Category: News

DealerSocket makes fastest-growing company list

August 24, 2011

Inc. magazine named DealerSocket ( to its fifth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Online retailer ideeli …

Adesa to buy Openlane

August 17, 2011

There was big news in the auction world this week, when auction services firm Adesa announced it had signed a definitive agreement to acquire Openlane, an Internet-based business-to-business automotive remarketing company for $210 million. In a prepared statement by KAR …

Auction demand remains steady

August 17, 2011

According to the Openlane Market Index, which monitors auction sales, in Canada during the month of the July, prices paid for vehicles at auction remained even compared with June, though there was a slight upward trend in demand compared with …