Wednesday, August 3, 2022

KAR records $5.4M net loss, saw reduced conversion rates in Q2

KAR records $5.4M net loss, saw reduced conversion rates in Q2 https://ift.tt/SeJRbjB

KARsaid that while it brought in more profit per each vehicle it sold in the second quarter, its performance was affected by reductions in conversion rates across its digital and hybrid marketplaces.

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