Manheim Announces Plans to Grow Auction Network and Services
Manheim plans to grow both its digital and physical space to better facilitate its growth in users.
Manheim plans to grow both its digital and physical space to better facilitate its growth in users.
Manheim kicked off its month-long “Pump Up Your Volume” campaign on Monday, It's designed to promote inventory from key consignors as well as Manheim's large selection of sought-after luxury and non-luxury certified pre-owned vehicles.
The former Cox Automotive executive will be responsible for developing executive initiatives designed to improve dealer and commercial client satisfaction and profitability.
Cox Automotive Canada, through its Manheim Canada operation, has acquired complete ownership of Manheim Source Edmonton. The auction will now operate as Manheim Edmonton.
Manheim Kansas City took home top honors in Element Fleet Management’s remarketing program. Manheim Pennsylvania Assistant General Manager Amy Taitano also received the Laurie Dobberphul Award — the annual award presented to a top-ranking female in the remarketing industry.
Manheim revealed on Monday plans to segment its physical operating locations into two divisions: Local & Mobile and National. The firm also revealed the two vice presidents who will oversee the two divisions when the company’s new structure goes into effect on Jan. 1, 2016.
Used-vehicle prices were up nearly 3% in the third quarter from a year ago, according to Manheim’s Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season.
Sixteen Manheim locations received top honors from Chase Auto Finance and Enterprise Holdings at the 67th annual National Auto Auction Association convention.
Manheim recently unveiled a new indoor vehicle inspection facility and the Kelley Blue Book Resource center at its California Service Center in Riverside, Calif.
Used-vehicle values remained in line with expectations during the second quarter, according to Manheim.