KAR Auction Services Inc (NYSE:KAR)

30.27
Data as of Apr 17
 +0.09 / +0.30%
Today’s Change
20.37
Today|||52-Week Range
32.24
+2.44%
Year-to-Date
SECTOR
Commercial Services
INDUSTRY
Miscellaneous Commercial Services
MARKET CAP
$4.2B

Company Description

KAR Auction Services, Inc. is a provider of vehicle auction services in North America. It offers auction services for sellers of used or whole car vehicles and salvage vehicles. The company operates its business through three segments: ADESA Auctions, IAA and AFC. The ADESA Auctions segment serves as an international customer base through online auctions and whole car auction facilities in North America, that are developed and strategically located to draw professional sellers and buyers together and allow the buyers to inspect and compare vehicles remotely or in person. ADESA also provides value-added ancillary services including inspections, storage, transportation, reconditioning and titling and other administrative services. The IAA segment serves as a domestic and international customer base through live and online auctions and salvage vehicle auction sites in North America. The salvage auctions facilitate the remarketing of damaged or low value vehicles designated as total losses by insurance companies and charity donation vehicles, as well as recovered stolen vehicles. The AFC segment offers floor plan financing, a short-term inventory-secured financing primarily to independent used vehicle dealers. The company was founded on November 9, 2006 and is headquartered in Carmel, IN.

Contact Information

KAR Auction Services, Inc.
13085 Hamilton Crossing Boulevard
Carmel Indiana 46032
P:(317) 815-9135
Investor Relations:
(317) 249-4390

Employees

Shareholders

Other institutional76.97%
Mutual fund holders32.71%
Individual stakeholders13.49%

Top Executives

James P. HallettChief Executive Officer & Director
Donald S. GottwaldChief Operating Officer
Eric M. LoughmillerChief Financial Officer & Executive Vice President
Peter J. KellyChief Technology Officer
Rebecca C. PolakSecretary, Executive VP & General Counsel

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.