Manheim has rolled out its Limited Powertrain Inspection, the company’s first inspection product for higher mileage vehicles to include structural, engine, transmission, transfer case, and hybrid/electric battery in the inspection guarantee, according to a company announcement.
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While wholesale used-vehicle prices declined by 0.5% in March, the Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — came to a reading of 124.1. This is an increase of 1.3% from a year ago.
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The $17 million investment will bring a bevy of enhancements to the Manheim California, Manheim Riverside, Manheim San Diego, and Manheim Southern California locations.
Read More →Element Fleet Management recently awarded Manheim Chicago with the “Above and Beyond” Award, according to a company announcement.
Read More →Two of four vehicles stolen from Manheim Milwaukee's auction lot earlier this month were recovered after they were involved in accidents near the auction.
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Rental risk units were up from a year ago due to mix shifts and mileage changes as well as a weakness in the used vehicle market last year, according to Manheim. The Manheim Used Vehicle Value Index stood at 124.6 for February.
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Manheim has opened its first auction in Arkansas with Manheim Little Rock, and will hold weekly sales. The company's expansion into Arkansas was driven by dealer demand in an under-served area in the U.S., the company said.
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Manheim has appointed three new general managers at its El Paso, Texas; Birmingham, Ala.; and Omaha, Neb. locations in an effort to drive future region growth, according to a company announcement.
Read More →Manheim Detroit will be holding, what the company is calling, one of the largest truck-only sales on Feb. 23 at 9:30 a.m.
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Manheim has appointed five new general managers in the central and west regions. Four of the appointments come from within the company, while one of the appointments comes from outside the company.
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