KAR Holdings, Inc. · Carmel, IN United States ·(NYSE: Undetermined)
Company Description
Phone: 317-815-1100
Fax: 317-843-4898
Toll Free: 800-923-3725
View KAR Holdings, Inc. Locations On A US Map
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This link will open in a new window KAR Holdings is not a used car lot, but it sells some 3 million used cars through subsidiaries. Formed in 2007, KAR comprises the operations of top car peddler ADESA , Insurance Auto Auctions (IAA), and Automotive Finance Corporation . The company's operations consist of wholesale used-vehicle auctions, salvaged auto auctions, and a capital funding business, which serves used car dealers. KAR, which filed for an initial public offering in September 2009, boasts more than 200 physical auction locations throughout North America. Private equity firms Kelso & Company , GS Capital Partners , ValueAct Capital , and Parthenon Capital spawned KAR after its acquisition of ADESA. To read the full description, subscribe now.
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Key KAR Holdings, Inc. Financials
| Company Type | Private - NYSE: Undetermined Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,771.4 |
| 2008 Employees | 13,102 |
KAR Holdings, Inc. Executives
20 executives listed for KAR Holdings, Inc.'s Carmel, IN location.
| Title | Name & Bio | Contact |
| Chairman | Brian Clingen | Network |
| CEO and Director | James Hallett | Network |
| EVP and CFO | Eric Loughmiller | Network |
Competition
Competitive Landscape for KAR Holdings, Inc.
Population demographics, consumer income, and consumer tastes drive demand. The profitability of individual companies depends on efficient procurement and effective merchandising. Large companies have advantages in marketing and finance. Small companies can compete effectively by offering specialty products, serving a local market, or providing superior customer service. The industry is labor-intensive: average annual revenue per worker is under $70,000. Used merchandise stores compete with retailers offering new merchandise. Companies also compete with individuals selling used merchandise privately or through websites, such as eBay. To read the full description, subscribe now.Top KAR Holdings, Inc. Competitors
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