KAR Auction Services, Inc (KAR) News

KAR Auction Services, Inc (KAR): $16.14

-0.31 (-1.88%)

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KAR News Highlights

  • KAR's 30 day story count now stands at 7.
  • Over the past 24 days, the trend for KAR's stories per day has been choppy and unclear. It has oscillated between 1 and 3.

Latest KAR News From Around the Web

Below are the latest news stories about KAR Auction Services Inc that investors may wish to consider to help them evaluate KAR as an investment opportunity.

KAR Auction Services, Inc. to Host Virtual Analyst Day

KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading global wholesale used vehicle digital marketplace operator, will host a virtual Analyst Day on Tuesday, September 21, 2021, at 11:00 a.m. ET. The event is expected to conclude at 2:00 p.m. ET.

Yahoo | September 9, 2021

KAR to Buy CARWAVE for $450M

KAR Auction Services, Inc. (KAR), a provider of wholesale used car auction services and salvage auction services, inked a $450 million deal to buy CARWAVE Holdings LLC. CARWAVE is an online dealer-to-dealer used car trading platform featuring certified mechanical inspections and buyer guarantees. Shares popped 3.4% on the news, closing at $17.37 on August 23. The CARWAVE acquisition is expected to strengthen KAR’s position in the dealer-to-dealer segment for the wholesale used vehicle market, along with accelerating its digital marketplace transformation.

Sheryl Sheth on TipRanks | August 24, 2021

The US Vehicle Auction Market 2021 Analysis by Top Manufacturers KAR Auction Services Inc., Copart Inc., Manheim

The US Vehicle Auction Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth

OpenPR | August 24, 2021

KAR Auction Services To Acquire CARWAVE - Quick Facts

(RTTNews) - KAR Auction Services, Inc. (KAR) has agreed to acquire CARWAVE Holdings LLC, an online dealer-to-dealer marketplace, in a deal valued at $450 million. CARWAVE currently serves a network of franchise and independent dealers across Arizona, California, Nevada, Oregon and Texas. "CARWAVE''s asset-light, technology-forward business

Business Insider Markets | August 23, 2021

KAR Auction Services To Acquire CARWAVE For $450M

KAR Auction Services Inc (NYSE: KAR) is set to acquire CARWAVE Holdings LLC, an online dealer-to-dealer marketplace, for $450 million. CARWAVE was founded in 2009 in California and currently serves a network of franchise and independent dealers across Arizona, California, Nevada, Oregon, and Texas. KAR expects the acquisition to build on its growth in the dealer-to-dealer segment, enhance its position in the wholesale used vehicle market, and accelerate the transformation to a digital marketplac

Yahoo | August 23, 2021

KAR to Accelerate Dealer-to-Dealer Growth, Profitability Through Acquisition of CARWAVE

KAR Auction Services, Inc., d/b/a/ KAR Global (NYSE: KAR) has signed a definitive agreement to acquire CARWAVE Holdings LLC ("CARWAVE") subject to certain regulatory approvals and other customary closing conditions. CARWAVE is an online dealer-to-dealer marketplace featuring certified mechanical inspections, buyer guarantees and a 24/7, direct offer trading format with semi-weekly live auctions. Upon closing, the acquisition will build on KAR's consistent growth in the dealer-to-dealer segment,

Yahoo | August 23, 2021

Based On Its ROE, Is KAR Auction Services, Inc. (NYSE:KAR) A High Quality Stock?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

Yahoo | August 16, 2021

Robert W. Baird Stick to Their Buy Rating for Kar Auction Services Inc By Investing.com

Robert W. Baird Stick to Their Buy Rating for Kar Auction Services Inc

Investing.com | August 8, 2021

KAR Global Announces Participation in Upcoming Investor Conference

KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor conference:

Yahoo | August 5, 2021

KAR Auction Services, inc (KAR) Q2 2021 Earnings Call Transcript

KAR earnings call for the period ending June 30, 2021.

Yahoo | August 4, 2021


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