Article: Allied Holdings' Axis Group Announces Entry Into Canadian Remarketed Vehicle Market.

DECATUR, Ga., June 21 /PRNewswire/ -- Allied Holdings, Inc. (NYSE: AHI) announced today that its wholly owned subsidiary, Axis Group, Inc., has acquired four vehicle-remarketing centers in Canada from GE Capital Fleet Services. At the same time, Axis entered into a four-year agreement to process GE Capital Fleet Services' off-lease vehicles at these same facilities. This is Axis' first entry into the Canadian market.

Axis purchased the assets and will continue to operate the vehicle remarketing centers located in Montreal, Toronto, Calgary and Vancouver. At these centers, off-lease vehicles are reconditioned for resale through closed auctions to licensed auto ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!