Active International announced that John Schuetz has been named vice president of automotive products, responsible for developing a broad range of remarketing asset management alternatives for auto manufacturers and related automotive industries.

Schuetz brings more than 29 years of experience to Active. He most recently was general manager for Daewoo Motor America and is a frequent presenter at auction industry events, including Bobit Publishing’s Conference of Automotive Remarketing (CAR). Schuetz is a member of the board of directors for the International Automotive Remarketers Alliance (IARA) and the National Wholesale Automotive Dealers Association.

Active’s automotive remarketing program allows companies to recover full value from impaired or under-performing automotive assets. Active acquires these assets at up to wholesale value in exchange for cash or trade credits that can be used to purchase business-related services that ordinarily would be purchased using cash.

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