Wholesale values for used vehicles reach a record-high of 127.9, while new vehicle sales dropped 2% compared to last year.
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Manheim Orlando will save $133,000 per year by using indoor and outdoor LED lighting at its 268-acre auction facility, Manheim has announced.
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Andy White beat out a field of 15 finalists in the final round of the 2017 World Automobile Auctioneers Championship, claiming the title of 2017 Automobile Auctioneer World Champion and taking home $12,500 in prize money, according to a Manheim announcement.
Read More →A 0.5% on a month-over-month increase in wholesale used vehicle prices (on a mix-,mileage, and seasonally adjusted basis) in April, brought Manheim’s Used Vehicle Value Index to 124.7%, representing a 1.6% year-over-year increase and the first time this year that the index has risen on a month-over-month basis, according to the company.
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Manheim has pulled from Cox Automotive’s network of companies to promote three leaders to general manager roles, according to a company announcement.
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Manheim has named Peter Grupposo as vice president of dealer sales and Holly Capps as vice president of inventory solutions commercial and wholesale sales, according to a company announcement.
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Overall wholesale used-vehicle prices (on a mix-, mileage-, and seasonally-adjusted basis) improved 0.5% month-over-month in April. On a year-over-year basis in April, only pickups saw gains greater than the overall market.
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More than 100 auctioneers will compete in Manheim Pennsylvania Auto Auction's 2017 World Automobile Auctioneers Championship (WAAC) on May 12 during a one-day event to determine the best auctioneer, ringperson, and two-person team for $12,500 in prize money.
Read More →A new co-listing capability being offered by RMS Automotive and Manheim is allowing open sale vehicles listed on manufacturers’ digital sales platforms powered by RMS Automotive to be simultaneously offered on Manheim.com and OVE, according to a company announcement.
Read More →Manheim has announced three key sustainability goals for 2017: offsetting carbon emissions by 3,000 tons at its facilities, saving 2.5 million gallons of water, and achieving zero waste to landfill at one site.
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