling, and floorplan financing. The Company operates in three business segments: ADESA Auctions (ADESA), Insurance Auto Auctions, Inc. (IAAI) and Automotive Finance Corporation (AFC). During 2010, it acquired six used vehicle auctions, two processors of charity donation vehicles, which are primarily sold through salvage operations, a loan servicing company focused on servicing loans made by automobile lenders. In October 2011, the Company acquired OPENLANE, Inc. http://www.google.com/finance?q=KAR
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KAR News: TradeRev Integrates "Buy Now" and "Third Party Inspected" Features, Further Improves Dealer In-App End-to-End Experience 07/10/2019 09:20:00 AM
KAR News: Statement of Changes in Beneficial Ownership (4) 07/03/2019 02:39:30 PM
KAR News: Current Report Filing (8-k) 07/03/2019 01:31:43 PM
KAR News: Current Report Filing (8-k) 06/28/2019 04:43:47 PM
KAR News: KAR Completes Spin-Off of IAA Salvage Auction Business 06/28/2019 10:06:00 AM