KAR Auction Services Inc

Type: Company
Name: KAR Auction Services Inc
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

KAR Auction Services Personnel Changes

KAR Auction Services announced management changes within the IT Shared Services (ITSS) department, including the promotion of Chris Seitz to the newly created position of vice president. ITSS develops and supports numerous information technology initiatives ... [Published Vehicle Remarketing - Oct 18 2014]
First reported Oct 15 2014 - Updated Oct 16 2014 - 1 reports

Insider Selling: KAR Auction Services Insider Sells 3,075 Shares of Stock (KAR)

KAR Auction Services (NYSE:KAR) Insider Thomas J. Caruso sold 3,075 shares of KAR Auction Services stock on the open market in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $27.00, for a total transaction of $83,025.00. ... [Published Mideast Time - Oct 15 2014]
First reported Oct 16 2014 - Updated Oct 16 2014 - 1 reports

Kitchener’s Leader in Vehicle Remarketing – Find Yours Here!

Adesa Public Auctions in Ayr, Ontario, has been the vehicle remarketing leader for more than 20 years!Adesa entered the vehicle redistribution industry in1989, and became a public company in 1992 until 1996 when it was acquired by Allete Inc. In 1997, ... [Published Cambridge Times Ontario - Oct 16 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 2 reports

Auction Prices Fall for 5th Consecutive Month

, 11:57 AM UPDATED 5:13 PMCARMEL, Ind. -Wrapping up what would be the , wholesale prices softened once again last month.According to the September installation of ADESA chief economist’s Kontos Kommentary, this marked the fifth month in a row auction ... [Published Auto Remarketing - Oct 15 2014]
First reported Oct 13 2014 - Updated Oct 13 2014 - 1 reports

KAR AUCTION SERVICES : Announces IT Management Changes

CARMEL, Ind.-KAR Auction Services (NYSE: KAR) today announced management changes within the IT Shared Services (ITSS) department, including the promotion of Chris Seitz to the newly created position of vice president. ITSS develops and supports numerous ... [Published 4 Traders - Oct 13 2014]
First reported Oct 09 2014 - Updated Oct 09 2014 - 1 reports

KAR AUCTION SERVICES : The INTERVIEW issue: Jim Hallett: CEO, KAR Auction Services Inc.

The life of KAR Auction Services CEO Jim Hallett is a classic tale of rags to riches. Raised in a village in Ontario, Canada , his father died when he was 8 months old, leaving his mother, who never remarried, with three small children. Hallett got into ... [Published 4 Traders - Oct 09 2014]
First reported Oct 04 2014 - Updated Oct 04 2014 - 1 reports

ADESA Announces Updated DealerBlock Fee Structure

ADESA , a business unit of KAR Auction Services, announced a new fee structure for vehicles purchased in open sales on DealerBlock, the company’s online marketplace for 24/7 access to bid-now events or buy-now inventory. Customers will find the fees, ... [Published Vehicle Remarketing - Oct 04 2014]
First reported Oct 01 2014 - Updated Oct 01 2014 - 1 reports

ADESA Simplifies DealerBlock Fee Structure

Wednesday, Oct. 01, 2014, 03:40 PM UPDATED 4:10 PMCARMEL, Ind. -KAR Auction Services’ business unit ADESA announced this week the new fee structure for open sales on DealerBlock. Those using the company’s 24/7 online marketplace for bid-now events or ... [Published Auto Remarketing - Oct 01 2014]
First reported Oct 01 2014 - Updated Oct 01 2014 - 1 reports

KAR Auction acquires half ownership in TradeRev

Details Hits: 5 View CommentsCarmel, Indiana-based KAR Auction Services, Inc., a provider of used vehicle auction services, disclosed that its business unit ADESA has acquired a 50 percent stake in Toronto-based Nth Gen Software Inc. (TradeRev) ... [Published American Recycler - Oct 01 2014]
First reported Sep 29 2014 - Updated Sep 30 2014 - 3 reports

ADESA Launches New Marketplace Mobile App

CARMEL, IN -- (Marketwired) -- 09/29/14 -- ADESA, a business unit of KAR Auction Services (NYSE:KAR), today announced the launch of its Marketplace mobile app, available for free for iPhone and iPad users.Registered auto dealers can use this tool to find, ... [Published Nasdaq - Sep 29 2014]
First reported Sep 23 2014 - Updated Sep 23 2014 - 2 reports

KAR Auction Services Announces Participation in Upcoming Investor Conference

- KAR Auction Services, Inc. (NYSEWebcast of the presentation will be made available under the investor relations section of the company's web site, www.karauctionservices.com.About KAR Auction Services KAR Auction Services, Inc. (NYSEADESA operates 65 ... [Published Digital Journal - Sep 23 2014]
First reported Sep 23 2014 - Updated Sep 23 2014 - 1 reports

KAR Auction Services : High Tech Locksmiths Exceeds 2 Million Keys Made Milestone

Carmel, Ind.-KAR Auction Services, Inc. (NYSE: KAR), a provider of used vehicle auction services, today announced that subsidiary company High Tech Locksmiths (HTL) has hit an impressive milestone, having cut more than 2 million keys for customers. HTL ... [Published 4 Traders - Sep 23 2014]

Quotes

"September’s modest year-over-year increase in average prices reflects a higher percentage of institutional sales of late-model vehicles this year versus last, and therefore, masks the softness in prices seen by looking at those sales on a disaggregated basis" Kontos explained
"I'm very excited about these changes," said KAR Chief Information Officer of IT Shared Services Gary Watkins. "Our new service delivery model streamlines responsibility for all aspects of IT Shared Services while creating additional leadership positions, supporting career growth and allowing IT Shared Services to scale in size."
"..The amount we invest in technology in a quarter is more than these guys generate in revenue in a year. So how do you -- that's not a boastful statement by any stretch, that's just a factual statement. How do you compete with the investment and generating the technology, the returns and then being competitive on price? It becomes very, very difficult to do that."
...They liked my energy and enthusiasm, and my ability to communicate with all types of people. I remember telling them during my interview, "It doesn't matter who walks in here - businessman in a silk suit or a farmer in overalls - I can relate to him based on where I grew up and how I was raised."

More Content

All (89) | News (64) | Reports (0) | Blogs (19) | Audio/Video (0) | Fact Sheets (2) | Press Releases (4)
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KAR Auction Services Personnel Changes [Published Vehicle Remarketing - Oct 18 2014]
Biggest Movers in Services Stocks Now – RLGY DW... [Published InvestorPlace.com - Oct 17 2014]
Kitchener’s Leader in Vehicle Remarketing – Fin... [Published Cambridge Times Ontario - Oct 16 2014]
Insider Selling: KAR Auction Services Insider S... [Published Mideast Time - Oct 15 2014]
Auction Prices Fall for 5th Consecutive Month [Published Auto Remarketing - Oct 15 2014]
Kontos: Wholesale Used-Vehicle Prices Soften Ag... [Published F&I Management & Technology - Oct 15 2014]
KAR AUCTION SERVICES : Announces IT Management ... [Published 4 Traders - Oct 13 2014]
Copart: Junk Cars Is A Great Business [Published Seeking Alpha - Oct 13 2014]
MANVILLE: Police report incidents of shopliftin... [Published Manville News - Oct 11 2014]
Donald L. Hennon [Published Sharon Herald - Oct 11 2014]
Auto Remarketing "Auction roundup: Enterprise a... [Published Auto Remarketing - Oct 10 2014]
KAR AUCTION SERVICES : The INTERVIEW issue: Jim... [Published 4 Traders - Oct 09 2014]
Enterprise Honors 2014 Auction Achievement Winners [Published Auto Rental News - Oct 08 2014]
Power Supply: Used-Price Relief On The Horizon [Published Auto Remarketing - Oct 06 2014]
Meet the Mayors outlines vision for central Som... [Published Messenger Gazette - Oct 06 2014]
AFSA Adds 4 New Members to Board of Directors [Published Auto Remarketing - Oct 06 2014]
POLICE BLOTTER: Oct. 2 [Published Manville News - Oct 04 2014]
ADESA Announces Updated DealerBlock Fee Structure [Published Vehicle Remarketing - Oct 04 2014]
Pedal-Car Auction Brings in Over $500K for NAAA... [Published Auto Remarketing - Oct 02 2014]
Recovery Database Network names president [Published Individual.com - Oct 02 2014]
ADESA Simplifies DealerBlock Fee Structure [Published Auto Remarketing - Oct 01 2014]
2014 Annual Auction Achievement Awards from Wor... [Published Indianapolis Business Journal - Oct 01 2014]
KAR Auction acquires half ownership in TradeRev [Published American Recycler - Oct 01 2014]
Auction Price Movement a Mixed Bag in August [Published Auto Remarketing - Sep 29 2014]
Events for the Week of Aug. 29-Oct. 3 [Published Fat Pitch Financials - Sep 29 2014]
ADESA Launches New Marketplace Mobile App [Published Nasdaq - Sep 29 2014]
ADESA Launches New Marketplace Mobile App [Published Stockboard Media Inc. - Sep 29 2014]
ADESA Launches New Marketplace Mobile App [Published Marketwire - Breaking News Releases - Sep 29 2014]
Are Cars About to Crash? [Published HoweStreet.com - Sep 27 2014]
More Awards from NAAA Convention [Published Auto Remarketing - Sep 26 2014]
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Blogs

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ADESA Launches New Marketplace Mobile App [Published Marketwire - Breaking News Releases - Sep 29 2014]
CARMEL, IN--(Marketwired - Sep 29, 2014) - ADESA, a business unit of KAR Auction Services (NYSE: KAR), today announced the launch of its Marketplace mobile app, available for free for iPhone and iPad users. ...
KAR Auction Services Announces Participation in... [Published Marketwire - Breaking News Releases - Sep 23 2014]
CARMEL, IN--(Marketwired - Sep 23, 2014) - KAR Auction Services, Inc. (NYSE: KAR) today announced its participation in the following investor conference which will also be available via live audio webcast: ...
Paine & Partners’ founding partner becomes head... [Published PE Hub Blog - Sep 03 2014]
Global law firm Freshfields Bruckhaus Deringer has appointed two head of department attorneys to the firm’s New York office. Mitchell Presser becomes head of Freshfields’ US M&A practice and James Douglas joins as head of the firm’s US leveraged finance ...
KAR Auction Services Announces Participation in... [Published Marketwire - Breaking News Releases - Aug 27 2014]
CARMEL, IN--(Marketwired - Aug 27, 2014) - KAR Auction Services, Inc. (NYSE: KAR) today announced its participation in the following investor conference which will also be available via live audio webcast: ...
KAR Auction Services, Inc. Announces Participat... [Published Marketwire - Breaking News Releases - Aug 06 2014]
CARMEL, IN--(Marketwired - Aug 6, 2014) - KAR Auction Services, Inc. (NYSE: KAR) today announced its participation in the following investor event which will also be available via live audio webcast: ...
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Press Releases

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Commercial Services and Supplies Stocks under R... [Published Financial Services - Jul 25 2014]
Acquisitions, Branch Opening, Promotions, and D... [Published Financial Services - Jun 25 2014]
Esteemed Recognitions, Mergers, Appointments, a... [Published Financial Services - Jun 17 2014]
Earning Results, Conference Call Schedules, and... [Published Financial Services - May 29 2014]
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