Openlane Inc

NYSE:KARUnited States

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 Information

Headquarters

11299 N. Illinois StreetCARMEL, IN, United States 46032

Phone

800-923-3725

Fax

302-636-5454

Executives

Independent Non-Executive Chairman of the Board

Michael Kestner

Chief Executive Officer, Director

Peter Kelly

Chief Financial Officer, Executive Vice President

Brad Lakhia

President of AFC

William Mitchell

Executive Vice President, Chief People Officer

Lisa Price