Press Releases

Manheim Montreal Hosts Inaugural Sale at New Facility
More Than 800 Customers and 2,000 Vehicles Mark Occasion

ATLANTA – Manheim Montreal celebrated the opening of its new facility with an inaugural sale on Tuesday, Oct. 21, attracting more than 800 dealers and featuring more than 2,000 units to mark the occasion.

“Manheim has served customers in Canada for more than 25 years. This state-of-the-art facility represents our long-term commitment to the Montreal market, our customers and the community,” said Manheim Senior Vice President of International Operations Mike Langhorne. “We are very pleased with the strong support we received from the local and out-of-province markets and look forward to continuing to deliver the types of products and services our customer expect and need.”

The sale featured units from consignors such as GMAC, Chrysler Financial, CrédiLinx/FinanciaLinx, Toyota, Honda, Nissan, BMW and many rental car companies, including Enterprise Rent-A-Car and Discount. Online activity was brisk, with more than 25 percent of dealers contributing more than 1,000 bids via Manheim Simulcast.

“Our customers have been telling us that they needed Manheim to establish an auction facility in Montreal,” said Manheim Canada Vice President of Operations Patrick Brennan. “Our presence in Montreal today, the attendance at the sale and overall results were made possible by the support of our customers.”

Manheim Montreal opened in November 2007, and began running three-lane sales in January 2008. The 70,000-square-foot, state-of-the-art facility now features eight lanes with Simulcast capability, MAFS, reconditioning, online services, title processing and inspections. Manheim has five operating locations in Canada.

About Manheim

Manheim (www.manheim.com) 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. -moreManheim Montreal/Page 2 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’s subsidiary companies provide value-added remarketing products and services, including paintless dent removal (Dent Wizard), Auto Body Repair and salvage vehicle remarketing (Total Resources Auctions).

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