OPENLANE is a provider of used vehicle auctions and related vehicle remarketing services in North America and Europe. Co. also provides ancillary services, including transportation, reconditioning, inspections, marshalling, titling, collateral recovery services and floorplan financing. Co. operates as two reportable business segments: Co.'s subsidiaries, ADESA, Inc. (ADESA) and Automotive Finance Corporation (AFC). Through its ADESA segment, Co. is a provider of whole car auctions and related services to the vehicle remarketing industry in North America. Through its AFC segment, Co. is a provider of floorplan financing to independent used vehicle dealers.
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Buy (2.80 out of 4) 17th percentile
(ranked lower than approx. 83% of all stocks covered)
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