Canadian equipment marketplace Ritchie Bros Auctioneers Inc. said on Monday it would buy U.S.-based IAA Inc.in a deal valued at about $7.3 billion to diversify into the salvage vehicle market. The ...

Insurance Auto Auctions (IAA), Westchester, Illinois, has opened a new branch location in Commerce City, Colorado. The company, an auto salvage and auction firm, is a business unit of KAR Auction ...

DETROIT (Reuters) - Vehicle auction company KAR Auction Services Inc said on Tuesday it will spin off its salvage auction business unit within the next 12 months so both entities will be able to focus ...

KAR Auction Services leaders say spinning off the company's salvage auction unit — now set for completion in June — will help each of its auction businesses be more focused while returning value to ...

Insurance Auto Auctions is taking smartwatch convenience into the car-auction realm with its launch of an Apple Watch application that lets buyers view the status of vehicles in the bidding process ...

Two of the largest salvage auction companies are in different stages of their journeys as publicly traded companies. One on its way toward a first anniversary; the other breaking out silver to ...

Bank of America upgraded RB Global (NYSE: RBA) to Buy with a $120 price target citing improved risk-reward profile and growth potential.

Discover why Copart (CPRT) stands out in vehicle auctions with strong growth, global expansion, and solid returns.

This year's IAA Mobility show had plenty of hot new cars and SUVs—as well as grand statements for the future. It's an odd-numbered year, so it's time for the German IAA Mobility auto show! (An IAA ...