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

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 ...

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), ...

The video documents a walkthrough of Los Angeles salvage auctions filled with exotic sports cars, performance trucks, and ...