Since his inauguration eighteen months ago, Donald Trump has stepped up his attacks on trade with Europe. After having imposed higher tariffs on European steel (+25%) and aluminium (+10%), he is seriously considering imposing tariffs of 2.5% to 20 or 25% on non-American cars. In the light of the actions of the Trump administration, Europe…
Article written by Effective Media – The analysis and opinions expressed in this article are those of the author only and not those of OPENLANE Europe. “Semiconductors.” Until recently, the word was hardly known, but these days, it is often under discussion. After all: the fact that your car, Playstation or computer will be delivered…
Vortex Capital Partners and ABN AMRO Participaties have acquired a majority stake in OPENLANE, the online auction site for used cars. The participation is part of the new growth strategy and objective of OPENLANE to exceed the threshold of 100,000 vehicles sold. OPENLANE (OPENLANE) is an online car auction platform for car traders. The company…
OPENLANE, the online vehicle auction website, has launched game-changing features to guide customers towards immediate auction success, making vehicle auctions more exciting than ever before. OPENLANE is not just a frontrunner in the online vehicle auction industry. They are innovators. Renowned for their innovative approaches and excellent customer service, the Belgian headquartered company has been…
UK – Q&A with Jonathan Holland, Managing Director, OPENLANE UK Apr 20, 2022 What wholesale trends have you seen over Q1? With leasing companies still working through new car supply challenges, defleet activity was subdued across the remarketing sector. While the order banks for new cars is now quite large, the supply is still not…
As a second-hand car trader, you are keen on finding the right cars for the right price. The creation of added value is often key to obtain attractive margins and make more profit. This list of easy and low-cost tricks can help to improve the quality of the used vehicles you are selling and boost…
Humans have always needed effective ways to transport loads of all sizes. Since the middle of the 20th century, this need has driven a real industrial revolution in the world of vans. We have seen the launch of new vehicles that are now a key part of Motoring Heritage and are still being developed to…
Dear buyer, You’re already aware that everyone at OPENLANE is committed to making buying and selling as quick and efficient as humanly possible, and as enjoyable as legally allowed. It’s why we’re constantly tweaking our systems and adding new functions and options. What are they? Bid withdrawal We are currently testing this new option with…
Over the past couple of years, the Corona pandemic has presented a lot of unexpected challenges. But it’s not all doom and gloom. It has also created an opportunity to rethink how we do business and find solutions that will continue to benefit us long after Corona is behind us for good. We’re excited about…
Buying and maintaining a car can quickly cost a fortune nowadays. This is why many consumers explore the used car market, where they feel protected by the statutory warranty offered by the traders. As a result, unforeseen (and especially expensive) repairs are an absolute nightmare for second hand traders, who see their margins evaporate when…