Business Description
OPENLANE Inc. is a digital wholesale marketplace connecting used vehicle buyers and sellers across the United States, Canada, and Europe. Through its core platform, the company helps dealers, fleet operators, rental companies, and financial institutions buy, sell, and move used vehicles, while also offering supporting services such as transportation, inspections, and reconditioning. Its finance arm provides independent dealers with short-term inventory loans and title services to keep their operations running smoothly. Headquartered in Carmel, Indiana, and formerly known as KAR Auction Services, the company has operated in this space since 2006.
