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  2. Carvana acquires Adesa US auction business for $2.2B to ... - AOL

    www.aol.com/news/carvana-acquires-adesa-us...

    Carvana, the online used car marketplace, has agreed to buy Kar Global's Adesa U.S. auction subsidiary for $2.2 billion in cash, an acquisition aimed at adding another revenue stream as well as a ...

  3. Carvana - Wikipedia

    en.wikipedia.org/wiki/Carvana

    [10] [11] In 2022, Carvana acquired ADESA, the nation’s second-largest wholesale auto auction chain, for $2.2 billion to increase its real estate footprint. [12] In response to the COVID-19 pandemic, Carvana introduced touchless delivery and pick-up in March 2020. [13]

  4. Carvana (CVNA) Buys ADESA U.S. Auction Unit for $2.2 Billion

    www.aol.com/news/carvana-cvna-buys-adesa-u...

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  5. Framingham Assembly - Wikipedia

    en.wikipedia.org/wiki/Framingham_Assembly

    The facility is now the location of an ADESA automobile, truck, and boat warehouse and live auction site. The company claims that the facility is the largest indoor auction house in the world, capable of housing 10,000 autos and 4,000 people. Framingham Assembly was located just South of downtown Framingham at Loring Drive and Western Avenue.

  6. Copart - Wikipedia

    en.wikipedia.org/wiki/Copart

    Copart, Inc. is a global provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet and finance companies in 11 countries; the US, Canada, the UK, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman and Finland.

  7. Vehicle remarketing - Wikipedia

    en.wikipedia.org/wiki/Vehicle_remarketing

    Vehicle remarketing is the controlled disposal of fleet and leasing vehicles that have reached the end of their fixed term. In vehicle leasing, after the lease expires, the lessee either returns the vehicle to the supplier or buys it. The vehicles that are not purchased by the driver become an unwanted asset for the fleet or leasing company ...

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