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KAR Auction Services Overview
KAR Global (NYSE:KAR) is a Fortune 1000 company headquartered in the Indianapolis suburb of Carmel, Indiana, with 10,000 employees across the United States, Canada, Mexico, the United Kingdom and Europe. Our diverse team helps the world’s largest automotive manufacturers, financial institutions, insurance companies and dealer groups buy, sell and trade used vehicles. In 2018 we facilitated nearly 3.5 million transactions valued at over $40 billion through our physical, online, and digital/mobile auction marketplaces.
The KAR group of companies comprises more than 20 brands, including ADESA, AFC and additional business units. ADESA operates 74 wholesale used vehicle auctions. AFC provides inventory financing and comprehensive business services to primarily independent used vehicle dealers from its 127 locations.
Together, KAR’s complementary businesses provide support, technology and logistics for the used vehicle industry. For the latest news and insights, follow us on Twitter @KARspeaks.
| Industry | Motor Vehicle Manufacturing |
| Headquarters | Carmel, IN |
| Company size | 10,001+ employees |
| Website | https://www.karglobal.com |