CARMEL, IN--(Marketwired - May 10, 2016) - ADESA, a business unit of KAR Auction Services (NYSE: KAR), today announced it has successfully completed the acquisition of Sanford Auto Dealers Exchange ...

While much of Carvana’s recent quarterly update focused on its record-setting retail performance, founder and CEO Ernie ...

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Add Yahoo as a preferred source to see more of our stories on Google. Carvana, the online used car marketplace, has agreed to buy Kar Global's Adesa U.S. auction subsidiary for $2.2 billion in cash, ...

Used car e-retailer Carvana’s CVNA $2.2 billion ADESA acquisition is proving to be more than just a bold expansion. It’s becoming a key pillar of the company’s operational improvement and long-term ...

PHOENIX--(BUSINESS WIRE)--ADESA, a leader in wholesale auto, today announced plans for the continued expansion and development of its new, proprietary online auction product, ADESA Clear. ADESA, which ...

The list of Carvana’s combined auction-reconditioning facilities continues to grow. The online used-car retailer announced it ...

Carvana Co. plans to incorporate its own capabilities for readying used vehicles at some of the wholesale vehicle auction sites it acquired in a $2.2 billion deal two years ago. The online ...

John Hammer, president of wholesale auction business ADESA, plans to exit the company at the beginning of February. His departure from the top job at the auction giant comes less than nine months ...

Carvana Co. CVNA shares fell Wednesday as investors positioned ahead of the company's first-quarter earnings report due after ...