Carmel-based KAR Auction Services Inc. said Tuesday that it expects the planned $2.2 billion sale of its U.S. physical auto auction business, ADESA, to Tempe, Arizona-based Carvana to be completed ...

CARMEL, Ind. (Inside INdiana Business) — Carmel-based KAR Global (NYSE: KAR) has entered into an agreement to sell its ADESA U.S. physical auction business to Carvana Co. (NYSE: CVNA) in Arizona. The ...

Carmel-based KAR Global announced Thursday it has reached an agreement to sell its U.S. physical vehicle auction business—known as ADESA—for $2.2 billion in cash to Tempe, Arizona-based Carvana. The ...

CARMEL, Ind. (Inside INdiana Business) — Carmel-based KAR Global (NYSE: KAR) has selected Peter Kelly as its next chief executive officer. Kelly, who has served as the company’s president since 2019, ...

This week, KAR Auction Services announced that Sriram “Srisu” Subrahmanyam has joined the company as senior vice president of business transformation. The company noted Subrahmanyam brings more than ...