ADESA Empowers Buyers with % to Retail Feature
New Badge on ADESA Listings Estimates Potential Profit in Competitive Market
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CARMEL, Ind., May 25, 2021 /PRNewswire/ ADESA, a business unit of global wholesale used vehicle digital marketplace operator KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), announces the launch of its proprietary % to Retail functionality. All 24/7 bid/buy vehicle listings on ADESA s digital marketplace now showcase the current bid of the vehicle compared to the estimated national used retail market price. % to Retail is powered by autoniq®, a sister company to ADESA and a leading source for app-based vehicle pricing and evaluation information. The new feature is aimed at helping dealers quickly analyze vehicle pricing and make better informed decisions on the best inventory for their lot.
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KAR Global Announces Participation in Upcoming Investor Conference
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CARMEL, Ind., March 3, 2021 /PRNewswire/ KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor conference:
Stephens Best Ideas Virtual Conference
Executive Vice President and Chief Financial Officer, Eric Loughmiller and Treasurer and Vice President Investor Relations, Mike Eliason will be participating on Wednesday, March 10, 2021 at 11:00 am Eastern
Webcast of the presentation will be made available under the investor relations section of the company s website, karglobal.com.
KAR Contacts
About KAR
KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR Global s unique end-to-end platform supports whole car, financing
Peter Kelly to Lead KAR Global as Chief Executive Officer
Jim Hallett Will Serve as Executive Chairman After Transition of Management Responsibilities
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CARMEL, Ind., March 2, 2021 /PRNewswire/ KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces that Peter Kelly will assume the role of Chief Executive Officer effective April 1, 2021. Kelly has served as KAR Global s president since 2019 and succeeds Jim Hallett who has led the company as CEO since 2009 and became Chairman in 2014. Hallett will become executive chairman of KAR Global and continue to advise the company on strategic and customer and investor relations matters. Hallett will continue serving as Chairman of the KAR Global Board of Directors, with Kelly being named as a new director beginning April 1, 2021.