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

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

    Carvana (CVNA) acquires ADESA U.S.'s physical auction business for a valuation of $2.2 billion to spur growth and economic improvements.

  3. 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 ...

  4. Vehicle remarketing - Wikipedia

    en.wikipedia.org/wiki/Vehicle_remarketing

    In the US, in 2005, 2.7 million fleet vehicles were sold through auctions. [2] Recently, some of the major fleet owners have chosen to sell the vehicles directly to new and used car dealerships thus bypassing the auction and saving on costs associated with transportation, auction fees and idle time.

  5. Manheim Auctions - Wikipedia

    en.wikipedia.org/wiki/Manheim_Auctions

    By 1947, the new building with four lanes to auction vehicles opened and soon the partners realized the general public was purchasing their vehicles at the auction instead of their dealership franchises. This action prompted the partners to make Manheim Auto Auction a dealer-only enterprise, making Manheim the largest auto exchange in 1959. [2]

  6. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    A dealer auto auction is a specialized form of auction. Millions of vehicles are sold at such dealer auto auctions every year. These auctions are restricted to the general public and only licensed dealers can participate. Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot.

  7. Kim Zolciak and Kroy Biermann’s Georgia Home Put Up for Public Auction. The estranged couple, who met on 'The Real Housewives of Atlanta,' first listed their Alpharetta mansion for $6 million in ...

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