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Disclaimer: The views and analysis provided
Chart 3 herein relate to the vehicle remarketing
industry as a whole and may not relate
directly to KAR Global. The views and
analysis are not the views of KAR Global,
its management or its subsidiaries; and their
accuracy is not warranted.

Tom Kontos is Chief Economist, KAR Global,
parent company of ADESA. He has over 25
years of experience in the wholesale vehicle
remarketing industry and is a pioneer in the
analysis of used vehicle market trends. In
this role, he interfaces with members of the
CPO sales fell 16.5% month-over-month Source: Analysis is based on over seven media, Wall Street, and automotive analysts,
in November and recovered only modestly million annual sales transactions from dealers and key KAR Global clients to provide
(up 2.5% m/m) in December, according over 250 of the largest U.S. wholesale auto information and insight on economic trends
to figures from Autodata. CPO sales on a auctions, including those of ADESA as in the vehicle remarketing industry, of which
year-to-date basis through December, were well as other auction companies. KAR KAR Global is a leading player. Mr. Kontos
up 5.1% compared to 2020 but down 2.5% Global Analytical Services segregates these is a Washington, D.C. native who grew up
versus 2019. t transactions to study trends by vehicle model in the Maryland suburbs and earned his
class, sale type, model year, etc. Mineral Resource Economics degrees at Penn
State University. tom.kontos@karglobal.com.

Chart 4

MIDATLANTIC DEALER NEWS | MIDATLANTICAUTODEALERSUNITED.ORG • FEBRUARY 2022 | 9