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Tag Archives: Adesa
ADESA is going public
According to a press release by KAR Holdings the parent company of ADESA KAR Holdings, Inc., a leading provider of wholesale used vehicle and salvage auction services in North America, announced today that it has filed a registration statement with … Continue reading
ADESA gets new CEO effective immediately
KAR Holdings, Inc. announced in a press release yesterday that Tom Caruso, ADESA, Inc.’s Chief Operating Officer, will assume his new role as Chief Executive Officer and President of ADESA effective immediately. Tom Caruso commented, “I look forward to the … Continue reading
Wild day at ADESA golden Gate
This is off of Tracy Press: A man was arrested Wednesday for allegedly threatening a co-worker with a knife, according to witnesses and the San Joaquin County Sheriff’s Office. Sheriff’s deputies say Saul Garcia, 35, told a younger co-worker that … Continue reading
KAR Holdings (ADESA) hires new CEO for Automotive Finance Corporation (AFC)
According th their press release: “Don Gottwald has been named AFC’s new president and CEO, effective immediately. Gottwald will report directly to KAR Holdings, Inc.’s Chairman and CEO, Brian Clingen.”
Adesa and IAA doing good during economic downturn
According to a press release from the auto channel: CARMEL, Ind. November 13, 2008: AR Holdings, Inc. today reported its third quarter financial results for the three months ended September 30, 2008. For the third quarter of 2008, the company … Continue reading
Adesa announces sale of seven auctions
The official statement off of their site: Carmel, IN, September 9, 2008 – KAR Holdings, Inc. announced today the completion of the sale and leaseback of land at seven used vehicle auctions located in the states of California, Florida, Texas … Continue reading
KAR Holdings, Inc. Reports Second Quarter 2008 Results
This just off of marketwatch.com: Last update: 4:27 p.m. EDT Aug. 12, 2008 CARMEL, Ind., Aug 12, 2008 (BUSINESS WIRE) — KAR Holdings, Inc. today reported its second quarter financial results for the three months ended June 30, 2008. For … Continue reading
Truck missing from Adesa Ocala Auction
when I saw this on Ocala.com I thought it was a bit unusual to be relaying 11 vehicles one of which is a f-250. I’m thinking it may have been more than one ruck that dropped them and more than … Continue reading
ADESA to Acquire Internet-Based Auction Software Company, Live Global Bid
This is off of Business Wire ADESA, Inc. today announced that it plans to acquire Live Global Bid, Inc. (“LGB”), a leading provider of Internet-based auction software and services, on June 30, 2008. The LGB technology allows auction houses to … Continue reading
ADESA DALLAS has a lot going on.
Having just completed a successful test of a real time vehicle locater system at their facility in Mesquite, TX they have now signed a deal to build a new facility in Hutchins, TX. According to the Dallas Business Journal they … Continue reading