Hertz Vehicles Sold to Buyers in 19 States Through Automated, Industry-Only Platform
CARMEL, Ind. – July 30, 2020 – Last week, ADESA, a subsidiary of KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), hosted a single digital auction event with vehicles in 22 different locations using the company’s Simulcast+SM technology. The sale was hosted on behalf of The Hertz Corporation and sold vehicles to buyers in 19 states across the country. Simulcast+ is ADESA’s new digital auction platform that simulates the competitive live auction environment in a fully digitized, highly automated, live streaming format. The technology allows vehicles to be offered from an auction, distribution center, dealership or multiple sites and facilitates fast, competitive bidding for buyers.
ADESA Hosts 22-Site Remote Sale Using Simulcast+SM Technology – KAR Auction Services, Inc. d/b/a KAR Global
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