KAR Global
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KAR Global

https://www.karglobal.com/
Last activity: 24.05.2024
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Categories: AutomationBusinessFinTechInsurTechInvestmentOnlinePhysicalRentalVehiclesWholesaler
KAR Global (NYSE:KAR) is a Fortune 1000 company headquartered in the Indianapolis suburb of Carmel, Indiana, with 10,000 employees across the United States, Canada, Mexico, the United Kingdom and Europe. Our diverse team helps the world’s largest automotive manufacturers, financial institutions, insurance companies and dealer groups buy, sell and trade used vehicles. In 2018 we facilitated nearly 3.5 million transactions valued at over $40 billion through our physical, online, and digital/mobile auction marketplaces.

The KAR group of companies comprises more than 20 brands, including ADESA, AFC and additional business units. ADESA operates 74 wholesale used vehicle auctions. AFC provides inventory financing and comprehensive business services to primarily independent used vehicle dealers from its 127 locations.

Together, KAR’s complementary businesses provide support, technology and logistics for the used vehicle industry. For the latest news and insights, follow us on Twitter @KARspeaks.
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Location: United States, Indiana, Carmel
Employees: 10001+
Phone: +1 800-923-3725
Total raised: $550M
Founded date: 2006

Investors 1

DateNameWebsite
10.06.2021PFR Ventur...pfrventure...

Funding Rounds 1

DateSeriesAmountInvestors
26.05.2020-$550MApax Partn...

Mentions in press and media 61

DateTitleDescription
24.05.2024Indiana 250: Daniel Elsener-
12.04.2024Indiana’s tech sector saw boost in venture investing activity in 1Q, report says-
14.03.2024OPENLANE Announces Participation in Upcoming Investor ConferenceCARMEL, Ind., March 14, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the BofA Securities Automotive Summit 2024 on Wednesday, Mar. 27, 2024, at ...
11.02.2022KAR Auction Services, Inc. to Announce Fourth Quarter and Full Year 2021 EarningsCARMEL, Ind., Feb. 11, 2022 /PRNewswire/ -- KAR Auction Services, Inc., d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter and full year 2021 financial resul...
08.02.2022KAR Auction Services : ADESA Enhances Customer Experience with Simplified Online Self-Checkout in CanadaAll-New Purchases Page Brings Greater Speed, Simplification and Centralization to Buying on ADESA ADESA, a business unit of global wholesale used vehicle digital marketplace operator KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), ...
03.02.2022Auto Remarketing: ADESA launching upgraded condition reportsADESA said Tuesday it is launching a more comprehensive condition report designed to help dealers "buy with confidence." The enhanced reports feature an upgraded photo gallery that includes a dedicated damages section, easier-to-f...
01.02.2022KAR Auction Services : ADESA Rolls Out New Condition ReportsEmpowers Dealers to Make Smarter and Faster Buying Decisions ADESA, a business unit of global wholesale used vehicle digital marketplace operator KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), announces more comprehensive conditio...
25.01.2022KAR Global Licenses Privacy and Security Training Program for Use by NAAA Member AuctionsFREDERICK, Md. and CARMEL, Ind., Jan. 25, 2022 /PRNewswire/ -- The National Auto Auction Association (NAAA) along with KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used ...
22.12.2021KAR Auction Services : CarsArrive Network Launches Platform Enhancements for Seamless User ExperienceCarsArrive Network, a business unit of global wholesale used vehicle digital marketplace operator KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR), announces the evolution of its technology platform, creating a more seamless user e...
16.12.2021KAR Auction Services : New General Managers Announced at Eight ADESA LocationsADESA, a business unit of global wholesale used vehicle digital marketplace operator KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), announces new general managers at eight U.S. locations: Michele Arguijo at ADESA Austin, Amy Coley...
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