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.
Read More →
ATLANTA – Manheim's Butler Auto Auction in Cranberry Township, Pa., has joined the Total Resource Auctions (TRA) network of salvage wholesale auctions and will hold salvage sales under the TRA Pittsburgh banner.
Read More →PORTLAND, OR – TitleAuctions, Inc. has selected Black Book as its preferred source for valuation of credit union repossessed collateral.
Read More →ATLANTA – AutoTrader.com and Auto Dealer Monthly announced Ray Fidel, CEO, Drive Time, as the winner of the Top Independent Retailer Award. Drive Time, a privately held corporation with 93 locations, sold 54,778 retail units in 2005. Ray Lyle, owner, Nice Cars, Inc., located in Georgia, was the runner-up.
Read More →ATLANTA – Kevin Freudenberg and Joann McKay have been promoted to new positions in Manheim's customer relations and strategies department with General Motors.
Read More →AUBURN HILLS, MI – Chrysler Group reported that its Five Star dealers posted a record May with Certified Pre-owned Vehicle (CPOV) sales rising 28 percent to 10,176 units.Year-to-date sales also increased 14 percent to 50,539 units, establishing the company's best year-to-date sales ever.
Read More →ATLANTA - Subscribers to Manheim's inventory optimization tool will now have more choices in determining vehicle values with the addition of the N.A.D.A. Official Used Car Guide Company's values to existing vehicle valuations from Manheim Market Report (MMR) and Edmunds True Market Value (TMV), standard in the Manheim POINT product.
Read More →MENLO PARK, CA – AutoTradeCenter, Inc. (ATC) has launched a new online auto auction site, ATC Open, a full-service online marketplace that allows licensed dealers to acquire wholesale vehicles more cost efficiently than physical auctions.
Read More →ATLANTA – Wholesale used-vehicle prices (mix, mileage, and seasonally adjusted) declined in May for the fourth consecutive month. The Manheim Used Vehicle Value Index now stands at 112.9, which represents a 0.7-percent gain from a year ago and a rise of 10.3 percent from the cyclical trough that occurred in April of 2003.
Read More →MT. ARLINGTON, NJ – The International Automotive Remarketing Alliance (IARA) has announced there are a limited number of Gold ($4,000), Silver ($2,000), and Sponsor ($1,000) level sponsorships still available for the Annual IARA Summer Roundtable Series, held July 26-28 at the Omni Hotel in San Diego.
Read More →ATLANTA – Manheim recently acquired the Southwest Florida Auto Auction in Fort Myers, Fla., making it Manheim's 89th North American auction location.
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