Friday, May 18, 2012
NewsNow
Openlane Sees Growth in New Year

Openlane Inc. announced the companys Certified Auction Partner (CAP) program has experienced tremendous momentum in its first full year of operation.

Since launching in the fourth quarter of 2009, the program has signed more than 45 auction partners, with several more relationships pending and momentous growth for the program expected for 2011. Openlane CAP program partners are currently listing approximately 2,000 vehicles per day to the open auction at www.openlane.com. In addition, through the first three weeks of January, listings have grown significantly with program sales increasing approximately 400 percent compared to the same period in 2010.

Openlanes CAP Program provides an additional sales channel and revenue stream for independent physical auction companies to remarket vehicles online at Openlane.com.


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