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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...
On the Road to Las Vegas for Used Car Week 2016

On the Road to Las Vegas for Used Car Week 2016


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Groups from ADESA, KAR Auction Services and PAR North America are all preparing to converge in Las Vegas, Nevada, for the NRC/NAAA Conference and Used Car Week from November 15–November 18. We look forward to this event each year as a time to network, participate in workshops, and learn from innovative industry leaders as they...
ADESA Chicago Hosts First Sale

ADESA Chicago Hosts First Sale


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ADESA Chicago is officially open for business! Last Friday, I had the honor of participating in our newest auction’s first sale. We couldn’t be more excited to be in the Chicago market, especially in such a central location. Based on the atmosphere at the first sale, our customers are excited, too. They asked us to...
KAR COO Don Gottwald Gives Keynote Address at Northwood University Event

KAR COO Don Gottwald Gives Keynote Address at Northwood University Event


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KAR Auction Services COO, Don Gottwald, recently gave the keynote address at the 53rd Annual Northwood University International Auto Show in Midland, Michigan. ADESA is a business unit of KAR. The event provides a platform for students to learn about the automotive industry first-hand. KAR sponsors these types of events as part of a continued...
Women of Remarketing 2016 Conference Highlights Industry Trends

Women of Remarketing 2016 Conference Highlights Industry Trends


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The beautiful Ritz-Carlton Key Biscayne in Miami, Florida, was the site of the 2016 Women of Remarketing conference. ADESA hosts the annual event as an opportunity for female executives and leaders in the automotive remarketing industry to connect with and learn from one another. Debbie Vaughn, executive sales director at ADESA, started the event in...
VIDEO: Kontos Kommentary for September 2016

VIDEO: Kontos Kommentary for September 2016


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Average wholesale values were flat in September, but remained up on a year-over-year basis primarily on the strength of truck prices and a higher proportion of pricier off-lease units. Retail used vehicle sales, including CPO sales, were relatively weak, though both remain up for the year. To read the entire Kontos Kommentary used vehicle market...
KAR Employees Compete to Win at 2016 ISC Corporate Challenge

KAR Employees Compete to Win at 2016 ISC Corporate Challenge


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More than 100 KAR employees signed up to compete or to volunteer in the 2016 ISC Corporate Challenge. This is the second consecutive year that our team has participated in this two-day event sponsored by the Indiana Sports Corp. In 2015, nearly 8,000 competitors representing 160 companies participated in everything from volleyball and bowling to...