ATLANTA – Manheim operating locations in Manheim, Pa., Milwaukee and Riverside were recently selected as recipients of 2014 Auction of Year Awards from U.S. Bank. The three Manheim operating locations were recognized based on criteria established by U. S. Bank.
“Congratulations to these Manheim operating locations,” said Jason Herman, senior vice president and director of remarketing for U.S. Bank. “We have enjoyed a long-time partnership with Manheim and it is an honor to recognize them for their great success.”
U.S. Bank also handed out Marine/RV and Director’s Awards.
“It is a wonderful honor that these three locations were selected for their great accomplishments in 2014,” said Rich Coutu, vice president of commercial sales for Manheim. “U.S. Bank is a great partner and we are very pleased to have been recognized with three of the five auction awards that were presented.”
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 7 million used vehicles annually, facilitating transactions representing nearly $46 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 through NextGear Capital, Inc., and transportation services through Ready Auto Transport.
Headquartered in Atlanta, Manheim has more than 20,000 employees in 122 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.
About U.S. Bancorp
Minneapolis-based U.S. Bancorp (NYSE: USB), with $410 billion in assets as of March 31, 2015, is the parent company of U.S. Bank National Association, the 5th largest commercial bank in the United States. The Company operates 3,172 banking offices in 25 states and 5,016 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.
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CONTACT: John Heid
Manager, Public Relations
P: 678.645.2076
email:john.heid@coxautoinc.com