Overdrive by ADESA
Posts tagged "KAR Auction Services"
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...
VIDEO: Kontos Kommentary for January 2017

VIDEO: Kontos Kommentary for January 2017


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Considering the increased supply of used vehicles wholesaled in January, used vehicle prices held up surprisingly well, despite soft retail demand and high new vehicle incentives. Nevertheless, pockets of supply-driven weakness did appear in rental program and risk units, and younger vehicles in general. Watch the January Kontos Kommentary below: To read the entire Kontos...
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 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...
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...
Elio Motors Returns to ADESA Headquarters

Elio Motors Returns to ADESA Headquarters


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Nearly three years ago, Elio Motors visited ADESA and KAR headquarters in Carmel, Indiana, to show us an early-stage version of their prototype vehicle. After years of refining, the innovative company returned and showed us just how far their prototype has evolved – with the P5. Employees got to sit in the vehicle, and learn...
Safe T. Sam Helps Auctions Play It Safe

Safe T. Sam Helps Auctions Play It Safe


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From used car to salvage auctions, finance branches to corporate offices, the visibility of safety is important across our industry. In fact, when you visit an ADESA auction location, you can’t miss the employees’ favorite safety champion, Safe T. Sam. Since ADESA is part of the KAR Auction Services group of companies, which includes IAA, AFC...
What Is Autoniq?

What Is Autoniq?


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We’re always looking for new ways to take the auction experience to the next level, while making it easy for our customers to do business with us. We see technology as an integral part of who we are and continue to invest in software services that we believe will benefit the dealers we serve. As...