Kar auction services, inc. reports first quarter 2022 financial results

Kar expects to close the transaction selling its adesa u.s. physical auction business to carvana, with the proceeds expected to reduce debt kar reported consistent revenue from continuing operations for the first quarter, gross profit per vehicle sold increased year-over-year to $255 continued growth in digital dealer-to-dealer volumes were driven by industry-leading platforms, backlotcars and traderev carmel, ind. , may 3, 2022 /prnewswire/ -- kar auction services, inc. (nyse: kar) today reported its first quarter financial results for the period ended march 31, 2022.
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