Tag Archives: Adesa

ADESA Great Lakes

ADESA has acquired Great Lakes (RV/Marine/Powersports) Auctions and it is now ADESA Great Lakes. Might be a good source of freight for the guys set up for RV, motorcycles etc. Not too much there to interest the 10-car haulers I don’t … Continue reading

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ADESA comes to las Vegas

ADESA  announced that it is breaking ground on a major construction project in Las Vegas with a brand-new whole car auction facility. Named ADESA Las Vegas, the site located just 10 miles north of the famous Las Vegas strip will … Continue reading

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ADESA Barrett-Jackson alliance

ADESA today announced that it has entered into a strategic alliance with the Barrett-Jackson Auction Company, the “World’s Greatest Collector Car AuctionsTM.” “It’s an honor to work with the world’s most prestigious collector car auction chain that also hosts highly … Continue reading

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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

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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

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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

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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.”

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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

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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

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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

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