AutoTradeCenter Signs Licensee Agreement with Nafta Trading Corp. to Launch ATC Canada
AutoTradeCenter, Inc. (ATC) announced the signing of a Licensee Agreement with Nafta Trading Corp., a wholly owned subsidiary of a Canadian public company in the business of sourcing automobiles in the Canadian marketplace and remarketing them in the western United States out of Lethbridge, Alberta Canada. The Canadian company will utilize ATC’s branding and proven technology infrastructure to operate an Internet “Open Auction” site for Canadian dealers similar to it’s American counterpart but operates as a separate company, publicly controlled and managed by it’s own executive team and staff.
“We are truly excited by this opportunity,” comments Roger L. Butterwick, president of AutoTradeCenter, Inc. “and look forward to working with the seasoned remarketing professionals of Nafta Trading Corp. to make the Canadian Open Auction a successful remarketing channel for Canadian vehicles and Canadian dealers.”
“ATC has been a tremendous help, providing invaluable training in areas such as dealer support services and pre-and post-sales procedures for its proven technology platform” states Tom Carter, president of AutoTradeCenter Canada. “Our initial launch for the on-line auction, which will operate under the trade name of AutoTradeCenter Canada, is scheduled for September 2003, and we are targeting the western Canadian provinces. Over the coming months, we look forward to expanding our program to Canadian dealers throughout the country.”
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 U.S. ATC powers successful remarketing programs for such companies as Audi, American Honda Finance, 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., please visit www.autotradecenter.com.
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