OPENLANE, Inc. operates a digital wholesale marketplace for used vehicles, connecting automobile dealers, manufacturers, fleet operators, rental companies and other commercial sellers with buyers. The company facilitates vehicle auctions and sales through online platforms and physical auction locations, helping customers source, sell and manage wholesale vehicles.
Its services include online and in-person auctions, vehicle inspections, condition reporting, transportation, title and registration support, reconditioning, and other transaction-related services. OPENLANE’s platforms are designed to streamline the wholesale vehicle process from vehicle remarketing through purchase and delivery.
The company was formerly known as KAR Auction Services, Inc. and adopted the OPENLANE name as part of its broader digital-marketplace strategy. It serves customers primarily in North America, with operations and marketplace activity also extending to select international markets. OPENLANE is headquartered in Carmel, Indiana, and is led by Chief Executive Officer Peter Kelly.
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