OPENLANE
OPENLANE Corporate Logo
About OPENLANE Corporate
OPENLANE Inc operates a digital marketplace for used vehicles, connecting sellers and buyers across the United States, Canada, Europe, and the UK. The company offers wholesale vehicle auction services, including digital and physical auctions, and provides value-added services such as transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery. Its platform serves commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealers, and manufacturers. OPENLANE also offers floorplan financing to independent vehicle dealers. Formerly known as KAR Auction Services, Inc., the company was founded in 2006 and is headquartered in Carmel, Indiana.
Address
11299 North Illinois Street, Suite 500
Carmel, , 46032
United States
Year founded
2006
Number of employees
4,000-5,000
Sector
Industrials
Industry Group
Commercial & Professional Services
Industry
Commercial Services & Supplies
Subindustry
Diversified Support Services
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