Articles

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Lawsuits deluge operator of towing business

Brian Fenner, owner of Sperro Towing and Recovery and a former repo man, has been sued at least 14 times since October 2014 in Marion and Hendricks county courts, with lenders demanding he give back dozens of cars worth hundreds of thousands of dollars.

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PROXY CORNER: KAR Auction Services Inc.

KAR Auction Services Inc., 13085 Hamilton Crossing Blvd., Carmel 46032, is the holding company for ADESA Inc., which operates used-vehicle auctions at 67 locations; Insurance Auto Auctions Inc., which operates salvage auctions at 163 locations; and Automotive Finance Corp., which provides floorplan financing at 104 locations.

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Gavel flies on muscle car auction

"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.

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Ex-execs return to Adesa

Less 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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