Vehicle Remarketing

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Upstream Remarketing

SmartAuction Adds Off-Lease Nissan, Infiniti Units

SmartAuction will begin listing off-lease Nissan and Infinity vehicles on its platform as part of an agreement between the company, Nissan Motor Acceptance Corp. (NMAC), and Infiniti Financial Services (IFS), according to a company announcement.

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RMS Automotive Enhances PSA Group's Dealer Portal

RMS Automotive has enhanced its MOVE dealer web portal for French manufacturer PSA Group's vehicles. PSA Group uses the upstream remarketing platform in 22 countries to for Peugeot, Citroen and DS Automobiles brands.

Online Marketplace Shift Draws BMW Investment

Online used vehicle marketplace Shift has raised $38 million in a series C round of funding led by BMW's venture capital business unit, iVentures. Other participants included DFJ, Highland Capital, G2VP, and Goldman Sachs Investment Partners.

Honda Redesigns CPO Website

Honda has released a newly redesigned certified pre-owned (CPO) vehicle website meant to provide an easier and more focused experience for its CPO segment, which has grown by 6.8% this year, according to a company statement.

RMS, Manheim Expand Upstream Listings

A new co-listing capability being offered by RMS Automotive and Manheim is allowing open sale vehicles listed on manufacturers’ digital sales platforms powered by RMS Automotive to be simultaneously offered on Manheim.com and OVE, according to a company announcement.

BMW Offers Off-Lease Inventory to Non-BMW Dealers

BMW Financial Services has made BMWGroupDirect.com accessible to independent and non-BMW franchise dealers. BMWGroupDirect allows any registered dealer online access to BMW Group’s national inventory of off-lease vehicles.

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