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 ...

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 ...

CARMEL, Ind., April 16, 2019 /PRNewswire/ -- ADESA, a business unit of global vehicle remarketing and technology solutions provider KAR Auction Services, Inc. (NYSE: KAR), announces the launch 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 ...