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Used Vehicle Sales Fall 3% in June

Used Vehicle Sales Fall 3% in June

The used industry's seasonally adjusted annual rate (SAAR) was 39.8 million during June, down from the 41.1 million SAAR from the same time last year, according to Cox Automotive estimates.

July 15, 2019

Manheim Names VP of Reconditioning
Manheim Debuts First All-Digital Auction
How Digital Sales at Manheim Began and Where They're Heading
Manheim Gives Dealers Direct Access to Central Dispatch

Manheim Gives Dealers Direct Access to Central Dispatch

Manheim announced a new integration designed to make it easier for dealers to schedule transportation for vehicles they buy at wholesale. Manheim's buyers now have seamless access to Central Dispatch's digital shipping platform to directly list vehicles on Central Dispatch.

May 14, 2019

Cox Automotive Invests $30M in 3D Imaging Company

Cox Automotive Invests $30M in 3D Imaging Company

The investment will benefit Cox's Manheim by creating a partnership that will provide Manheim with 3D, 360-degree images, of the vehicles available on Manheim's online marketplace.

April 15, 2019

Manheim Orlando Gets $4.8M Recon Center

Manheim Orlando Gets $4.8M Recon Center

Manheim cut the ribbon on a new, 80,000-square-foot body shop and reconditioning center at the auction provider’s Orlando, Fla., center Tuesday. The new facility is the product of a nearly $5 million investment in Manheim’s second largest wholesale location.

April 11, 2019

Wholesale Market's Slow 2019 Start Sped Up in March

Wholesale Market's Slow 2019 Start Sped Up in March

The lull that the wholesale market experienced through January and February was upended in March, as the industry saw the traditional spring bounce in values, according to the most recent Manheim Index report.

April 8, 2019

NAAA, IARA Give Manheim's Peluso Industry Icon Award

NAAA, IARA Give Manheim's Peluso Industry Icon Award

Nick Peluso, president of Manheim Digital Marketplace, received the Ed Bobit Industry Icon award on Tuesday during an award ceremony at the 2019 Conference of Automotive Remarketing at the Caesars Palace in Las Vegas.

March 26, 2019

Westlake Announces Remarketing Awards

Westlake Financial Services has selected America's Auto Auction Harrisburg as its auction of the year and named five auctions that were the top in their regions in 2018.

March 25, 2019

Manheim Reconditioning Exec Speaking at CAR

Manheim Reconditioning Exec Speaking at CAR

Ben Flusberg, associate vice president of Manheim's new M Logic suite of products, will speak at the 2019 CAR Conference on March 26 about ways to optimize reconditioning spend.

March 12, 2019

VADA Adds Manheim Express as Partner Program

VADA Adds Manheim Express as Partner Program

The Virginia Auto Dealers Association has named Manheim Express a partner program. Directors said the mobile app will help VADA’s approximately 450 dealer members gain wholesale efficiencies and make more money.

February 22, 2019

Manheim Auctions See Used Values Grow in January

Manheim Auctions See Used Values Grow in January

This growth was in large part fueled by the strong performance of lower-priced vehicles. Compact cars and midsize cars, in specific, saw the strongest growth among all vehicle segments and outperformed the overall market.

February 13, 2019

Manheim Bringing Personalized Features to Online Platforms