There is no doubt that the Dieselgate scandal has left the Volkswagen group battered and bruised, but the post-Dieselgate era also represents a new reality for the car industry in general and the second-hand market in particular. OPENLANE too has noticed a large shift in engine choice among end consumers – and this is a…
The corona crisis affected numerous professionals in a negative way. Others can however make profit from the situation by playing it smart, such as international car traders. The corona crisis has had a negative impact on the car market, which does not mean that traders cannot reap the benefits. For example, the crisis affecting various…
When the time approaches for you to renew your range of second-hand cars, it is always worth taking a look at how the market is developing and anticipating the trends that will colour the sector. An empty showroom and (hopefully) a full cash register are the perfect conditions to go through the market in a…
When it comes to business growth, the only way is up. And so, OPENLANE is going north. We recently signed a partnership agreement with KED Finland, a leading automotive consulting company in Finland, to enter the Nordic market. We’re excited to announce that KED Finland brings a lot of regional expertise to the table. Why…
Are you ready to hear about a clever new tool? It’s time to take a closer look at ‘Ultimo’. Ultimo gives the highest bidder—and only the highest bidder—an extra five minutes to put in their best and final offer after an auction ends. Ultimo: After-auction bidding Let’s say you’re the highest bidder when the auction…
At OPENLANE we know that every car lover has a favorite sports car. Let’s see if the famous drivers from the F1 world have made the right choice for their own cars in everyday life. Dreaming away is allowed… 1. Lewis Hamilton: Pagani Zonda 760LH The British triple world champion likes to show off his mundane…
Original text: Frank jacobs – Fleet Europe In February, Belgium-based OPENLANE acquired GWListe, a German online car trade network. Why? “GWListe has a very nice footprint on the German market. Combining our volumes will make us the third-largest auctioneer in Germany, increasing our relevance on the biggest automotive market in Europe”. How does GWListe fit…
OPENLANE, an online car auction platform that provides services across Europe, records sharp increases in activity in 2020, despite the coronavirus pandemic. OPENLANE has compared the numbers of new buyers who registered for the first time in 2019 with those who registered for the first time in 2020. They have identified a large increase in…
The German car brands Mercedes and BMW are probably one of the biggest rivals in the international automotive market. In 2016, BMW celebrated its centenary – and a century of technological rivalry with Daimler’s Mercedes-Benz. In the newspapers, Benz, who can claim the invention of the car in 1886, congratulated the Bavarian enemy in an…
Digital Wholesale Auction Platform to Anchor Company’s European Operations and Expansion CARMEL, Ind. – November 28, 2018 – KAR Auction Services, Inc. (NYSE: KAR), a global automotive remarketing and technology services company, announced it has reached a definitive agreement to acquire Belgium-based OPENLANE (OPENLANE). The potential transaction is valued at approximately 91 million euros in…