AutoTradeCenter, Inc. (ATC) announced Oct. 29 the online remarketing of off-lease vehicles from M&I Dealer Finance, Inc. (M&I), a financial services corporation headquartered in Milwaukee, Wis., on ATC’s Open Auction platform. The program is scheduled for rollout this month.
ATC’s Open Auction online remarketing channel was selected as a complimentary enhancement to M&I’s current program of selling front-line ready lease returns to a select dealer body in the Midwest. “ATC’s Open Auction registered base, of thousands of dealers nationwide, offers M&I an exciting opportunity to expand their remarketing presence and increase sales,” said Brian Fox, assistant vice president for M&I Dealer Finance. “We chose AutoTradeCenter as a partner due to the company’s successful program results with many top level remarketers across the country.”
“M&I’s portfolio of late-model, reconditioned vehicles is ideal for ATC’s Open Auction,” said Stephen G. Wheeler, vice president of sales for AutoTradeCenter. “ATC has developed a comprehensive online remarketing program for financial institutions, of all sizes, to make it easier than ever to take advantage of the many cost savings and benefits from upstream Internet remarketing.”
About AutoTradeCenter, Inc.
AutoTradeCenter, Inc. (ATC) is an Internet-based business-to-business automotive remarketing company offering its services to automobile manufacturers, captive finance companies, lease and rental companies, and financial institutions across the United States.
ATC powers remarketing programs for such companies as Audi, American Honda Finance, Hyundai, Isuzu, American Suzuki Motors, Volvo Finance North America, Daimler Chrysler Financial Services, Volkswagen, Enterprise Rent-a-Car, Subaru of America as well as banks and financial institutions.
For more information on AutoTradeCenter, Inc., visit www.autotradecenter.com or e-mail Public Relations at lseegan@autotradecenter.com.
About M&I Dealer Finance, Inc.
M&I Dealer Finance, Inc., is a full service retail and lease provider headquartered in Milwaukee, Wis.
M&I Dealer Finance offers financial products along with customer service to more than 1,500 automobile dealerships in Arizona, Illinois, Indiana, Iowa, Michigan, Minnesota, North Dakota and Wisconsin.
M&I Dealer Finance, Inc., is a subsidiary of M&I Marshall & Ilsley Bank, an affiliate of Marshall & Ilsley Corp., a diversified financial services corporation headquartered in Milwaukee, Wis., with $33.7 billion in assets.
For more information about M&I Dealer Finance, Inc., visit www.mibank.com/dealerfinance.
