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 badly damaged Ford Mustang is inspected at a salvage auction to see if it can still be saved or only used for parts. The ...

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 ...

Insurance salvage auctions are like the Wild West of car sales, where caveat emptor is the law of the land. That means doing your due diligence, unless you want to end up with a perfect-looking family ...

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 ...

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: ...

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 ...

Revered for its high-revving naturally-aspirated engine and telepathic handling, the Honda S2000 is one of the Japanese marque’s last pure driver’s cars from a bygone era, and widely considered a ...