Openlane Inc (KAR) USD0.01
$0.11
(0.63%)
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$0.11
(0.63%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
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SIPP
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Fund and Share Account
Business summary
OPENLANE, Inc. provides sellers and buyers across the global wholesale used vehicle industry with technology-driven remarketing solutions. It offers a digital marketplace for used vehicles, connecting sellers and buyers across North America and Europe. The Company's end-to-end platform supports whole car, financing, logistics and other ancillary and related services. The Company’s segments include Marketplace and Finance. The Marketplace segment serves a domestic and international customer base through digital marketplaces for wholesale vehicles that allow the buyers to inspect and compare vehicles. Its marketplace offerings allow it to offer vehicles for sale from any location. Digital marketplace sales are initiated online and include OPENLANE US, OPENLANE Canada and OPENLANE Europe sales. The Finance segment provides short-term, inventory-secured financing, known as floorplan financing, primarily to independent dealer customers throughout the United States and Canada.
Contact details
Important dates
General stock information
- Short code:
- KAR
- ISIN:
- US48238T1097
- Market cap:
- $1.89 billion
- Shares in issue:
- 108.94 million
- Sector:
- Diversified Support Services
- Exchange:
- New York Stock Exchange
- Country:
- United States
- Currency:
- US dollar
- Indices:
- n/a
Key personnel
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
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SIPP
or
Fund and Share Account
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