Used Car Wholesale

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Will Openlane Appoint A CFO Or Sell Itself, That Is The Question
Seeking Alphaยท 2025-03-18 16:24
Company Overview - Openlane (NYSE: KAR) is a leading player in the used car dealer-to-dealer wholesale marketplace, having sold 1.5 million cars last year [1] - The wholesale auto market consists of approximately 15 million units annually, with an average selling price of around $19,000 per vehicle [1] Market Position - Openlane holds a significant market share within the wholesale auto market, indicating its strong position and influence in the industry [1]