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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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"And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.
No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.
Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.
Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html
This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.