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Given how the COVID-19 pandemic has evolved, the company has extended its Simulcast-only sales past its original April 3 end date.
Wholesale used vehicle prices increased 1.35% month-over-month in February, bringing the Manheim Used Vehicle Value Index to 143.5, which is 6.2% higher than it was at the same time in 2019.
Manheim will implement Simulcast-only sales at all of its U.S. locations effective March 16 to April 3, following the ongoing public health and safety concerns of COVID-19.
Companies such as Manheim and ADESA have invested time and money to bolster the digital side of their business to meet the demands of this growing field, and so have fleet management companies.
Manheim has updated its Manheim.com website with a new look and faster access to favorite tools, new standards for vehicle information across channels, and an enhanced Simulcast experience.
Manheim is facilitating dealer-to-dealer sales through Express Direct, a new offering that is accessed through the Manheim Express app.
These personalized vehicle suggestions are driven by M LOGIC, a suite of advanced decisioning products from Manheim that bring the power of Cox Automotive data to the remarketing industry.
Tom Rastelli will take the helm at Manheim Albany while John Duplanty will take over leadership of Manheim Portland.
Along with audio/video, Manheim has added 360 interior imaging to Manheim Express, Manheim.com, and OVE users.
Former Manheim Milwaukee General Manager Dennis Worthy passed away on January 9, 2020.