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Manheim

Manheim Expanding Mobile Auction Network

Manheim has expanded its mobile auction network this year, and plans to expand its network further into new cities in the northeast, Midwest, mid-Atlantic, and southeast in order to meet dealer and consignor demand for remarketing options in those cities.

Manheim Centralizes Logistics, Dispatch

Manheim has relocated its Logistics Solutions platforms — which include its Ready Logistics and Central Dispatch operations — to Phoenix in order to support the transport needs of its shippers, carriers, and the evolving mobility sector.

Manheim Investing $100M in Digital Platforms

This investment follows years of online sales growth for Manheim. During the first half of 2018, digital sales for Manheim grew by 45% year-over-year. In 2017 sales were up 39% year-over-year during the same time period.

Auctions Return to Business Following Florence

Used-vehicle auctions have started resuming regular business hours following the effects of Hurricane Florence, which had less of an impact on the U.S vehicle market than Hurricanes Harvey and Irma in 2017.

Hurricane Florence Closes N.C. Auctions

Several North Carolina used vehicle auctions closed as a result of Hurricane Florence sweeping into the state, while others shifted to online sales or delayed on-site sales.

Used Vehicles Thriving in 2018

Used-vehicle values have held strong this year. A strong economy and more efficient remarketing strategies are helping make 2018 a banner year for used-vehicle values.