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 ...

KAR Global said Monday that Black Book’s VIN decoding and pricing algorithms have been integrated with KAR’s digital offerings. This means that automakers, dealers and others in the auto industry will ...

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 ...

After listening to customers, and losing some business to competitors, KAR Global has reversed course on keeping cars out of auction lanes. The company said it is piloting in-lane sales at 11 ADESA ...

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 ...