OPENLANE, Inc.
Price
Key statistics
- Forward rate
- $0.76
- Yield
- 2.14%
- Payout ratio
- 0.00%
- Frequency
- Quarterly
- 2020-03-19$0.19
OPENLANE, Inc. is a digital marketplace and financial services company focused on wholesale used vehicles. OPENLANE connects automotive manufacturers, dealers, fleet operators, rental companies, and financial institutions through technology-driven marketplaces that support vehicle sourcing, selling, logistics, inspections, reconditioning, titling, and other remarketing services. Its business is organized into Marketplace and Finance segments, with Marketplace providing online vehicle trading and related services across North America and Europe, and Finance offering short-term, inventory-secured floorplan financing mainly to independent dealers in the United States and Canada. Headquartered in Carmel, Indiana, OPENLANE plays a central role in the wholesale automotive ecosystem by streamlining transactions and supporting the movement of used vehicle inventory across commercial channels.
- Sector
- Consumer Cyclical
- Industry
- Auto & Truck Dealerships
- CEO
- Mr. Peter J. Kelly
- Employees
- 4,032
- Headquarters
- Carmel, IN, United States
- Website
- corporate.openlane.com