Tagged Manheim

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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Manheim to Invest $17M in Dealer Reconditioning Service

Manheim is investing $17 million into its Retail Reconditioning solution — a service that provides dealers an alternative to in-house reconditioning — to enhance its current reconditioning locations and develop proprietary technology to enhance the solution.

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Five Independent Auto Auctions Join DealShield Network

The five independent auctions that will be joining include Big Valley Auto Auction, Corpus Christi Auto Auction, Greater Milwaukee Auto Auction, Houston Auto Auction, and San Antonio Auto Auction.

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Manheim to Combine Marketplace Channels

The company will be leveraging its connection with Cox Automotive brands, along with companies in the inventory management, floor planning, reconditioning, and assurance and logistics industries to create the multi-channel marketplace, according to Manheim.

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