LAS VEGAS – Recognizing the importance of independent auctions to its future business growth, Manheim honored 19 independent auctions during the OVE.com Awards Ceremony held here on Tuesday, March 17 during the Conference of Automotive Remarketing (CAR) in Las Vegas, Nev. This is the sixth year that Manheim has recognized top-performing independent auction partners.
“Manheim wants to thank all these independent auctions for setting a great example for the industry,” said Jenifer Eggert, vice president of digital services for Manheim. “Congratulations to all of the winners.”
The digital sales team is dedicated to servicing independent auctions and helping them take advantage of Cox’s automotive offerings to grow their business, including OVE.com and Ready Auto Transport.
“It’s a pleasure to recognize the accomplishments of these independent auctions,” says Peter Lavallee, senior director of sales, independent auctions at Manheim. “We are a sales organization dedicated to supporting non-Manheim locations by leveraging OVE.com to sell products and services.”
The awards were presented as follows, based on performance in 2014:
· Highest Overall Volume: Southern Auto Auction (East Windsor, Conn.). It is the auction with the most sales, regardless of segment or mix in 2014. Norwalk Auto Auction, which won the award the previous three years, received honorable mention.
· Highest Commercial Mix Volume: Southern Auto Auction. It is the auction with the most sales based on the greatest number of commercial accounts. Greensboro Auto Auction in North Carolina received honorable mention.
· Highest Dealer Volume: Columbus Fair Auto Auction in Ohio. It is the auction that sold the most dealer inventory. Akron Auto Auction in Ohio, which won the award the previous three years, received honorable mention.
· Highest Overall Volume Growth: Bel Air Auto Auction in Maryland. It is the auction that has shown the greatest year-over-year percentage in growth from 2013 to 2014. Charleston Auto Auction in South Carolina received honorable mention.
· Most Innovative: Tallahassee Auto Auction in Florida. 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. Receiving honorable mention was 166 Auto Auction of Springfield, Mo.
· Online Buyer Confidence Award: 166 Auto Auction. It is the auction that had the lowest un-buy percentage. Jacksonville Auto Auction of Florida received honorable mention.
· Highest Commercial and Deal Mix Volume: Columbus Fair Auto Auction. It had the most net transactions in 2014 based on segment and mix. It was the second consecutive year Columbus Fair won the award. Bell-Air received honorable mention.
· Highest Commercial Volume Growth: Southern Auto Auction. This auction showed the greatest year-over-year commercial sales percentage growth from 2013 to 2014. Bell-Air received honorable mention.
· Highest Dealer Sales Volume Growth: Columbus Fair. It showed the greatest year-over-year dealer sales percentage growth from 2013 to 2014. ABC Lancaster of East Petersburg, Pa., received honorable mention.
· Customer Experience: Akron Auto Auction had the least amount of arbitrations based on volume.
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.
###
CONTACT: John Heid
Manager, Public Relations
P: 678.645.2076
email:john.heid@coxautoinc.com
