Can anyone use OPENLANE?
To register with OPENLANE, customers must provide legitimate company and VAT credentials. They are also required to allow us to check their activities. For this reason, they must provide us with their NACE codes. If you fit this criteria, please follow this link to register with us. As co-founder, president and chief executive officer of OPENLANE, Kelly led the company from startup to the scaleup of what is now the leading online wholesale auction platform in North America sustaining more than one million transactions per year.Carmel, IN – KAR Auction Services, Inc. NYSE:KAR) announced today that it has successfully completed the acquisition of OPENLANE, Inc. OPENLANE is a North American online automotive auction company that provides a market for online buyers and sellers of wholesale vehicles.
What are the benefits of using OpenLane?
Here are some of the key benefits of using OpenLane: Flexibility and extensibility: OpenLane is designed to be flexible and extensible, allowing designers to customize the flow to meet their specific needs by developing Python scripts (plugins) and utilities or by modifying the existing configuration file. OpenLane is an automated RTL to GDSII flow based on several components including OpenROAD, Yosys, Magic, Netgen, CVC, SPEF-Extractor, CU-GR, Klayout and a number of custom scripts for design exploration and optimization. The flow performs full ASIC implementation steps from RTL all the way down to GDSII.
Does Carvana own OPENLANE?
The American division of Openlane was divested and sold to the American company Carvana in 2022. However, Openlane still maintains a large presence in 50 European countries. KAR Global, which acquired the online auction platform Openlane in 2011, will anchor the next era of the company on that name, CEO Peter Kelly said in a news release. Kelly was Openlane’s CEO at the time of its acquisition. The corporate name will change to Openlane Inc.The American division of Openlane was divested and sold to the American company Carvana in 2022. However, Openlane still maintains a large presence in 50 European countries.With OPENLANE, you get both. Take back time for yourself and your dealership when you buy digitally on OPENLANE. Spend more time focusing on your customers and less time driving to and from auctions and waiting for vehicles to hit the lanes. OPENLANE lets you easily source and buy cars anytime, anywhere.
What is the company profile of OPENLANE?
OPENLANE, Inc. The Company facilitates a marketplace providing auction services for sellers and offers used and salvage vehicles through physical auction locations and multiple proprietary Internet websites. OPENLANE serves customers worldwide. Let’s walk through using Openlane because it’s actually pretty straightforward with easy steps. Log in and click Find Cars to narrow down your search using filters. You can also save your searches for viewing them at a later time.