Ever thought that junk cars could be a great business? With repair costs exceeding vehicles’ market value, insurers are declaring more smashed cars as total loss. Salvage auto auctioneers are reaping ...

A rare McLaren Elva, one of only 149 ever built, has sold for $813,000 at a Copart salvage auction in Van Nuys, California, a steep discount compared to its current market value of more than $2 ...

McLaren's 1-of-149, windshield-less supercar can be yours at a hefty discount in a surprising Copart auction, but you'll need ...

A longtime Fargo auto parts business is closing its doors after more than 40 years. A sign on the door at Seventh Avenue Auto Salvage thanks customers for many years of patronage. An automated phone ...

DETROIT, Feb 27 (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 ...

The leader of America’s Group’s ultra-aggressive expansion strategy has taken another step up the corporate ladder. Chris ...

After completion of spin-off, KAR will focus primarily on its whole car auction marketplaces and technology solutions serving OEMs, captive financing companies, vehicle lending institutions, fleets, ...