Press Releases

Mercedes-Benz Financial Recognizes Manheim Riverside and Manheim Dallas-Fort Worth with 2007 Remarketing Awards

Farmington Hills, Mich. — For the third year in a row, Manheim Riverside of California has won the “Auction of the Year” award from Mercedes-Benz Financial.  The award recognizes superior performance based on various performance metrics including cycle times, buyer attendance and retention. Manheim Riverside sold 4,354 Mercedes-Benz Financial units in 2007.

 

 

 

“Everyone at Manheim Riverside worked hard to win this award for the third straight year,” said Amy Bouck, Senior Manager of Remarketing Operations for Mercedes-Benz Financial. “We have a highly competitive group of auctions trying to win this award and we appreciate the effort our auction partners put forth in the pursuit of acquiring it.”  

 

 

 

Scott Hurst, General Manager of Manheim Riverside said his team has a “long and successful” working relationship with Mercedes-Benz Financial. 

 

 

 

“Winning this prestigious award for the third consecutive year is a testament to the outstanding employees of Manheim Riverside and the Mercedes-Benz Financial employees that are assigned to our auction,” said Hurst.

 

 

 

Another Manheim location, Manheim Dallas-Fort Worth, has won the “Most Improved Auction of the Year” award which goes to the auction making the greatest improvement in overall operations compared with the other full time Mercedes-Benz Financial auctions around the U.S.  Manheim Dallas-Fort Worth sold 1,668 Mercedes-Benz Financial units in 2007.

 

 

 

“Manheim Dallas-Fort Worth made the greatest strides improving in all the performance categories with which we measure our auctions, the same categories we use to determine our Auction of the Year award winner. This location passed eight other auctions in 2007 to finish third overall,” according to Hinton Sutherland, Region Manager, Remarketing, for Mercedes-Benz Financial.  

 

 

 

Frank Post, General Manager of Manheim Dallas-Fort Worth, sets a higher goal for next year. “I’m excited that our auction has won this award and it means a lot to us. I’ll really be excited when we take the Auction of the Year award from Manheim Riverside in 2008!”

 

 

 

Mercedes-Benz Financial’s Fort Worth based remarketing team will present trophies to both Manheim Riverside and Manheim Dallas-Fort Worth at the 2007 Auction Awards Dinner Event in March.

 

 

 

About Mercedes-Benz Financial

 

 

 

Mercedes-Benz Financial, now in its 26th year of operations, provides financing for Mercedes-Benz dealers’ inventories and their retail customers. Currently, over 400,000 drivers in the United States enjoy the benefits of leasing or financing their Mercedes-Benz vehicles through Mercedes-Benz Financial, which is part of DCFS USA LLC group of companies operating in the United States, Canada, Mexico, and parts of South America. DCFSA USA LLC is part of the Daimler Financial Services Group, headquartered in Berlin, Germany, operating in nearly 40 countries. Daimler Financial Services Group is one of the leading financial services enterprises worldwide. For more information visit www.mercedesbenzfinancial.com

 

About Manheim 

 

Manheim is the world’s leading provider of vehicle remarketing services.  Through its wholesale operating locations and array of technology products, Manheim impacts every stage of a used vehicle’s life cycle, helping commercial sellers and automobile dealers realize the full value of their vehicles.  

 

The company’s operating location services include reconditioning, certification, inspections, dealer financing, transport, title management and marshaling, among others.  Manheim is also the leader in vehicle remarketing technology, using its online tools to connect buyers and sellers around the globe to the world’s largest, most comprehensive wholesale marketplace.  In 2007, Manheim handled nearly 10 million used vehicles, facilitating transactions representing more than $59 billion in value.  

 

Manheim is a subsidiary of Atlanta-based Cox Enterprises, Inc., one of the nation’s leading media companies and providers of automotive services.