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The focus areas that Executive Director John Brasher and Administrative Director Robert Sullivan outlined include technology, growth, and data analytics.
Along with audio/video, Manheim has added 360 interior imaging to Manheim Express, Manheim.com, and OVE users.
Former Manheim Milwaukee General Manager Dennis Worthy passed away on January 9, 2020.
Manheim launched its largest all-digital heavy truck auction on Jan. 8 at its Indianapolis, Indiana location, the company announced.
Wholesale values as of the second week of the new year are holding stable, which is the inverse of the heavy depreciation that late 2019 saw.
Black Book’s Used Vehicle Retention Index for December 2019 registered 113.3, representing a 0.7 point decline from the month before.
Manheim has promoted Joe Kichler to vice president of Manheim Logistics.
Overall car segment values decreased 0.26% last week, compared to 0.68% the week before. Overall truck segment values decreased 0.44% last week, compared to 0.71% the week before.
Overall car segment values decreased 0.68% last week, compared to 0.92% the week before. Overall truck segment values decreased 0.71% last week, compared to 0.85% the week before.
Analysts found that, as in 2018, consumers continued to abandon car segments in 2019. Light trucks are on track to account for more than 70% of overall new-car sales for 2019, while cars will account for less than 30% of new-car sales.