CNBC News Corrections

The ringman gestures to buyers for car dealers during an automobile auction at the Adesa facility in Houston, Texas, U.S., on Wednesday, Sept. 6, 2017. Adesa is a unit of KAR Auction Services Inc.
Car auction company KAR goes 100% digital years ahead of schedule amid pandemic

CORRECTION: This article has been updated to reflect that the total value of cars in the dealer-to-dealer auction market is projected to be $15 million.