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 ...
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 ...
ADESA Clear to add Selection, Features, and Geographic Reach in 2025 PHOENIX--(BUSINESS WIRE)-- ADESA, a leader in wholesale auto, today announced plans for the continued expansion and development of ...
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 ...
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 ...
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 that’s been on Flint’s east side for more than 65 years is permanently laying off 133 employees, saying it’s the result of fallout from the coronavirus pandemic. In a ...
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 ...
PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the leading e-commerce brand for buying and selling used cars, announces the $2.2B acquisition of ADESA’s U.S. physical auction business (“ADESA U.S.”) ...