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Manheim OVE

The Manheim Marketplace achieved record growth across its digital channels in the first half of 2018, including double-digit growth in digital transactions, volume and sales as wholesale vehicle buyers and sellers continue to adopt a faster, more cost-effective way to move inventory.

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Manheim's OVE Adds Intelligent Search Engine

The intelligent search uses machine learning in order to learn client behaviors and preferences over time. As the system learns more about a specific user, results that it provides will appear in an order that is more relevant to that user.

Manheim's Digital Sales Reach 40% in 2017

In 2017, 40% of vehicles sold at Manheim were purchased through a digital screen versus in-lane, reported Manheim in a recent announcement. This meant that through 2017, 2 million vehicles at Manheim auctions were purchased through a digital transaction.

Manheim Launches Digital Dealer Sales Channel

Manheim has launched a new digital dealer sales channel on its OVE platform that will allow dealers to host digital event sales using inventory on their lots without having to move the vehicles to an auction location, the Cox Automotive company announced.

RMS, Manheim Expand Upstream Listings

A new co-listing capability being offered by RMS Automotive and Manheim is allowing open sale vehicles listed on manufacturers’ digital sales platforms powered by RMS Automotive to be simultaneously offered on and OVE, according to a company announcement.

Manheim Digital Sales Increase 22%

Manheim’s digital channels showed a 22% increase in vehicles sold in Q2 2016 when compared to 2015. This includes increases in avenues such as OVE, Simulcast, and Manheim’s mobile sites and apps.

Manheim Updates Online Platforms

The enhancements, which took effect last month, are designed to help buyers find relevant inventory quicker and make the sale process easier and faster.

Manheim Offers 30 for $30

To help dealers take advantage of the influx of used vehicles expected in the first quarter, Manheim is offering 30-day interest-free loans for $30 effective Feb. 1, 2014.

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