Tagged Manheim

Cox Names SVP of Logistics for Inventory Solutions

Jim Williams will succeed Patrick Brennan, who previously served in the position but was recently promoted to senior vice president of Inventory Solutions’ Marketplace.

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Wholesale Prices Decline for Third Straight Month: Manheim

Wholesale used-vehicle prices decreased 0.74% month over month in January. This brought the Manheim Used Vehicle Value Index to 131.0, a 4.9% increase from a year ago but the lowest level since last July.

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Manheim's Digital Sales Reach 40% in 2017

In 2017, 40% of vehicles sold at Manheim were purchased through a digital screen versus in-lane, reported Manheim in a recent announcement. This meant that through 2017, 2 million vehicles at Manheim auctions were purchased through a digital transaction.

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Manheim's Logistics Solutions Sees Growth in 2017

Both of Manheim’s logistics solutions saw growth in 2017. Through both solutions, a little under 9 million vehicles were touched by Manheim's logistics solutions, the company stated.

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Wholesale Prices Continued Monthly Decline in December

Manheim’s used vehicle value index — which tracks how wholesale used vehicle prices change month-to-month — for December came in at 132, 1.91% month-over-month decrease and an increase of 5.6% year-over-year.

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Cox Automotive Appoints VP of Manheim Digital Marketplace and RMS Automotive

In his new role, Hallowell will direct and coordinate the overall domestic and global operational activities for digital channels such as Simulcast, OEM-specific marketplaces, Manheim.com, and OVE, along with RMS Automotive and its global business, the company stated.

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Manheim Names VP of Offsite Solutions

Manheim has expanded the role of its vice president of digital inventory solutions Derek Hansen, bringing on additional responsibilities and a new title, according to a company announcement.

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2017 Fleet Depreciation Aided By Hurricanes

Typical seasonal highs and lows were disrupted this year due to a run of natural disasters destroying hundreds of thousands of vehicles and causing a surge in replacement activity. Overall fleet depreciation improved this year.

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Vehicle Remarketing's Top 10 Stories of 2017

Given the scope of Hurricanes Harvey and Irma, news about the natural disaster and the effect that it had on the used car market held several top spots on the list of top articles of the year.

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BMW Financial Sells 75% of Vehicles in Simulcast Auction

Nearly 75% of the BMW vehicles offered during Manheim's first open digital block sale for BMW Financial were sold during the auction, according to Manheim.

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