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KAR Auction Services, Inc. Business Reports

KAR Auction Services, Inc. Overview

Address

13085 Hamilton Crossing Blvd. Carmel, 
IN 46032 United States
Phone: 317-815-1100
Fax:317-843-4898
Toll Free:800-923-3725

KAR Auction Services, Inc. Rankings

#938 in FORTUNE 1000 (May 2011)

Company Description

KAR Auction Services is not a used car lot, but it sells more than 3 million used cars through subsidiaries. Formed in 2007, KAR is a holding company for ADESA, a wholesaler of used vehicles at auction; Insurance Auto Auctions, a salvage auto auction company; and Automotive Finance Corporation, a capital funding business, which serves used car dealers. In addition to some 215 physical auction sites throughout North America, KAR also hosts Internet auctions. The company makes money through auction fees extended to vehicle buyers and sellers and by providing add-on services such as inspections, storage, transportation, reconditioning, salvage recovery, and titling. KAR Auction Services went public in late 2009.

KAR Auction Services, Inc. Company Profile Report

Purchase Report
 
$49

Hoover's industry experts provide proprietary editorial analysis supplemented with content from multiple data sources to bring you the Company Profile Report. The depth of each report varies, so be sure to view the sample and review the report contents listed next.

 

Sections Included in Report

  • Company Overview
  • Company Description
  • People
  • Biographies
  • Historical Events
  • Industry Information
  • Financial Summary
  • Financial Market Data
  • Historical Financials
  • Competitors List
  • Competitive Landscape

Company Profile Report Highlights

  • Company Description

    Quickly grasp how a company operates and understand its current business environment.

  • Industry Information

    Identify the often times disparate industries a company does business in, and find the corresponding SIC and NAICS codes.

  • Biographies

    Learn the background and technology interests of the company's executives, to better understand possible growth directions.

  • Company History

    When you want to know where a company is going, you'll be helped by first knowing where it's been. Use this to get up tp speed on a company's history.

  • Key People

    Uncover the roles and responsiblities of the management team and identify the correct decision maker, so you are sure to talk to the right contact.

  • Company Financials

    Review key financial information to gauge health and growth potential.

Company Profile Report

Purchase Report
 
$49

    Choose below from the available Industry Reports related to 

  • Retail Sector Industry Report
  • Automobile Dealers Industry Report

Retail Sector Industry Report

Purchase Report
 
$129

Overview

The US retail industry includes about 1 million outlets with combined annual revenue of about $4 trillion. Major companies include Wal-Mart, Home Depot, Kroger, Costco, and Target. While large companies dominate some retail sectors (such as mass merchandisers and grocery stores), other sectors (such as auto dealers and convenience stores) are fragmented. Many specialty retailers are single-store operations.

SIC: 5983, 5984, 5989, 5992, 5993, 5994, 5995, 5999, 7389, 5211, 5231, 5251, 5261, 5271, 5311, 5331, 5399, 5411, 5421, 5431, 5441, 5451, 5461, 5499, 5511, 5521, 5531, 5541, 5551, 5561, 5571, 5599, 5611, 5621, 5632, 5641, 5651, 5661, 5712, 5713, 5714, 5722, 5731, 5734, 5735, 5736, 5912, 5921, 5932, 5941, 5942, 5943, 5944, 5945, 5946, 5947, 5948, 5961, 5962

NAICS: 445299, 445310, 446110, 446120, 446130, 446191, 446199, 447110, 447190, 448110, 448120, 448130, 448140, 448150, 448190, 448210, 448310, 454319, 454390, 448320, 451110, 451120, 451130, 451140, 451211, 451212, 451220, 452111, 452112, 452910, 452990, 453110, 453210, 453220, 453310, 453910, 453920, 453930, 453991, 453998, 454111, 454112, 454113, 454210, 454311, 454312, 441110, 441120, 441210, 441221, 441222, 441229, 441310, 441320, 442110, 442210, 442291, 442299, 443111, 443112, 443120, 443130, 444110, 444120, 444130, 444190, 444210, 444220, 445110, 445120, 445210, 445220, 445230, 445291, 445292

 

Sample Questions & Answers

How sensitive is the company's business to the economy?

Economic factors, including personal income, consumer confidence, job growth, and interest rates, can greatly affect consumer spending and the retail sector. During recessionary periods, retail sales growth can slow drastically and even decline.

 

How does the company compete with large retailers?

In many retail segments, large companies dominate and hold the majority of the market. Even specialty retailers in fragmented markets must compete with mass merchandisers and warehouse clubs that offer a smaller selection of comparable merchandise at...

 

To read this full Call Prep Question and others, purchase the full report.

 

General Report Description

Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

 

Sections Included in Report

  • Industry Overview
  • Quarterly Industry Update
  • Business Challenges
  • Trends and Opportunities
  • Call Preparation Questions
  • Financial Information
  • Industry Forecast
  • Website and Media Links
  • Glossary of Acronyms

    Industry Report Highlights:

    • Recent Developments

      Stay up to date on crucial industry news that may affect your strategy.

    • Trends & Opportunies

      Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

    • Call Preparation Questions

      Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.

    • Industry Forecast

      Identify growth and integrate projections in your own business planing.

    • Business Challenges

      Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

    • Executive Insight

      Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

    • Financial Information

      Increase your credibility and support your presentations by adding verifiable industry metrics.

    • Web Links & Acronyms

      Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

    Retail Sector Industry Report

    Purchase Report
     
    $129

    Automobile Dealers Industry Report

    Purchase Report
     
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    Overview

    The US automobile dealer industry includes about 45,000 new and used vehicle dealers with combined annual revenue of about $625 billion. Major companies include AutoNation, CarMax, Penske Automotive Group, and Sonic Automotive. The industry is highly fragmented: the top 50 companies generate less than 15 percent of revenue.

    SIC: 5511, 5521

    NAICS: 441110, 441120

     

    Sample Questions & Answers

    How does the company perform during adverse economic conditions or periods of weak consumer demand?

    Consumer demand for cars can vary significantly from year to year, due to a variety of factors, including changing economic conditions, consumer spending, inflation, and fuel prices. Sales for particular brands or styles are especially vulnerable to...

     

    How do fluctuating interest rates affect the company's business?

    Significant increases in interest rates can reduce consumer ability to buy cars and increase floor plan financing costs. Most customers buy vehicles with loans or leases. Dealer inventories are typically financed through variable interest rate loans.

     

    To read this full Call Prep Question and others, purchase the full report.

     

    General Report Description

    Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.

     

    Sections Included in Report

    • Industry Overview
    • Quarterly Industry Update
    • Business Challenges
    • Trends and Opportunities
    • Call Preparation Questions
    • Financial Information
    • Industry Forecast
    • Website and Media Links
    • Glossary of Acronyms

      Industry Report Highlights:

      • Recent Developments

        Stay up to date on crucial industry news that may affect your strategy.

      • Trends & Opportunies

        Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.

      • Call Preparation Questions

        Gain instant rappart with prospects during youir sales calls using done-for-you call prearation questions.

      • Industry Forecast

        Identify growth and integrate projections in your own business planing.

      • Business Challenges

        Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

      • Executive Insight

        Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.

      • Financial Information

        Increase your credibility and support your presentations by adding verifiable industry metrics.

      • Web Links & Acronyms

        Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.

      Automobile Dealers Industry Report

      Purchase Report
       
      $129

      KAR Auction Services, Inc.  Overview

      Top 3 Competitiors

      Company: Ally Financial Inc.
      Location: Detroit, MI

      Company: Comerica Incorporated
      Location: Dallas, TX

      Company: Copart, Inc.
      Location: Fairfield, CA

      Industries where KAR Auction Services, Inc. Competes

      Auctions
      Read More

      Financial Services
      Read More

      Lending
      Read More

      Auto Lending
      Read More

      Retail Sector
      Read More

      Automobile Dealers
      Read More

      Competitive Landscape Brief

      Population demographics, consumer income, and consumer tastes drive demand. The profitability of individual companies depends on efficient procurement and effective merchandising. Large companies have advantages in marketing and finance. Small companies can compete effectively by offering specialty products, serving a local market, or providing superior customer service. The industry is labor-intensive: average annual revenue per worker is about $120,000. Used merchandise stores compete with retailers offering new merchandise. Companies also compete with individuals selling used merchandise privately or through websites, such as eBay or Craigslist, or product swapping through services like Freecycle.

      KAR Auction Services, Inc. Competitive Landscape

      Purchase Report
       
      $69

      Providing a complete view of how this company and its competitors stack up against one another, the Competitive Landscape report includes benchmarks on over 30 parameters related to sales, employees, market cap, profitability, and growth. Exclusive to Hoover's, this landscape can be used to conduct competitive analysis, inform corporate strategy, and identify trends.

       

      Sections Included in Report

      • Key Numbers
      • Profitability
      • Valuation
      • Operations
      • Financial Ratios
      • Per Share Data ($)
      • Growth Statistics
      • *Data provided for 3 to 30 competitors

        Company Landscape Report Highlights

        • Competitors List

          Identify specific primary and secondary competitors, allowing you evaluate the chances of sucessfully introducing new products.

        • Competive Landscape

          Acess detailed financial metrics on a company's top competitors, so you can quickly determine their relative health and add credibility-boosting quantitative data to your presentations.

        Competitive Landscape Report

        Purchase Report
         
        $69

        KAR Auction Services, Inc. Overview

        Address

        13085 Hamilton Crossing Blvd. Carmel, 
        IN 46032 United States
        Phone: 317-815-1100
        Fax:317-843-4898
        Toll Free:800-923-3725

        KAR Auction Services, Inc. Rankings

        #938 in FORTUNE 1000 (May 2011)

        Company Description

        KAR Auction Services is not a used car lot, but it sells more than 3 million used cars through subsidiaries. Formed in 2007, KAR is a holding company for ADESA, a wholesaler of used vehicles at auction; Insurance Auto Auctions, a salvage auto auction company; and Automotive Finance Corporation, a capital funding business, which serves used car dealers. In addition to some 215 physical auction sites throughout North America, KAR also hosts Internet auctions. The company makes money through auction fees extended to vehicle buyers and sellers and by providing add-on services such as inspections, storage, transportation, reconditioning, salvage recovery, and titling. KAR Auction Services went public in late 2009.

        KAR Auction Services, Inc. Spotlight on IT

        Purchase Report
         
        $300

        Hoover’s Spotlight Reports on IT give you a look inside of IT departments of top companies, making it easier for you to learn, prepare, and sell to the IT professionals that lead them. These reports reveal the software and platforms that are currently in use, an overview of the IT department and their strategy, and the IT leaders that make the decisions.

         

        Sections Included in Report

        • Company Overview
        • IT Strategy
        • IT Highlights
        • IT Executives
        • IT Contacts
        • Recent News and Activity
        • Conversation Starters
        • Industry Data
        • Major Subsidiaries and Locations

          Information Technology Report Highlights

          • Company Overview

            Quickly grasp how company operates and understand their current business environment, ensuring you make the right first impression with minimal time invested.

          • IT Highlights

            Be in the know about a company's current infrastructure before you make contact with the list of applications, software, and hardware presently in use.

          • IT Contacts

            Uncover the roles and responsibilities of the management team and identify the correct decision maker, so you don't wast time talking to the wrong contact.

          • Conversation Starters

            Gain instant rapport by engaging you sales prospect as a fellow industry "insider," thanks to these carefully-designed call preparatiion question (with answers).

          • Major Subsidiaries & Locations

            Uncover new cross-sell and up-sell opportunities by exploring the company's corporate relationships.

          • Business Challenges

            Engage your prospects with solution selling that makes their life easier by first understanding their pain points.

          • IT Strategy

            Identify industry trends, opportunities, and challenges that a company is facing right now - often directly from the mouths of its own executives.

          • IT Executives

            Learn the background and technology interests of the company's IT executives, allowing you to strategically position your product in a way that's compatible with their vision.

          • Recent News & Activity

            Stay connected to your prospects and customers by communicating with them about recent developments that affect their business.

          • Industry Data

            Find the SIC and NAICS codes for the oftentimes disparate industries a company does business in to ensure your sales presentation delivers a wide-reaching and compelling value proposition.
          Purchase Report
           
          $300