ADESA, a leader in wholesale auto, today announced plans for the continued expansion and development of its new, proprietary ...

Even before its purchase of ADESA’s U.S. auctions in 2022, Carvana was already a major player in the wholesale auto industry ...

“We see a long runway for growth and efficiency gains, with only 2 Adesa facilities using [Carvana’s] Carli software currently,” Pierce wrote. Shares of Carvana are up nearly 4% in Wednesday ...

ExploreBuying a car in 2025? Here’s what you need to know The expansion will make what’s known as the Adesa auction facility Carvana’s fifth megasite across the country. “That speaks to ...

In March, the average used vehicle sold at wholesale, dealer-only auctions was $14,603, according to auction firm ADESA U.S. Analytical Services. That’s down 10.9% vs. March 2023, but 32.2% ...

Online used car retailer Carvana is expected to hit the high-yield bond market next week to help finance its US$2.2bn acquisition of auto auction house Adesa. Carvana is planning to raise US$2.275bn ...

Catch up quick: Carvana, which acquired the used-car auction business ADESA in 2022, is converting ADESA’s wholesale auction sites into “Megasites” in Kansas City, Las Vegas and other cities.

With this transition, Carvana will establish Inspection and Reconditioning Center (IRC) capabilities at its existing ADESA Atlanta wholesale auction site while maintaining all digital and in-lane ...

ADESA Clear to add Selection, Features, and Geographic Reach in 2025 PHOENIX--(BUSINESS WIRE)-- ADESA, a leader in wholesale auto, today announced plans for the continued expansion and development ...

ADESA, a leader in wholesale auto, today announced plans for the continued expansion and development of its new, proprietary online auction product, ADESA Clear. ADESA, which is owned by leading ...