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Transporters, banks, vehicle lenders and financial institutions will benefit from new enhancements including migration from on-premise servers to the cloud, as well as the ability to rollout new features or bug fixes with minimal down time.
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New offering empowers OEM’s, dealers, industry providers and consumers with industry-leading VIN specific guaranteed trade-In values.
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The acquisition builds on KAR’s fast growth in the dealer-to-dealer segment.
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With the addition of CARWAVE’s scale and financial performance, KAR expects to be immediately profitable across its North American dealer-to-dealer platforms.
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Daily Tab offering provides simple and convenient solution to dealers.
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U.S. migration to BacklotCars offers greater transparency and better outcomes for sellers and buyers.
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Creation of Customer Experience Center of Operational Excellence to further optimize the digital buyer and seller journey.
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Additional dealer-to-dealer platform will enhance customer choice, transparency and convenience.
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Three internal promotions streamline operations and strengthen customer partnerships, delivering comprehensive solutions across KAR brands.
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KAR Global is halting physical sale operations across North America at all ADESA auction locations, including Simulcast-only sales for at least the next two weeks.
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