KAR Auction Services said late Tuesday afternoon that it is pursuing a spin-off of its Insurance Auto Auctions business unit. KAR said in a news release the proposed tax-free spin-off is designed to ...

Editor's Note: This is the second in a three-part series on the auto auction operations of KAR Auction Services. Part I discusses the focus on revenue per unit at ADESA and Part III discusses ...

CARMEL, IN--(Marketwired - Apr 1, 2016) - KAR Auction Services, Inc. ( ) announced today that its subsidiary, ADESA, Inc., has successfully completed the acquisition of eight auctions owned by the ...

Carmel-based KAR Auction Services Inc. on Tuesday afternoon said it plans to spin off its Insurance Auto Auctions salvage auction business unit within the next year, creating a separate publicly ...

Carmel-based KAR Auction Services Inc. is a colossus in the used-car auction business, with more than $3 billion in revenue and 17,000 employees. That might sound like a low-tech industry, and one ...