Former Volvo CPO Leader Moves to Remarketing Post at Hyundai Capital
By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time.
ATLANTA and IRVINE, Calif. –
A former leader of Volvo’s certified pre-owned program now has a remarketing post with Hyundai Capital America.
Auto Remarketing learned this week that Johnny Lee is now the manager of remarketing planning with the Irvine, Calif.-based company.
Lee was with Volvo Finance from 1997 to 2002, then Volvo Cars from 2002 to 2009.
His time with Volvo Cars included a post as retained value & remarketing manager from 2002 to 2005 and time as CPO, remarketing & rental fleet manager from 2005 to 2009.
Stay tuned to Auto Remarketing for more details on Lee’s new position as well as another U.S. used-vehicle leadership announcement involving a different import automaker.
More on Lender
Subscribe to Auto Remarketing to stay informed and stay ahead.
By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time.
Hyundai Capital America had one of the highest lease penetration rates spotted by Experian Automotive in a first-quarter 2012 analysis released this spring.
As reported in Auto Remarketing’s "Used-Car Market Intelligence Report," nearly 53 percent of its first-quarter new-vehicle financing was comprised of leases. This put the lender third among 10 ranked by Experian, as Hyundai Capital trailed only Mercedes-Benz Financial (76.21 percent) and BMW Bank of North America (56.92 percent).
