Tagged Manheim

Manheim: Used-Car Reports Signal Stability

While wholesale used-vehicle prices declined by 0.5% in March, the Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — came to a reading of 124.1. This is an increase of 1.3% from a year ago.

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Manheim Investing $17M in Four Southern California Auctions

The $17 million investment will bring a bevy of enhancements to the Manheim California, Manheim Riverside, Manheim San Diego, and Manheim Southern California locations.

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Manheim Chicago Recognized with Service Award

Element Fleet Management recently awarded Manheim Chicago with the “Above and Beyond” Award, according to a company announcement.

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Stolen Manheim Milwaukee Units Involved in Accidents

Two of four vehicles stolen from Manheim Milwaukee's auction lot earlier this month were recovered after they were involved in accidents near the auction.

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February Pricing for Risk Units Up 5% YOY

Rental risk units were up from a year ago due to mix shifts and mileage changes as well as a weakness in the used vehicle market last year, according to Manheim. The Manheim Used Vehicle Value Index stood at 124.6 for February.

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Manheim Opens First Arkansas Auction

Manheim has opened its first auction in Arkansas with Manheim Little Rock, and will hold weekly sales. The company's expansion into Arkansas was driven by dealer demand in an under-served area in the U.S., the company said.

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Manheim Names Three New General Managers

Manheim has appointed three new general managers at its El Paso, Texas; Birmingham, Ala.; and Omaha, Neb. locations in an effort to drive future region growth, according to a company announcement.

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Manheim Detroit to Feature Over 1,000 Trucks in Upcoming Sale

Manheim Detroit will be holding, what the company is calling, one of the largest truck-only sales on Feb. 23 at 9:30 a.m.

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Manheim Appoints Five General Managers

Manheim has appointed five new general managers in the central and west regions. Four of the appointments come from within the company, while one of the appointments comes from outside the company.

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Used Vehicle Volume Grew 6% in '16

The National Auto Auction Association (NAAA) estimates that its members sold 9.9 million vehicles in 2016, a 6% improvement over the year before, according to Manheim’s 2017 Used Car Market Report.

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