Salvato Auctions, an online auction for salvage vehicles, announced its plan for a “strategic expansion” with current ...

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, ...

The popularity of salvage car auctions has increased recently because of their distinctive viewpoint on the business and environmental elements of the automobile industry. These auctions, in which the ...

While purchasing out-of-commission vehicles has long been the purview of salvage yards and auto-restoration enthusiasts, a new market has been emerging when it comes to out-of-use electric vehicles: ...

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 ...

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 ...

KAR Auction Services leaders say spinning off the company's salvage auction unit — now set for completion in June — will help each of its auction businesses be more focused while returning value to ...

When a 1968 Ford Mustang shows up at auction, people take notice. But when it looks like it could’ve rolled straight out of Gone in 60 Seconds, things get interesting fast. This charcoal-gray fastback ...

As an astute businessman, Moses B. Glick, 69, won’t tell you everything about himself as it specifically relates to his business, but he will certainly convey to you what he thinks you need to know.

Ever heard of the Infinite Monkey Theorem? The idea goes that in a room filled with an infinite number of monkeys banging away on typewriters, one will eventually hammer out the works of Shakespeare.