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 ...
Online used-vehicle retailer Carvana, pressed in recent months to expand its vehicle reconditioning capacity, said Thursday it plans to buy the ADESA U.S. physical wholesale auction business from KAR ...
Carvana's plan to buy the No. 2 auction company in the U.S. could have major consequences in a segment where competition has long been stable, according to analysts' initial impressions of the pending ...
This is a developing story and will continue to be updated. KAR Global has signed a definitive agreement to sell all of its ADESA physical auction business in the U.S. to Carvana for $2.2 billion. The ...
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