TORONTO– ATC-Onlane, an online auction company, announced that it has expanded its relationship with Chrysler Financial (CF) in Canada to offer its off-lease vehicles to all dealers nationwide via ATC Onlane’s open wholesale online auction. Building on CF’s existing private label online remarketing program called WebE.L.V.I.S., also operated by ATC-Onlane, this new capability will give all registered Canadian dealers access to CF vehicles in an open-bidding environment via ATC-Onlane’s Open auction site.
“By expanding our relationship with ATC-Onlane, more dealers will be able to take advantage of an online channel to better manage their used vehicle inventory,” said Don Wallace, National Sales and eRemarketing Manager, Chrysler Financial Canada. “Offering our off-lease vehicles for sale in an open, online environment is a natural extension of our current remarketing program.”
“We are excited that Chrysler Financial has decided to tap the expertise of ATC-Onlane in order build on the success of the WebE.L.V.I.S. program, and extend an open sale opportunity to all dealers,” said Clive Kinross, senior vice president of ATC-Onlane Inc. and president of the company’s Canadian operations. “ATC-Onlane’s open online wholesale auction provides sellers with increased market liquidity and broader industry exposure, which translates into selling more of the right vehicles, to the right buyers, at the right price.”