Manheim New England recently hosted its third annual “Touch-A-Truck Event,” a philanthropic event that benefited two young children born with congenital heart defects.
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Manheim announced the addition of two new, dealer-facing features to the Manheim Express mobile app, both available now.
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The new location, located in Ontario, Calif., stands eight stories tall and holds 27 vehicles.
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Nick Peluso, a 30-year veteran of the remarketing industry and leader at Manheim since digital auction sales were a burgeoning idea, will retire at the end of the year.
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To increase dealer confidence in purchasing decisions within the wholesale used-vehicle marketplace, Manheim is introducing flat-rate pricing for automatic post-sale inspections, providing dealers a hassle-free way to reduce their risks and help ensure vehicles bought at auction are in the expected condition.
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The number of unsold new cars and light trucks at U.S. dealerships reached nearly 3.8 million at the start of August, a 71-day supply.
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TradeRev has expanded its digital platform to two new markets: Kansas City, Mo. and Minneapolis, the company announced.
Read More →John Brasher and Robert Sullivan will head ServNet's executive team and will assume leadership of the auction group on Jan. 1, 2020 after longtime ServNet CEO Pierre Pons steps down.
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The average interest rate for a new-vehicle loan dropped for the third month in a row in July, hitting its lowest level of 2019, according to Edmunds.
Read More →ADESA has created a new role to direct and activate the team that develops relationships with its large-scale buyers and sellers.
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