“As Manheim expands its operations into China, it is important to develop partnerships with the Chinese dealer industry,” Hess said. “This visit by CADA was a great opportunity for us to begin to build those relationships.”
Through the aid of a translator, Hess discussed the U.S. wholesale auto auction process with Ganping. CADA members had inquired about U.S. practices such as fee structures, the block ticket process, and the importance of reconditioning.Manheim recently opened its first auction facility in China when the Manheim Guo Pai Auction in Shanghai held its first sale on Sept. 20. The facility will celebrate its official grand opening with a ceremony and sale Nov. 29.
Fan Ganping (right), vice president, Shanghai International Commodity Auction Company and Manheim's joint venture partner in China, and Dewey Hess, general manager of Manheim's Aloha Auto Auction.