Carvana Co. (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced plans to bring ...

The list of Carvana’s combined auction-reconditioning facilities is growing again. The online used-car retailer said it plans ...

CVNA is leveraging ADESA's infrastructure and underused assets to scale operations toward its 3 million car sales goal.

Even before its purchase of ADESA’s U.S. auctions in 2022, Carvana was already a major player in the wholesale auto industry as both one of the largest buyers and largest sellers in the space.

Carvana, of Tempe, Ariz., finalized its acquisition of the 56-site ADESA auction network from Openlane Inc., formerly KAR Global, in May 2022. Converting the sites will allow Carvana to inspect ...

ADESA is a leader in wholesale auto, providing comprehensive remarketing and logistics solutions that help OEMs, financial institutions, fleets, and dealers source, sell and manage cars ...

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 sale of ADESA to Arizona-based Carvana, which KAR announced in February, is part of KAR's ongoing shift away from physical auto auctions toward digital platforms and tools.

ADESA President John Hammer will exit the company less than nine months after its U.S. operations were acquired by online used-vehicle retailer Carvana Co. January 28, 2023 11:28 AM C.J. Moore Hammer ...

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.

The sites were chosen by Adesa for their proximity to major metropolitan areas. Under the terms of the sale, First Industrial will also put $12.5 million toward improvements at the Otay Mesa, CA site.