ATC-Onlane Expands Relationship with Chrysler Financial in Canada

    Dealers Across Canada to Have Increased Opportunity to Purchase Off-lease
Chrysler Financial Vehicles Via Open Online Marketplace

    TORONTO, August 7 /CNW/ - ATC-Onlane, the leading online auction company
in North America for automotive dealers to buy and sell wholesale vehicles,
today announced that it has expanded its relationship with Chrysler Financial
(CF) in Canada to offer its off-lease vehicles to all dealers nationwide via
ATC Onlane's open wholesale online auction. Building on CF's existing private
label online remarketing program called WebE.L.V.I.S., also operated by
ATC-Onlane, this new capability will give all registered Canadian dealers
access to CF vehicles in an open-bidding environment via ATC-Onlane's Open
auction site.

    "By expanding our relationship with ATC-Onlane, more dealers will be able
to take advantage of an online channel to better manage their used vehicle
inventory," said Don Wallace, National Sales and eRemarketing Manager,
Chrysler Financial Canada. "Offering our off-lease vehicles for sale in an
open, online environment is a natural extension of our current remarketing

    "We are excited that Chrysler Financial has decided to tap the expertise
of ATC-Onlane in order build on the success of the WebE.L.V.I.S. program, and
extend an open sale opportunity to all dealers," said Clive Kinross, senior
vice president of ATC-Onlane Inc. and president of the company's Canadian
operations. "ATC-Onlane's open online wholesale auction provides sellers with
increased market liquidity and broader industry exposure, which translates
into selling more of the right vehicles, to the right buyers, at the right

    About Chrysler Financial

    Chrysler Financial offers a complete line of world-class automotive
financial products and services for both retailers and consumers of Chrysler,
Jeep(R) and Dodge vehicles. In addition, Chrysler Financial offers vehicle
wholesale and retail financing, capital loans, mortgages and lines of credit
to all 470 Chrysler, Jeep, Dodge retailers. As an industry leader in
automotive financing, Chrysler Financial provides its customers with the most
innovative and efficient methods of doing business. For more information on
Chrysler Financial visit

    About ATC-Onlane

    ATC-Onlane, Inc. is the leading online auction company in North America
for automotive dealers to buy and sell wholesale vehicles. The company offers
proven, end-to-end auto remarketing solutions to auto manufacturers, captive
finance companies, lease and daily rental companies, financial institutions
and wholesale auto auctions throughout the United States and Canada. Since
1999, ATC-Onlane's products and services have enabled customers to reduce
cycle times, costs, and achieve greater profitability. For more information,
please visit or call +1 (866) 969-0321.

For further information:

For further information: Bateman Group for ATC-Onlane (Media) Bill
Bourdon, 415-503-1818 ext. 12 or Chrysler Financial
Jelena Jelich, 519-561-9627

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890