Company Data
OPENLANE Inc.
Ticker
KAR
Current Price
$26.29 -1.87%
Market Cap
$2.8B
Price Target
Refer to Report
Volume
580.4K
52wk Range
$15.44 - $30.93
Overview
KAR Auction Services Inc offers a total package for wholesale-used car transactions, from salvage and used-car auctions to a broad range of financial and logistical support. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. Kar has two business units in the United States and Canada: Adesa, and Automotive Finance. Adesa operates used-vehicle auctions and offers complete online services for all parties involved. Automotive Finance provides inventory financing and business services, mainly to independent used-vehicle dealers.