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Business Briefs

KAR completes acquisition of BacklotCars

KAR Auction Services, Inc., dba KAR Global has completed the acquisition of BacklotCars, Inc.

In recent months, KAR has evolved to a 100 percent digital model, and the addition of BacklotCars further advances the company’s digital transformation strategy. BacklotCars’ customers will see benefits from their network of facilities where the company has invested heavily to streamline and digitize its storage, inspection, remarketing and reconditioning operations.

Published in the December 2020 Edition

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