Ranking Profile - KAR Auction Services Inc

Introduction

KAR Auction Services Inc (KAR Auction) is an auction company that provides integrated and advanced digital, mobile and physical auction marketplaces. It offers used vehicle auctions and related vehicle remarketing services to dealers, vehicle manufacturers, OEMs, fleet operators, financial institutions and rental companies. The company principally sells new and used vehicles. KAR Auction provides various value-added ancillary services such as inspections, transportation, reconditioning, collateral recovery, titling, marshalling and floor plan financing. The company also offers online services including, ADESA Simulcast, ADESA.com, TradeRev and BacklotCars. It has business presence across Europe and North America. KAR Auction is headquartered in Carmel, Indiana, the US.

Company info

Country (HQ): United States
Sector: Retailing
Market Cap (US$ m): 1,653
Revenue (US$ m): 1,519 (2022)

Innovation ranking

438

Innovation score

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