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Openlane Inc (KAR)

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17.69 +0.11 +0.63%

03/05 - Closed. Currency in USD ( Disclaimer )

After Hours

17.69

-0.00

-0.00%

0:00:00 - Real-time Data

Volume: 983,901
Bid/Ask: 0.00 / 0.00
Day's Range: 17.47 - 17.87

Type: Equity

Market: United States

Openlane Company Profile

Read the KAR Auction Services company profile to learn more about the business and the management team. View Openlane Inc facts about employee data, company products and services, and contact information.

IndustrySpecialty Retailers

SectorConsumer Cyclicals

Employees

4230

Equity Type

ORD

OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves commercial customers and dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.

Contact Information

Address 11299 North Illinois Street
Carmel, 46032
United States

Phone 800 923 3725

Fax -

Web corporate.openlane.com

Top Executives

Name	Age	Since	Title
Mark E. Hill	67	2014	Independent Director
J. Mark Howell	58	2014	Independent Director
Carmel M. Galvin	54	2020	Independent Director
Sanjeev Kishen Mehra	64	2021	Independent Director
James P. Hallett	70	2007	Director
Peter J. Kelly	54	2011	CEO & Director
Roy Mackenzie	52	2020	Independent Director
Mary Ellen Smith	63	2019	Independent Director
Stefan Jacoby	65	2019	Independent Director
Michael T. Kestner	70	2013	Independent Chairman

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Recent Quotes

	Name	Price	Chg.	Chg. %
	KAR	17.69	+0.11	+0.63%

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