Openlane Inc

KAR

Company Profile

  • Business description

    Openlane Inc provides a digital marketplace for used vehicles, connecting sellers and buyers in North America and Europe for fast and transparent transactions. Its services include financing, repossessions, repairs, transportation, warranty, and inventory management. The company operates used-vehicle auctions and has two main segments: Marketplace and Finance, with majority revenue coming from the Marketplace segment, which to used vehicle remarketing, including marketplace services, remarketing, or make ready services and all are interrelated, synergistic elements along the auto remarketing chain. The Finance segment, through AFC engaged in business of providing short-term, inventory-secured financing to independent vehicle dealers.

  • Contact

    11299 North Illinois Street
    Suite 500
    CarmelIN46032
    USA

    T: +1 800 923-3725

    E: [email protected]

    https://corporate.openlane.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Auto & Truck Dealerships

    Fiscal Year End

    31 December 2025

    Employees

    4,800

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