Tagged OPENLANE

KAR Announces Agreement to Acquire OPENLANE

KAR Auction Services, Inc. announced today that its subsidiary, ADESA, Inc., has signed a definitive agreement to acquire the equity of OPENLANE, Inc., a leading Internet-based business-to-business automotive remarketing company.

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New Features Available to Dealers on OPENLANE.com

Avis Budget Group and OPENLANE Inc. enhanced the remarketing website to allow dealers to search, bid and buy VIN-specific vehicles with full condition reports provided by AIM.

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OPENLANE Appoints New CEO

Peter Kelly, Co-Founder, President and former CFO of OPENLANE, takes on the new role effective immediately.

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Openlane: Auction Prices Up 4% Year over Year

In its February Market Index report, Openlane reports that car prices decreased in January but remained above January 2010 levels. Minivan prices and interest spike.

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Avis Budget Group and OPENLANE to Sell Vehicles Online to Canadian Dealers

The two companies have expanded their partnership to begin offering Avis Budget Group vehicles on OPENLANE's Canadian auction site.

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OPENLANE Adds New Features to Online Auction Web Site

The enhancements to OPENLANE.com and the introduction of OPENLANE.ca include a complete redesign of each site's vehicle detail, search and bid/buy confirm pages.

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OPENLANE Provides Ford Dealer's Access to Wholesale Vehicles

Ford and Lincoln Mercury dealers can conduct online purchases of off-rental vehicles with their existing Ford Signature Floorplan or Ford DEFT accounts.

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Openlane: Don't Expect a "Typical" Wholesale Market this Year

The new-vehicle retail market is expected to grow in 2010, with trade-in volume at dealerships improving, but the used-car retail market is expected to remain flat this year.

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Car Rental: First Quarter Analysis and Outlook

A stronger-than-expected used car market is tempered by competitive pricing in the first quarter. But will the trend continue?

What is Holding Back the Electric Vehicle Revolution?

The movers and shakers in the electric vehicle market offer a candid glimpse into the immediate future of electric vehicles. (With photos!)

What’s Next for a Hertz Deal for Dollar Thrifty?

With Hertz’s announcement of a potential buyer for Advantage, how will a Dollar Thrifty deal go down, when, and for how much?

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