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, ...

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: ...

Salvato Auctions is go for launch. The auction for insurance vehicles announced it will launch its online salvage auction in three weeks, billing it as “a modern alternative to Copart and IAA.” ...

Tesla CEO Elon Musk once said that if the Cybertruck was "ever in an argument with another car," it "will win." Unfortunately, that sentiment hasn't kept totaled trucks out of the shop after accidents ...

Salvato Auctions said it will officially launch this summer. But on Tuesday, the auction platform for insurance vehicles announced the appointment of Dan Oscarson as head of global buyer development.