Tagged Manheim

Rental Risk Unit Mileage Falls 13%

In December, the average mileage on rental risk units sold (38,600 miles) was similar to recent months, but it was 13% lower than a year ago, according to Manheim. The Manheim Index for December finished at 124.9, a decline of 0.6% year-over-year.

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Manheim Cincinnati Expanding

Manheim Cincinnati is adding four lanes and has created a new sales schedule to improve dealer efficiency.

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Maserati Partners with Manheim to Centralize Remarketing Process

Maserati North America has partnered with Manheim to centralize its processes for wholesaling vehicles, including revamping its fleet management program and the liquidation of its off-lease, buyback, and company-owned units.

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Element Honors Manheim Auctions with Remarketing Awards

Element Fleet Management has honored several Manheim sites for best-in-class performance at the 18th annual Remarketing by Element awards.

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Manheim Names Four GM Positions

Manheim has appointed four general manager positions at locations in Georgia, Arizona, and New Mexico.

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Monthly Wholesale Prices Continue to Slide, Manheim Says

Wholesale used vehicle prices declined 1% in November, continuing the downward trend that was 0.7% last month, according to Manheim's Used Vehicle Value Index.

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Manheim Touts Mobile Auction Advantages

Manheim’s Mobile Auction program has generated the highest sale rates among Manheim channels, including, in-lane, mobile, and online auctions. Manheim clients are now averaging 70% sale rates using the platform, which utilizes a fleet of mobile trucks, buses and “auction in a box” portable technology units, according to Manheim.

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Chase Auto Finance Honors Manheim Auctions

Several Manheim Auctions were honored during the 18th annual Chase Cup for Auction Excellence Awards by Chase Auto Finance for their performance in several different categories related to vehicle remarketing.

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Wholesale Used-Vehicle Prices Decline in October, Manheim Says

Wholesale used-vehicle prices declined in October 0.7% and non-seasonally adjusted prices declined 2%, showing a downward trend for all vehicle segments in recent months.

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Manheim Hires Asst. GM of Customer in Calif.

Manheim has hired Aaron Cervantes as its assistant general manager of customer at its Riverside, Calif., auction facility, the company announced.

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