LAS VEGAS – Recognizing the importance of independent auctions to its future business growth, Manheim honored 10 independent auctions during the OVE.com Awards Ceremony held here on Tuesday, March 4 at the Conference of Automotive Remarketing (CAR) in Las Vegas, Nev. This is the fifth year that Manheim has recognized top-performing independent auction partners.
“It’s truly an honor to be able to recognize the accomplishments of these independent auctions,” says Peter Lavallee, vice president of industry solutions for Manheim. “We are a sales organization dedicated to supporting non-Manheim locations by leveraging OVE.com to sell products and services. We are here tonight to honor these auctions. We have many here that have won awards 2-3 times.”
The Industry Solutions Group (ISG) is dedicated to servicing independent auctions and helping take advantage of Cox’s automotive offerings to grow their business, including OVE.com and Ready Auto Transport.
The awards were presented as follows, based on performance in 2013:
· Highest Overall Volume: Norwalk Auto Auction. Norwalk has won the award three consecutive years. It is the auction with the most sales, regardless of segment or mix in 2013.
· Highest Commercial Mix Volume: Greensboro Auto Auction. It is the auction with the most sales based on the greatest number of commercial accounts.
· Highest Dealer Volume: Akron Auto Auction. Akron has won the award three consecutive years. It is the auction that sold the most dealer inventory.
· Highest Overall Volume Growth: LynnWay Auto Auction. It is the auction that has shown the greatest year-over-year percentage in growth from 2012 to 2013.
· Most innovative: Bel-Air Auto Auction. It was the auction that leveraged the OVE.com platform beyond conventional methods to grow its business online with an out-of-the-box strategy.
· Online Buyer Confidence Award: Brasher’s AAs. It is the auction that had the lowest un-buy percentage. Brasher’s AA has won the award for three consecutive years.
· Highest Commercial and Deal Mix Volume: Columbus Fair Auto Auction. It had the most net transactions in 2013 based on segment and mix.
· Highest Commercial Volume Growth: Lubbock Auto Auction. This auction showed the greatest year-over-year commercial sales percentage growth from 2012 to 2013.
· Highest Dealer Sales Volume Growth: America’s Austin in San Antonio. America’s Austin showed the greatest year-over-year dealer sales percentage growth from 2012 to 2013.
· Customer Experience: Southern Auto Auction, a three-time winner. Southern Auto Auction had the least amount of arbitrations based on volume.
OVE.Com Picture Caption: Left to right: Jeff Roberts, manager of Manheim’s Industry Solutions Group (ISG); Peter Lavallee, vice president of ISG; Garrison Hudkins, Southern Auto Auction vice president, and Glen O’Leary, director of ISG.
About Manheim (www.manheim.com)
Manheim is the leading global provider of vehicle remarketing services, connecting buyers and sellers of used vehicles to the largest wholesale used-vehicle marketplace. The company helps dealer and commercial customers achieve results by providing physical and digital auction channels, data analysis, financing, transportation and mobile products and solutions.
Manheim pioneered in-lane vehicle auctions and has been an innovator in both digital and mobile auction platforms. Manheim registers nearly 8 million used vehicles annually, facilitating transactions representing more than $50 billion in value. Manheim’s research and consulting arm, Manheim Consulting, provides industry-leading market intelligence and publishes the widely recognized annual Used Car Market Report. The company offers dealer financing though NextGear Capital, Inc., and transportation services through Ready Auto Transport.
Headquartered in Atlanta, Manheim has more than 20,000 employees in 107 worldwide sites and generates annual revenues of more than $2.5 billion. A subsidiary of Cox Enterprises, Manheim participates in “Go Green with Manheim,” the company’s sustainability program.