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KAR Auction Services

KAR Global Appoints VP of Data Science and Analytics

KAR Auction Services Inc. announces the appointment of Chris Simokat as vice president of data science and analytics.

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KAR Announces Retirement of Remarketing Industry Legend

Tom Caruso leaves 40-Year legacy of company and industry leadership.

KAR Global Names 25-year Legal Veteran as First Chief Privacy Officer

Michelle Bray will expand her responsibilities to include the role of chief privacy officer — the first in company history.

KAR Global Names Lisa Price Its First Chief People Officer

KAR Auction Services Inc. announced that Lisa Price will take on the role of chief people officer.

ADESA Debuts Upgraded User Experience

ADESA Simulcast Remote Seller delivers an upgraded user experience for consignors and dealers to see real-time performance analytics.

PWI Adds Rideshare Coverage to Service Contracts

Preferred Warranties announced a series of enhancements to its vehicle protection plans lineup, including expanded terms and coverage for rideshare customers.

KAR Auction Services Is Now KAR Global

Executives said a wave of acquisitions and new offerings prompted the name change, saying dealers and other automotive industry users are increasingly demanding ‘global’ solutions.

TradeRev to Open New Indianapolis HQ

KAR Auction Services will spend $3.75 million to build a new headquarters for its TradeRev division in downtown Indianapolis’ Century building, the former home of Indiana’s first automaker.

ADESA Appoints Drehs VP of Major Dealer Accounts

Scott Drehs has been named ADESA’s first-ever leader of major dealer accounts after serving as regional vice president of operations for AFC, another KAR Auction Services brand.

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Cornered Fed Announces First Rate Cut Since 2008

Facing new global realities and pressure on multiple fronts, the Federal Reserve cut interest rates for the first time in more than a decade in an attempt to prolong the economic expansion.