Ever thought that junk cars could be a great business? With repair costs exceeding vehicles’ market value, insurers are declaring more smashed cars as total loss. Salvage auto auctioneers are reaping ...

After completion of spin-off, KAR will focus primarily on its whole car auction marketplaces and technology solutions serving OEMs, captive financing companies, vehicle lending institutions, fleets, ...

A 2023 Chevrolet Camaro ZL1 with extensive crash damage is set to be auctioned, offering a stark reminder of how quickly ...

DETROIT, Feb 27 (Reuters) - Vehicle auction company KAR Auction Services Inc said on Tuesday it will spin off its salvage auction business unit within the next 12 months so both entities will be able ...

This video follows the purchase of a damaged Camaro SS from a salvage auction that turned out to have an expensive twin turbo system installed. It shows emergency repairs, a dyno test, and a full ...

In many ways, insurance salvage auctions are the great equalizer in the automotive world. No matter how important, how anticipated, how advanced a new car is, there will always be a first to fall to ...

BANGALORE, India, Nov. 7, 2024 /PRNewswire/ -- Online Salvage Auctions Market is Segmented by Type (Used Car, Salvage Cars, Seized Vehicle), by Application (Original equipment manufacturers (OEM), ...

So you think you know the salvage auction business. Here are a few things about Insurance Auto Auctions Inc., a salvage auto-auction company and sibling to auction giant ADESA, that you may not know: ...

Earlier today, we reported on the first wrecked 2020 Toyota Supra to show up at a salvage auction. Its auction listing didn’t provide much background into how the Supra got to its current state, but ...

Ever thought that junk cars could be a great business? With repair costs exceeding vehicles’ market value, insurers are declaring more smashed cars as total loss. Salvage auto auctioneers are reaping ...