News

ADESA appoints Paul Lips as COO, introducing a new auction structure with four regional groups to enhance service and customer support across the U.S.
ADESA, a leader in wholesale auto auctions and subsidiary of leading online auto retailer Carvana, today announced the launch of ADESA Simulcast on its upgraded digital platform and mobile apps ...
ADESA said Monday that dealers and buyers at any of its U.S. locations can now utilize the services of transportation company CarsArrive. ADESA announced that CarsArrive has been integrated at all ...
PHOENIX, February 04, 2025--ADESA, a leader in wholesale auto, today announced plans for the continued expansion and development of its new, proprietary online auction product, ADESA Clear. ADESA ...
Carvana, the online used car marketplace, has agreed to buy Kar Global's Adesa U.S. auction subsidiary for $2.2 billion in cash, an acquisition aimed at adding another revenue stream as well as a ...
The transaction would give Carvana exclusive use of the ADESA.com marketplace in the U.S., plus all auction sales, operations and employees at ADESA’s 56 vehicle logistics centers in the country.
ADESA isn't ignoring its physical auctions. In recent years, it has acquired additional sites by buying independent auctions and has opened a new site in Chicago.
Adesa plans to take LiveBlock to the next level during the second quarter, when online bidders will be able to simultaneously bid on vehicles at many of the company’s U.S. auctions.
Carvana said it would spend $2.2 billion to buy auto auctioneer Adesa, in a move designed to improve the company's logistics network. Plus, Carvana reported record revenue in 2021, up more than ...
Auction giant ADESA Corp.’s Commercial Remarketing Services has formed a partnership with the Used Truck Assn. (UTA) to help increase the membership of the UTA and the buyer base ...
Home IPO Report IPO Report Leadis, Adesa and Metabasis all fall Lackluster reaction to Wednesday's trio of IPOs By Steve Gelsi , CBS.MarketWatch.com Published: June 16, 2004, 4:20 p.m. ET Share ...
"ADESA continues to level up its wholesale customer offering by investing in digital products that complement our robust physical footprint and in-lane infrastructure," said Nikki Behrens, Carvana ...