Overdrive by ADESA
Posts tagged "ADESA"
VIDEO: Kontos Kommentary for December 2016

VIDEO: Kontos Kommentary for December 2016


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Wholesale prices did a bit of an about-face in December, as truck price softening, perhaps influenced by higher gasoline prices, drove down overall results. New vehicle incentive activity also remained high, which, along with higher fleet sales, helped the year close out with a new record in sales but put downward pressure on wholesale values....
ADESA and EMKAY Raise $50,000 for JDRF

ADESA and EMKAY Raise $50,000 for JDRF


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ADESA frequently joins our industry partners in supporting worthwhile charitable organizations. Together with EMKAY, we recently raised $52,460 for JDRF during a nine-month campaign. Between March 1 and November 30, 2016, EMKAY and ADESA each made a $10 donation for every EMKAY vehicle purchased at 20 participating ADESA auction locations. Proceeds went to JDRF, the...
Top Overdrive Blog Posts for 2016

Top Overdrive Blog Posts for 2016


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Each year, tens of thousands of professionals and dealers turn to Overdrive to read about the latest and greatest news from ADESA. This year was full of energy and excitement as we experienced multiple first sale days, record-breaking charity fundraisers, new executive and general manager appointments, and recapped our experience at the biggest shows in...
ADESA Auctions Give Back for the Holidays

ADESA Auctions Give Back for the Holidays


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All year long, our colleagues across North America raise funds for and volunteer at charities that help our communities. During the holiday season, we step up those activities, encouraging everyone to participate and have fun. Here are just a few ways ADESA auctions and offices have given back to their local communities this holiday season: ADESA...
ADESA HQ Helps United Way for the Holidays

ADESA HQ Helps United Way for the Holidays


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Community involvement is a core value at ADESA and the entire KAR Auction Services group of companies. I would bet that almost every day, throughout the year, there is a charity-related event happening at one of our 77 ADESA auctions or one of our sister company locations. And giving back is especially evident during the...
VIDEO: Kontos Kommentary for November 2016

VIDEO: Kontos Kommentary for November 2016


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Trucks continue to drive overall average wholesale prices upward, while car price softening more directly reflects supply growth for the used vehicle market in general. A new threat to used vehicle prices seems to be arising from increased new vehicle incentives, which have been relatively benign through this cycle of price softening, but which we...
Used Car Week 2016 Recap

Used Car Week 2016 Recap


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ADESA and others in the KAR group of companies were well represented at the NAAA Convention/National Remarketing Conference during Used Car Week 2016. This event was four great days of sharing insights, learning industry news and networking. Familiar names filled the agenda of panelists and speakers, as well as award recipients. Here’s a recap of the...
ADESA Chicago Car Wrap Campaign Wins Design Award

ADESA Chicago Car Wrap Campaign Wins Design Award


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Recently we celebrated the first sale at ADESA Chicago, and the good news from that location continues to roll in. We’re proud to announce that one of our marketing campaigns for the new facility was recently honored with a graphic design award. One creative idea we had to promote the new auction and build name...
VIDEO: Kontos Kommentary for October 2016

VIDEO: Kontos Kommentary for October 2016


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The softening wholesale price environment became more apparent in October, as wholesale supply continues to grow while retail demand weakened. A point I have not seen noted by other analysts is that new vehicle sales for the year finally fell behind last year’s year-to-date levels, indicating that 2016 will not match 2015 record in total...