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Auctions

Newsby StaffApril 8, 2024

Wholesale Auction Sales Rise Slightly But Show Strength

Fleet/lease sales were responsible for the increase in auction volume in the first quarter as dealer sales fell 5.4% YOY and fleet/lease sales rose nearly 29%.

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Newsby News/Media ReleaseApril 5, 2024

Manheim Pennsylvania Raises Funds for Young People with Disabilities

The charity events included more than 2,000 classic, specialty, and exotic vehicles that raised $86,000 to provide recreational opportunities.

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Newsby News/Media ReleaseApril 5, 2024

Wholesale Used-Vehicle Prices Declined in March

The average daily sales conversion rate increased to 62.5%, showing that demand improved relative to February.

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Newsby News/Media ReleaseApril 5, 2024

Manheim Names Four New General Managers in Large Cities

The veteran leaders bring a combined 60 years of experience at Manheim and worked their way up through formative roles in auction operations.

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Newsby Amy HercherApril 2, 2024

PurCo, Bynx Launch Vehicle Inspection App

By providing time-stamped photos for vehicle inspections, the vehicle inspection app helps rental car companies establish a complete inspection history for a vehicle.

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Newsby News/Media ReleaseApril 1, 2024

New VIN-Specific Tech to Log EV Battery Conditions

The devices will capture electric vehicle battery health information and transmit that information to Manheim CRs and vehicle detail pages, where battery health information will be displayed on Manheim.com listings.

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Newsby Martin RomjueMarch 9, 2024

Consignor Leaders to Appear on Transport Logistics Panel

CAR24: A March 28 session brings together big names in vehicle consignment to lay out their expectations for transporting vehicles headed to auctions.

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Newsby News/Media ReleaseMarch 8, 2024

Cox Automotive Plans Fifth Technician Training Center

The centers are designed to address the industry’s skilled-labor shortage, develop future talent, increase business and client efficiencies, and position Manheim’s reconditioning operations for EV growth.

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Newsby Martin RomjueMarch 5, 2024

Leading Businesses Out of Bad Cultures and Through Hard Times

CAR24: Former automotive and family entertainment executive explains why his March 27 message is more relevant than ever.

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Newsby Martin RomjueMarch 4, 2024

Facing the Tough Questions About Electric Vehicles

CAR 2024: With skepticism and criticism of EVs growing, an expert panel will address the latest headlines to separate the media hype and distortions from the relevant facts.

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