KAR Global Announces Participation in Upcoming Investor Conference

Rhea-AI Summary

KAR Global (NYSE: KAR) has announced its participation in the upcoming BofA Securities 2021 Global Automotive Summit. The event will take place on March 30, 2021, at 3:00 pm Eastern. Key executives participating include Jim Hallett (Chairman and CEO), Eric Loughmiller (CFO), and Mike Eliason (Treasurer and VP of Investor Relations). A webcast of the presentation will be available on the company’s investor relations webpage.

KAR Global provides innovative remarketing solutions in the used vehicle industry, supporting transactions valued at nearly $30 billion in 2020.

CARMEL, Ind., March 23, 2021 /PRNewswire/ -- KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced its participation in the following investor conference:

• BofA Securities 2021 Global Automotive Summit
• KAR's Chairman and Chief Executive Officer, Jim Hallett, Executive Vice President and Chief Financial Officer, Eric Loughmiller and Treasurer and Vice President Investor Relations, Mike Eliason will be participating on Tuesday, March 30, 2021 at 3:00 pm Eastern

Webcast of the presentation will be made available under the investor relations section of the company's website, karglobal.com. 

KAR Contacts
Analyst Inquiries:	Media Inquiries:
Mike Eliason	Tobin Richer
(317) 249-4559	(317) 249-4521
mike.eliason@karglobal.com	tobin.richer@karglobal.com

About KAR

KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR Global's unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services, including the sale of nearly 3.1 million units valued at approximately $30 billion through our auctions in 2020. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in about 75 countries. Headquartered in Carmel, Indiana, KAR Global has employees across the United States, Canada, Mexico, Uruguay, U.K. and Europe. For more information and the latest KAR Global news, go to www.karglobal.com and follow us on Twitter @KARspeaks.

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SOURCE KAR Auction Services, Inc.

FAQ

What is KAR Global's participation in the BofA Securities 2021 Global Automotive Summit?

KAR Global will participate in the BofA Securities 2021 Global Automotive Summit on March 30, 2021, at 3:00 pm Eastern.

Who will represent KAR Global at the investor conference?

Jim Hallett (Chairman and CEO), Eric Loughmiller (CFO), and Mike Eliason (Treasurer and VP of Investor Relations) will represent KAR Global.

Where can I watch the KAR Global presentation from the conference?

The presentation can be watched via webcast on KAR Global's investor relations webpage.

What is the significance of the $30 billion value mentioned in the press release?

The $30 billion represents the total value of nearly 3.1 million units sold through KAR Global's auctions in 2020.