
FastLane will be the anchor asset for EBlock to expand its reach by enabling digital dealer-to-dealer buying and selling, positioning EBlock for further reach in the U.S. Midwest.
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The agreement is closely aligned with KAR’s digital strategy, and will allow KAR to focus on its portfolio of digital marketplaces.
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The complementary deal enables the make of sustainable solar panel chargers to offer more energy density and boost the company's battery supply chain.
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With 2021 in the books, how many units were sold into rental fleets in 2021 compared to previous years?
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The combined auction companies will have 39 locations across 19 states, making it a new powerhouse in the remarketing industry.
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The acquisition substantially increases Voyager's for-hire-vehicle operational footprint in New York City.
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In today’s severe vehicle supply crunch, car rental operators and industry experts share insights on how to fleet plan for the near future. Topics include how to balance de-fleeting while acquiring new fleet and adjusting model mix for shifts in rental types.
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The three companies, operating under Aspire Software's portfolio, will now operate as one.
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The automotive remarketing sector is seeing big changes due to an increased use of technology, evolving vehicle mix and shifting expectations from buyers and sellers.
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KAR expects to be immediately profitable across its North American dealer-to-dealer platforms while enhancing its position in the highly fragmented wholesale used vehicle market.
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