As part of its long-term growth strategy to invest in emerging markets, has Manheim announced that it has purchased a majority stake in CarBizz, an auction operation based in São Paulo.
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Auctions America’s second annual California sale bested the company’s 2013 results in every category.
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The roar of car engines and the chants of auctioneers are mixed with the sounds of hammer blows and the rumble of paving equipment as ServNet auctions around the country work to finish expansion projects.
Read More →These closed sales are open only to GM dealerships and are designed to help them build their pre-owned vehicle inventories.
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As a result of this integration, all auctions on the Edge ASI system will have the ability to receive updated NextGear Capital credit availability and originate floor plan transactions through the AuctionACCESS platform.
Read More →While a variety of factors can affect vehicle conversion rates at auction, in a recent study, Manheim revealed that the presence of a physical title at the time of sale can potentially double vehicle conversion rates.
Read More →Manheim Detroit and Manheim Orlando were among five auctions to receive General Motors Regional Auction Operational Awards for the first quarter of 2014.
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Topping the list of featured consignors at DAA/OKC’s Mid Year Party Sale are Ally Auto Remarketing Santander Consumer USA, Avis/Budget Group, Littleton Motors, Midwest Car, and Hertz Corp.
Read More →Utilities in Michigan, Oklahoma, Illinois, and North Carolina looking to expand or replace their existing fleets will have four opportunities and more than 1,800 pieces of equipment and vehicles to choose from.
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To get the most value from a used truck, fleet managers looking to auction their units should do a little research and be thoroughly prepared.
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