Openlane Inc (NYSE:KAR)
$ 16 -0.21 (-1.3%) Market Cap: 1.73 Bil Enterprise Value: 2.04 Bil PE Ratio: 0 PB Ratio: 1.30 GF Score: 80/100

KAR Auction Services Inc at Barclays Global Automotive Conference Transcript

Nov 17, 2021 / 01:40PM GMT
Release Date Price: $15.75 (+1.74%)
X. Lu
Barclays Bank PLC, Research Division - Research Analyst

Great. Good morning, everyone, and thank you for joining Barclays Autos and Mobility Conference. My name is Mario Lu with the Barclays Research Internet team. With us this morning is Peter Kelly, CEO of KAR Global; and Eric Loughmiller, CFO of KAR Global. KAR is a leading marketplace for North America, used cars and also in Europe. So Peter and Eric, thank you for joining us this morning.

Peter J. Kelly
KAR Auction Services, Inc. - CEO & Director

Thank you, Mario. Good morning to you.

Questions & Answers

X. Lu
Barclays Bank PLC, Research Division - Research Analyst

Great. Well, let's dive straight in. This is the first time, I believe you guys are at our conference. So I want to give our viewers a bit of background on KAR, specifically your origin nature of your business.

Peter J. Kelly
KAR Auction Services, Inc. - CEO & Director

Yes. Great. Thank you. We're delighted to be here, Mario,

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