New Symbol Aligns Branding, Reflects Transformation and Growth CARMEL, Ind., Dec. 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, today announced it will change its New York Stock Exchange (NYSE) ticker symbol from "KAR" to "OPLN." The change will take effect at the open of trading on December 26, 2025. No action is required by the company's stockholders. "Two and a half years ago, we rebranded our company to OPENLANE and aligned ...

Core Insights - OPENLANE, Inc. has launched Audio Boost AI, a new feature aimed at enhancing dealer confidence and speed in vehicle evaluations by providing high-quality engine audio recordings and AI-generated highlights of potential issues [1][2][3] Group 1: Product Features - Audio Boost AI is embedded in the vehicle condition report for every dealer-consigned vehicle, allowing for quick benchmarking against a "normal" engine sound [1][2] - The tool utilizes an AI model trained on over 1.2 million engine recordings, enabling dealers to identify issues faster and make informed decisions [2][3] - Colored alert banners indicate the status of potential issues, with green for no issues and yellow for reported issues, enhancing consistency and trust in the evaluation process [2][3] Group 2: Market Impact - The introduction of Audio Boost AI is expected to provide dealers with unprecedented clarity regarding vehicle conditions, helping them make better decisions [3] - This innovation builds on previous technologies like Visual Boost AI and Code Boost IQ, reinforcing OPENLANE's commitment to leveraging cutting-edge technologies in the wholesale vehicle market [3][5] - The feature aims to streamline the wholesale process, allowing dealers to focus more on retailing rather than wholesaling [2][3]