TORONTO – ATC-Onlane, an online auction company in North America for automotive dealers to purchase and sell wholesale vehicles was awarded the 2007 Chase Cup Internet Auction of the Year Award by Chase Auto Finance. Honored for its ATC Open online auction and continued excellence in customer service and technology leadership, ATC-Onlane received the award during a ceremony at the 2007 National Remarketing Conference in Las Vegas.

“ATC-Onlane’s innovative approach to auto auctions and its continued dedication to customer service excellence make it a worthy recipient of this award,” said Lynn Wolver, first vice president, national remarketing manager, Chase Auto Finance. “ATC-Onlane helped Chase refine our process and pricing models so we could sell more off-lease vehicles and save more money. Because of its unique position as an online auction, ATC-Onlane can share great insights about dealer behavior so we get the best return on our remarketing.”

The Internet Auction of the Year Award is part of the annual Chase Cup Awards. Each year, Chase recognizes exceptional performance and customer service from leaders in the automotive auction community.