ATLANTA – October 8, 2019 – As digital buying continues to gain momentum, Manheim has invested over $30 million in its inspection and condition reporting technologies over the last five years. The investment is paying off for buyers and sellers, who now benefit from more consistent and accurate vehicle information. Developed in partnership with Alliance Inspection Management (AiM), an industry leader in vehicle inspections with proven technology, the most recent round of advancements includes a reimagined inspection process, an all-new inspection platform, condition reports that automatically follow vehicles across locations and an industry leading “Approvals from Anywhere” tool. These additions give buyers greater peace of mind when doing business digitally.
“The rise of digital buying demands more accurate and consistent condition information, as fewer and fewer consignors are physically kicking the tires of their potential purchases,” said Fredrick Standfield, senior vice president of Assurance and Reconditioning at Manheim. “Manheim is leading the industry with unmatched data intelligence and new technologies—lessening subjectivity and delivering more comprehensive and actionable insights before the purchase.”
Details on the recent vehicle information enhancements include:
“The future of vehicle information combines the best technologies with the most comprehensive data—two things Manheim is uniquely positioned to capitalize on,” added Standfield. “As we move quickly toward automating vehicle information capturing, we will employ emerging technologies leveraging AI and Intelligent Damage Detection, adding significant value for our clients.”
About Manheim (www.manheim.com)
Manheim® is North America's leading provider of end-to-end wholesale solutions that help dealer and commercial clients increase profits in their used vehicle operations. Through its physical, mobile and digital sales network, Manheim offers services for inventory management, buying and selling, floor planning, logistics, assurance and reconditioning. With its omni-channel approach, Manheim Marketplace enables wholesale vehicle clients more efficient ways to connect and transact business how and when they want. Approximately 17,000 team members help Manheim offer 7 million used vehicles annually, facilitating transactions representing nearly $61 billion in value. Headquartered in Atlanta, Manheim North America is a Cox Automotive™ brand. For more information, visit http://press.manheim.com
About AiM (www.aiminspections.com)
Long Beach, Calif.-based AiM (Alliance Inspection Management) inspects the condition of new and used vehicles from bumper to bumper. AiM's national team of 1,200 employees are automotive experts equipped with the latest technology to perform comprehensive, 150-point vehicle evaluations and deliver a condition report within 48 hours of the inspection. AiM has auto manufacturers, rental fleets, dealers, auction houses, finance companies and consumers among its clientele. Founded in 2005, AiM has performed more than 70 million vehicle inspections since its inception.