CarsArrive Network Acquires Dependable Auto Shippers Business
KAR Auction Services, Inc (KAR)
Last kar auction services, inc earnings: 2/18 05:00 pm
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Source: GlobeNewswire
CARMEL, Ind., May 17, 2017 (GLOBE NEWSWIRE) -- KAR Auction Services, Inc. (NYSE:KAR), today announced that its CarsArrive Network (CarsArrive) subsidiary has acquired the vehicle transportation business of Dependable Auto Shippers (DAS). CarsArrive is the world’s only fully automated used vehicle hauling solution with more than two million vehicles delivered each year. The addition of DAS will extend CarsArrive’s transportation and logistics solutions into the growing consumer market segment. “CarsArrive has developed a leading portfolio of products and services that help dealers, wholesalers, fleet managers and other commercial customers ship their vehicles safely and efficiently,” said Michael Briggs, president and CEO of CarsArrive and Recovery Database Network, Inc (RDN). “We are excited to bring our strong history, expertise and commitment to quality and service to meet the vehicle shipping needs of consumers.” Online vehicle purchasing, particularly dealer-to-consumer transa
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- 4/10/24 - Form 3
- 4/1/24 - Form 4
- 3/13/24 - Form 4
- KAR's page on the SEC website