ADESA, a business unit of KAR Auction Services , today announced it has successfully completed the acquisition of Sanford Auto Dealers Exchange in Sanford, Florida.

Carvana Co. said Thursday it posted a net loss of $439 million in the quarter ending June 30 — a far cry from its landmark $45 million profit one year ago but smaller than its $506 million ...

ADESA, a business unit of KAR Auction Services , today announced it has signed a definitive agreement to acquire Sanford Auto Dealers Exchange in Sanford, Florida.

ADESA Clear, the digital wholesale auction product of Carvana’s auto auction subsidiary, has expanded in a big way. The platform launched in late 2023 and grew regionally last year and the early ...

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 ...

Apollo Global Management Inc. tossed a lifeline to Carvana Co. by offering to buy roughly half of a struggling junk-bond sale that will help the used-car retailer fund an acquisition and make new ...

ADESA is looking to make returning a vehicle back to the auction as easy as what dealers might experience when those shoes or pants just don’t fit correctly. On Wednesday, the business unit of KAR ...

PHOENIX--(BUSINESS WIRE)--ADESA, a leader in wholesale auto auctions and a subsidiary of leading online auto retailer Carvana (NYSE: CVNA), today announced the expansion of its CarValue™ vehicle ...