Active International, a corporate trading firm, has named John Schuetz as vice president of Automotive Products. In his new role, Schuetz will be responsible for developing a broad range of remarketing asset management alternatives for auto manufacturers and related automotive industries. He will be working out of Active's Los Angeles and New York offices.

Schuetz was most recently general manager of Daewoo Motor America. He brings 29 years of experience to Active in automotive retail marketing, fleet sales, and international remarketing for manufacturers including Ford, Fiat, Kia and Daewoo. A frequent presenter at auction industry events such as CAR conferences, NIADA, NAAA, and IARA, Schuetz is also a contributor to top industry publications including Automotive Fleet, Auto Rental News, Used Car News, Fleet Remarketing, and Automotive News. Additionally, Schuetz is a member of the Board of Directors for the International Automotive Remarketers Alliance and the National Wholesale Automotive Dealers Association. Previously, Schuetz held the position of associate board member at the National Independent Automobile Dealers Association.

"In today's uncertain economy, the auto industry is grappling with sluggish sales and finicky customers," said Fredrick Fuest, chief operating officer of Active International. "John's deep knowledge of the automotive industry will provide vision and leadership for Active International and will help strengthen and expand the services we offer that enable the auto industry to achieve greater value from excess inventory and generate significant cash flow savings."

Active says its 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 a combination of cash and trade credit. The seller is able to recoup full value and create liquidity by redeeming the trade credit to purchase media or other business-critical services that would normally be purchased with 100 percent cash, says the company.

About Active International

Founded in 1983, Active International is a global trading company acquiring under-performing assets at up to wholesale or retail value in exchange for cash or a trade credit used to offset operational costs. Active works with companies in more than 60 industries to trade inventory in one part of the world, remarket it in another and receive media, goods or services in yet a third. With gross trading volume of $1 billion, Active employs more than 450 professionals in 19 offices in the U.S. and around the world. Headquartered in Pearl River, N.Y., Active is an employee-owned company.