Used Car NewsUsed Car News

  • ABG 167.33 +0.64 - +0.92%
  • AN 57.43 +1.36 - +2.43%
  • CACC 0.00 +2.65 - +1.83%
  • CAR 56.43 +0.63 - +1.14%
  • CARZ 37.52 +0.95 - +2.62%
  • CPRT 37.00 -0.05 - -0.15%
  • CPSS 7.15 -0.04 - -0.56%
  • CRMT 45.98 +0.26 - +0.57%
  • DAI N/A - N/A
  • F 14.09 +0.14 - +1.00%
  • FIATY 0.00 0.00 - 0.00%
  • GM 31.40 +0.62 - +2.01%
  • HMC 32.50 +1.47 - +4.80%
  • HTZ 21.85 +0.25 - +1.15%
  • KAR 33.34 +0.33 - +1.10%
  • KMX 56.19 +0.15 - +0.27%
  • LAD 80.00 +2.22 - +2.94%
  • MZDAF 0.00 +1.9439 - +9.00%
  • NSANY 0.00 +0.81 - +4.59%
  • PAG 45.50 +0.84 - +1.89%
  • SAH 29.81 +0.29 - +1.18%
  • TM 121.98 +5.49 - +4.74%
  • TRAK 51.71 +1.24 - +2.71%
  • TSLA 241.70 +3.04 - +1.27%
  • TTM 48.88 +1.34 - +2.93%
  • VLKAY 0.00 +0.61 - +1.45%
  • VROM N/A - N/A

Featured News

CarMax Opens Another Store
CarMax Inc. celebrated its first store in Reno, Nev.

The store, located at 35 Auto Cente...

Read more

Former Auction Owner Gets Three Years
A former auction owner will spend three years in prison for defrauding car dealers.
Michael L...

Read more

IAA Expands in Texas
Insurance Auto Auctions Inc. announced the acquisition of two facilities from Auction Systems, a Wes...

Read more

Big Banks Win Over Small Businesses
Overall satisfaction among small-business banking customers is rebounding from last year as big bank...

Read more

CarMax Opens Another Store
Former Auction Owner Gets Three Years
IAA Expands in Texas
Big Banks Win Over Small Businesses

Used Car News | Home

NextGear Capital Unveils Expansion

nextgearNextGear Capital Inc. held a ribbon-cutting ceremony to introduce the latest addition to its corporate campus. The expansion adds a second building to its Carmel operations to accommodate ongoing growth.

With more than 100 people in attendance, including state and local dignitaries and industry leaders, Brian Geitner, president of NextGear Capital, dedicated the new facility, bringing the company's total square footage of office space to more than 80,000. He also announced plans to add an additional 225 jobs over the next 18 to 24 months.

NextGear Capital currently employs 200 at their Carmel headquarters and more than 400 nationwide.

As keynote speaker, Indiana Gov. Mike Pence shared his excitement about the company's growth and what it means to the state of Indiana.

Manheim President Sandy Schwartz and Carmel Mayor James Brainard also spoke on what the expansion brings to the industry and the City of Carmel, respectively.