Tagged Manheim

Manheim Opens Fourth North Carolina Location

Manheim Wilmington is the fourth permanent Manheim location in North Carolina. Manheim built the two-lane facility through a partnership with D&C Mitsubishi.

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Manheim, ADESA Resume Florida Operations

Manheim and ADESA reopened their Florida auction facilities on Tuesday, as Hurricane Irma moved north toward Tennessee.

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Manheim Used Vehicle Value Index Peaks

Wholesale used vehicle prices — on a mix-, mileage-, and seasonally adjusted basis — increased 0.75% month-over-month in August, bringing the Manheim Used Vehicle Value Index to a record high of 131.3.

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Manheim to Close Florida Auctions Ahead of Irma

Manheim has closed its Puerto Rico facility and will close four of its Florida auctions on Friday ahead of Hurricane Irma's expected landfall in Florida over the weekend, according to the company.

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Houston-Area Auto Auctions Get Back to Business

Houston's auto auctions have begun assessing the impact of Hurricane Harvey so they can resume full business activity to supply replacement vehicles for those who lost cars, trucks, and SUVs in the flood.

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Consumer Confidence High in Healthy Auto Market

Households have set a new nominal record for debt, according to Manheim Chief Economist Jonathan Smoke’s Industry Insights. This, the report added, is a sign that consumer confidence is high and that credit is readily available

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Manheim Improves Vehicle Valuation Tool

Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.

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Manheim Gearing Up Celebrations for Auction Week

Manheim is gearing up to celebrate the National Auto Auction Association-sponsored Auction Week, according to a company announcement.

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Manheim's Cadigan Retires After 40-Year Career

Jay Cadigan will retire from Manheim, capping a 40-year career in the remarketing industry that included stints at auctions, as well as leasing companies and rental car operators.

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Manheim Used Vehicle Value Index Rises in Third Consecutive Month

The streak continued in July, with the Manheim Used Vehicle Value Index recording its third consecutive record in July. Driven by the 0.75% month-over-month increase in wholesale used-vehicle prices, the index rose 2.6% from a year ago to 130.1, according to the firm.

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