Cox Automotive named Joe George senior vice president of Manheim Vehicle Solutions. He will responsible for strategy to execution, driving the wholesale and retail solutions long-term plan related to reconditioning, imaging purchase protection and inspections.
Manheim has nearly tripled the number of auctions offering enhanced vehicle imaging (EVI), expanding from 25 to 74 locations throughout North America, the company said this week
Manheim has appointed John Eriksen as general manager of Manheim Baltimore-Washington, according to a company announcement. In his new role, he will concentrate on serving clients and improving their auction experienced, the company stated.
Manheim has named Derek Hansen vice president of digital inventory solutions and Angela Babin vice president of retail solutions.
June wholesale used-vehicle prices reached their highest level in four years, rising for the third consecutive month, according to Manheim.
Wholesale used-vehicle prices increased again in May, suggesting dealers have continued to achieve efficiency gains that allow them to bid-up auction prices even as gross margins narrow, according to Manheim’s Used Vehicle Value Index.
Cox Automotive announced this week that it has expanded Manheim into Quebec City. According to the company, this marks the second auction in the province of Quebec, following Manheim Montreal’s success.
Manheim announced three promotions this week, naming Kevin Cook, Jesse Nelson and Bonnie Williams general managers as part of an effort to develop talent and execute on its business objectives.
Dealertrack announced today the appointment of Richard Evans to vice president and general manager of Dealertrack Canada. He officially takes the helm of Dealertrack Canada on April 25.
Wholesale prices fell for the third straight time in March, but Cox Automotive’s Tom Webb said the softening is no cause for alarm.
