ServNet Enters Internet Remarketing Agreement with AutoTradeCenter
ServNet and AutoTradeCenter have announced the formation of a strategic remarketing partnership for online vehicle sales using ATC’s Internet auction platform. The ServNet program is scheduled to launch in October of 2003.
The ServNet/ATC online auction will list vehicles at all of ServNet’s auction locations both before and after vehicles run through physical auction sales, according to the companies.
“ATC’s online auction provides a proven, proactive online sales format for us to use nationwide,” said Don Reig, managing director for the ServNet Auction Group. “Our partnership with ATC provides ServNet with the technology to successfully operate in an online environment, including a support staff dedicated to giving ServNet clients additional sales exposure. The marketing flexibility and national buyer base are just some of the benefits our clients will realize.”
“Our partnership with ServNet,” said Steve Wheeler, vice president of sales for AutoTradeCenter, “is yet another positive step in blending the expertise, products and services of online and physical auctions to better satisfy our mutual client’s remarketing objectives. We look forward to working with the ServNet auctions in providing a comprehensive online sales and service capability.”
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 lseegan@autotradecenter.com.
About ServNet Auction Group
The ServNet Auction Group is comprised of 22 independently owned auto auctions located throughout the United States.
ServNet’s member auctions work together to enhance the full range of remarketing services they offer, which include reconditioning, transport, inventory financing, and Internet marketing tools.
ServNet auctions offer auction services to customers including new and used auto dealers, manufacturers, fleet and lease companies, banks and financial institutions.
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