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Auto auctions
Slower sales curb results at Adesa parent
November 3, 2011
J.K. WallCarmel-based KAR Auction Services suffered a 16-percent decline in its adjusted profit, missing analyst expectations.
MoreIndiana classic car auction sees attendance jump
September 5, 2011
Associated PressOfficials of the company that has taken over a long-running classic car auction in northeastern Indiana say they believe it
has bounced back from the financial and legal troubles of its former owner.
MoreFormer auction house owner Kruse released on bond
August 31, 2011
Associated PressFormer auction house owner Dean V. Kruse has been released on bond after surrendering to face a theft charge out of Pennsylvania
alleging that he never paid a man $38,000 for selling an antique hearse.
MoreEmbattled auctioneer wanted in Pennsylvania
August 30, 2011
Associated PressNortheastern Indiana officials have issued an arrest warrant for embattled former auction house owner Dean V. Kruse, who has
faced years of legal battles over his business practices.
MoreIndiana State Fairgrounds to host collector car auction billed as world's largest
May 7, 2011
IBJ StaffLast year’s Mecum auction at Indianapolis reported gross sales of $41.7 million and drew more than 30,000 people.
MoreKAR Auction reports higher profit, revenue
November 4, 2010
The auction company had revenue of $445.3 million in the quarter ended Sept. 30, a 4-percent increase from same quarter of
2009. Profit tripled, to $25.6 million.
MoreAuto auction's new owner calls first event a success
September 7, 2010
Associated PressAuctions America by RM, which bought the former Kruse Auction Park in Auburn two months ago, said more than 25,000 people
attended this past weekend's event, during which sales topped $13 million.
MorePopularity of old cars indicates economic recovery
June 5, 2010
IBJ StaffSales of Eisenhower-era Eldorados and Kennedy-era Corvettes provide signs of hope.
MoreSuspended Kruse hopes to keep famous auction going
May 26, 2010
Associated PressKruse's attorney said his 69-year-old client would like to find some way to keep the annual auction alive, possibly by finding
another auction company to run this year's event.
MoreGavel flies on muscle car auction
May 19, 2010
IBJ Staff"My Name is Earl" and "Charlie's Angels" cars are among the more peculiar offerings
at the 1,750-vehicle
Mecum Auction Co. collector car sale that runs through Sunday at Indiana State Fairgrounds.
MoreEx-execs return to Adesa
May 21, 2007
Chris O'MalleyLess than two years after being driven out of Adesa Inc. as unceremoniously as a Buick down its auction lanes, James Hallett
is back behind the wheel of the nation's No. 2 wholesale vehicle-auction company.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.