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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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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The average daily sales conversion rate increased to 62.5%, showing that demand improved relative to February.
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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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The Automotive Remarketing Alliance recognized a disaster relief fund namesake for his charitable actions and the first-time recipient of a new industry honor, during the Conference of Automotive Remarketing.
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The I-15 charging infrastructure will be suited to all electric fleets, including light- to medium-duty vehicles.
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Year-to-date sales in commercial, rental, and government fleet sectors are scraping 600,000 vehicles sold.
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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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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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The company’s SmartHaul TMS platform allows dispatchers to send SMS and MMS messages seamlessly to any device or app drivers are using.
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