News
Manheim Index Shows Used-Vehicle Wholesale Prices Up 2.1% in June
The market is seeing stronger appreciation in older used vehicles this year, and the most affordable segments have been among the year’s best performers.
Read More →The market is seeing stronger appreciation in older used vehicles this year, and the most affordable segments have been among the year’s best performers.
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ServNet has added FastLane Auto Exchange, a Michigan-based auction, to its network of auctions, making it the auction group’s 23rd location nationwide.
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Insurance Auto Auctions Inc. has opened a new facility in Flint, Mich. for its salvage auctions, the KAR Auction Services division has announced.
Read More →Ryan Edwards has joined Dealers Auto Auction of Murfreesboro as the auction’s general manager.
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KAR Auction Services, Inc. has reached a definitive agreement to acquire CarsOnTheWeb (COTW), an online auction company serving the wholesale vehicle sector in Continental Europe, according to a company announcement.
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Manheim has invested $1.8 million in a new 11,000 square-foot mechanic shop for Manheim San Antonio, according to a company announcement.
Read More →Manheim has promoted four of its associates to general manager and expanded the roles of another, the auction company has announced.
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Manheim will invest $13 million over the next three years in a wide-ranging program to create a safety culture at its auctions, the Atlanta-based company announced.
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Manheim has expanded its mobile auction network this year, and plans to expand its network further into new cities in the northeast, Midwest, mid-Atlantic, and southeast in order to meet dealer and consignor demand for remarketing options in those cities.
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The new location is located in Bruchmühlbach-Miesau, near Mannheim, Germany.
Read More →Manheim has relocated its Logistics Solutions platforms — which include its Ready Logistics and Central Dispatch operations — to Phoenix in order to support the transport needs of its shippers, carriers, and the evolving mobility sector.
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