Tuesday, Mar. 03, 2020, 08:35 AM
In light of the COVID-19 coronavirus outbreak, KAR Global is taking a precautionary measure, announcing a temporary air travel restriction for its employees through March 31.
In a news release, KAR stressed that this temporary measure is a proactive one, and “and not in response to any heightened or specific threat of exposure or spread of the virus across its 200 operating locations and communities.”
As part of the restriction, KAR has decided not to participate in a few upcoming industry events and has cancelled in-person customer events and meetings where air travel is needed.
However, the company emphasized that its operating locations will remain open. That includes its 75 auto auctions, which continue to host sales as scheduled. KAR’s online and mobile marketplaces will also remain open.
“Safety is always one of KAR Global’s highest priorities, and this includes protecting the health and wellbeing of our employees, their families and the communities in which we live and work,” KAR chairman and chief executive Jim Hallett said in a news release.
“While reports on the extent of the outbreak and the severity of infection have been inconsistent, there is no question the virus is capable of impacting large populations and geographies,” Hallett said. “We’re committed to doing whatever we can to help reduce the risk of exposure and any further spread of this virus.”
Dealers can visit KARGlobal.com for updates and ADESA.com for physical sales schedule changes.
“To be absolutely clear, we remain fully operational and open for business,” Hallett added. “But we continue to monitor this evolving situation and will strictly adhere to any federal, state and local measures or mandates.
“Should any locations become locally impacted, we have contingency and business continuity plans in place to mitigate any disruption to our business. And our online and mobile app marketplaces will continue to provide dealers a digital alternative to attending sales in-person.”
Source : AutoFinanceNews
