After completion of spin-off, KAR will focus primarily on its whole car auction marketplaces and technology solutions serving OEMs, captive financing companies, vehicle lending institutions, fleets, ...

KAR Auction Services leaders say spinning off the company's salvage auction unit — now set for completion in June — will help each of its auction businesses be more focused while returning value to ...

The upcoming Insurance Auto Auctions spinoff is good news for current KAR stockholders. IAA is a terrific business with fantastic economics, which means that the transaction could potentially unlock a ...

CARMEL, Ind., June 28, 2019 /PRNewswire/ -- KAR Auction Services Inc. (NYSE: KAR), a global automotive remarketing and technology services provider, announced today that it successfully completed its ...

Insurance Auto Auctions rolled out its newest tool on Tuesday — IAA Loss Advisor — which the business unit of KAR Auction Services highlighted as a solution that can help insurance claims staff. The ...

On April 1, 2019, KAR Auction Services, Inc. (NYSE: KAR, $55.98, Market Capitalization: $7.5 billion), a leading provider of whole car & salvage vehicle auction services and technology-enabled ...

Negative equity can be significant hurdle to clear when dealerships handle trades, as Edmunds recently reported 7.7% of trade-ins toward a new-vehicle purchase during the second quarter were upside ...

The totaled auto auction industry is a lucrative market with many tailwinds. 80% of the market is split between Copart and IAA, making it a Duopoly. The companies differentiate each other in their ...

A top Ritchie Bros. Auctioneers Inc. shareholder is opposing a takeover of auto salvage and parts auction company IAA Inc., a business it calls "distinctly inferior." Luxor Capital Group, which owns ...

SAN MATEO, Calif. & WESTCHESTER, Ill.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) and IAA, an RB Global, Inc. company (NYSE: RBA) (TSX: RBA), announced that IAA’s new Ready for Guidewire validated ...

DETROIT (Reuters) - Vehicle auction company KAR Auction Services Inc said on Tuesday it will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus ...