KAR Auction Services was founded in 2006 in Indiana.
The company, together with its subsidiaries, provides auction services in North America. KAR operates through three main divisions: ADESA, a used vehicle wholesaler, Insurance Auto Auctions, an auction company that deals with salvage, and Automotive Finance Corporation, a capital funding business that caters to car dealers.
KAR has 230 physical auction locations and also sells online.
KAR Auction Services trades publicly on the New York Stock Exchange under the ticker symbol KAR, is #918 in the Fortune 1000, has 9,450 employees, and had $2.36 billion in revenue in 2014.
KAR Auction ServicesKAR Auction Services was founded in 2006 in Indiana.
The company, together with its subsidiaries, provides auction services in North America. KAR operates through three main divisions: ADESA, a used vehicle wholesaler, Insurance Auto Auctions, an auction company that deals with salvage, and Automotive Finance Corporation, a capital funding business that caters to car dealers.
KAR has 230 physical auction locations and also sells online.
History
KAR Auction Services trades publicly on the New York Stock Exchange under the ticker symbol KAR, is #918 in the Fortune 1000, has 9,450 employees, and had $2.36 billion in revenue in 2014.