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 ...

Manheim held its most successful back-to-school fundraising campaign ever. Cox Automotive’s auction chain brought in $519,788 ...

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 ...

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 ...

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 ...

Carmel-based KAR Holdings Inc., the parent of Adesa Auction Services, today posted a fourth-quarter loss of $49.3 million on $396.2 million in revenue for the period ending Dec. 31. KAR’s loss widened ...

PHOENIX, April 30, 2025--(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 ...

Carvana, the online buyer and seller of used cars, is bringing Inspection and Reconditioning Center (IRC) capabilities to its existing ADESA Long Island wholesale auction site in Yaphank.

When ADESA said it planned to enhance its online auctions, the announcement barely scratched the surface of what is to come. Even now, with many of the improvements in pilot mode, the eventual scope ...

FRAMINGHAM (CBS) – Eight people were injured after an elderly man crashed a BMW SUV inside a Framingham vehicle auction facility Friday. Several ambulances were called to ADESA Boston on Western Ave.

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 ...