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Subsidy Tracker Parent Company Summary
Parent Company Name: KAR Auction Services
Ownership Structure: publicly traded (ticker symbol KAR)
Headquartered in: Indiana
Major Industry: miscellaneous services
Specific Industry: automotive auction services
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $12,687,023 | 12 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $12,687,023 | 12 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 1994. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2007.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Indiana | $12,650,000 | 5 |
New York | $37,023 | 7 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
ADESA NEW YORK LLC | New York | state | 2006 | $4,055 | | enterprise zone |
ADESA NEW YORK, LLC | New York | state | 2007 | $15,000 | | enterprise zone |
Greater Buffalo Auto Auction | New York | local | 2003 | $5,013 | | tax credit/rebate; property tax abatement |
Greater Buffalo Auto Auction | New York | local | 2004 | $4,368 | | tax credit/rebate; property tax abatement |
Greater Buffalo Auto Auction | New York | local | 2005 | $3,694 | | tax credit/rebate; property tax abatement |
Greater Buffalo Auto Auction | New York | local | 2006 | $3,777 | | tax credit/rebate; property tax abatement |
Greater Buffalo Auto Auction | New York | local | 2007 | $1,116 | | tax credit/rebate; property tax abatement |
ADESA Boston Auto Auction | Massachusetts | state | 1994 | undisclosed | | tax credit/rebate |
KAR Auction Services | Indiana | state | 2012 | $4,500,000 | | tax credit/rebate |
KAR Auction Services | Indiana | state | 2012 | $200,000 | | training reimbursement |
KAR Auction Services, Inc and Subsidiaries | Indiana | state | 2018 | $6,450,000 | | tax credit/rebate |
KAR Auction Services, Inc and Subsidiaries | Indiana | state | 2018 | $500,000 | | training reimbursement |
KAR Auction Services, Inc and Subsidiaries | Indiana | state | 2019 | $1,000,000 | | tax credit/rebate |