OPENLANE, Inc. is a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles. The company offers end-to-end auto remarketing solutions to auto manufacturers, captive finance companies, lease and daily rental companies, financial institutions and wholesale auto auctions throughout the United States and Canada. OPENLANE powers online remarketing programs for American Honda Finance, Audi Financial Services, Avis Budget Group, BMW Financial Services Canada, Chase Auto Finance, Chrysler Financial, Porsche Financial Services, Southeast Toyota Finance, US Bank, Volkswagen Credit, among others.

Milestones
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OPENLANE added Paul Madera as Board Member.

Posted 4/19/11 at 7:06pm
OPENLANE added Peter Kelly as Chief Executive Officer. (1/1/11)

Posted 3/4/11 at 6:07am
OPENLANE added Jorge Borbolla as Co-Founder. (7/1/99)

Posted 6/21/10 at 9:30am
OPENLANE received $10M in Unattributed funding. (12/31/08)

Posted 1/12/09 at 4:46pm via venturebeat.com
OPENLANE was acquired by KAR Auction Services for $210M. (8/15/11)

Posted 8/15/11 at 9:05pm via dowjones.com