Overdrive by ADESA
VIDEO: Kontos Kommentary for August 2017

VIDEO: Kontos Kommentary for August 2017


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Average wholesale prices in August were once again up largely on the strength of truck prices, although another factor could be early impacts from Hurricane Harvey, which appeared to drive prices up at the end of the month, particularly in Texas. (Please see Kontos Kommentary: Hurricane Harvey Special Edition for additional information.) Watch the August...
Cars and Culture Collide at Artomobilia

Cars and Culture Collide at Artomobilia


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For the fourth year, ADESA and our parent company, KAR Auction Services, served as presenting sponsors of Artomobilia, a celebration of automotive art and design in the Carmel Arts & Design District. Recently, more than 400 incredible collector cars were on display in downtown Carmel, Indiana, not far from our corporate headquarters. The event drew...
Kontos Kommentary: Hurricane Harvey Special Edition

Kontos Kommentary: Hurricane Harvey Special Edition


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Meteorologists are calling Hurricane Harvey a thousand-year flood event—a storm of unprecedented magnitude and devastation. For the past week, no news cycle has been complete without photos of the human toll, miraculous rescues—and vehicles submerged in the flood plain. The recovery efforts in Houston and other impacted areas in Texas and beyond will take many...
Catch ADESA at Digital Dealer 23 in Las Vegas

Catch ADESA at Digital Dealer 23 in Las Vegas


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The entire ADESA team is excited and ready to head to the Paris Hotel & Casino in Las Vegas Sept. 18–20, 2017, for Digital Dealer 23. I have the distinct honor of taking the stage at this year’s event to discuss a topic near and dear to my heart: wholesale auctions aren’t what they used...
VIDEO: Kontos Kommentary for July 2017

VIDEO: Kontos Kommentary for July 2017


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Average wholesale prices in July were down month-over-month and only up on a year-over-year basis largely on the strength of pickup truck prices. Drilling down into the data once again clearly reveals price softening on a year-over-year basis when accounting for sale type, vehicle age, model class and mileage. Retail sales have softened this summer...
2017 Women of Remarketing Conference

2017 Women of Remarketing Conference


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Each year, women executives and leaders from ADESA and the automotive remarketing industry reconvene for the Women of Remarketing (WOR) conference. This meet-up is the foremost annual forum committed to advancing the impact of women in the remarketing community. It’s one of my favorite events, and I look forward to it each year. Debbie Vaughn,...
Get to Know ADESA Portland

Get to Know ADESA Portland


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ADESA Portland is now fully integrated into the ADESA auction line-up. The former Brasher’s Portland Auto Auction was acquired by KAR Auction Services (the parent company of ADESA) in 2016, along with seven other Brasher’s auctions. One of the Pacific Northwest’s busiest auto auctions, ADESA Portland sits on 34 acres and boasts eight auction blocks,...
ADESA LiveBlock Month Celebrations Continue

ADESA LiveBlock Month Celebrations Continue


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We know our customers are busy. Sometimes they’re too busy to make it to one of our auctions. So we’re always looking for ways to help them find the cars they need for their dealership lots. LiveBlock lets customers participate in live auctions virtually and bid real-time from their desktops and mobile devices. During the...
Get to Know ADESA Flint

Get to Know ADESA Flint


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Located just northwest of the Detroit metropolitan area, ADESA Flint proudly serves dealers in Michigan, Ohio, Indiana, Illinois and beyond. Formerly known as Flint Auto Auction, ADESA Flint was acquired by KAR Auction Services (the parent company of ADESA) in 2016. I caught up with General Manager Lawrence Cubitt to find out more about this...