ATLANTA – August 31, 2023 – To support its goal of delivering solutions that drive client success, Manheim partnered with Fusion Auto Finance to host its Private Store. A leading provider of turn-key leasing programs for credit unions, Fusion Auto Finance is now able to consolidate its multiple disparate platforms into a single, seamless experience within the Manheim Marketplace. This move offers their strong dealership network access to fresh, off-lease inventory all in one place.
"We are excited to join forces with Manheim, leveraging their industry-leading technology and expertise to take our remarketing to new heights," said Steve Swanson, Vice President of Remarketing at Fusion Auto Finance. “The support from the Manheim team has been phenomenal, and the efficiencies gained from using this streamlined platform has set us up to grow and scale our business.”
By leveraging the strength of Manheim for its private store, Fusion Auto Finance benefits from Manheim’s deep remarketing expertise, the industry’s best retention values and most comprehensive technical offerings that help them simplify and optimize their operations. Dealers in the Fusion Auto Finance network now have unparalleled access to an extensive network of wholesale vehicles, empowering them to find the right inventory faster and meet the needs of their customers.
Best of all, Fusion Auto Finance now has the flexibility to easily move cars from its private digital sale into Manheim's open digital marketplace to reach an even larger audience for its unsold inventory--as well as bridge into Manheim's vast physical footprint with expansive vehicle services. This flexibility doesn't come at the expense of simplicity, as Manheim has been relentlessly focused on providing a more connected client experience across its digital and physical platforms.
"The collaboration between Fusion Auto Finance and Manheim is a testament to both companies' commitment to innovation and customer-centric solutions," added Zach Hallowell, senior vice president, Manheim Digital. "We are thrilled to work alongside the Fusion Auto Finance team to enhance their remarketing operations and contribute to a better and more efficient experience for their dealership network."
In the last five years, Manheim has invested well over $50 million in its commercial digital platforms to enhance the upstream remarketing experience and bring new solutions to the marketplace such as Next Inspect. To learn more about digital wholesale solutions for commercial clients, reach out to your Manheim representative.
About Manheim
Manheim® is the nation’s leading provider of end-to-end wholesale vehicle solutions that help dealer and commercial clients increase profits and efficiencies in their used vehicle operations. Through its physical, mobile and digital sales network, Manheim offers services for decisioning, buying and selling, floor planning, logistics, assurance and reconditioning. Operating the largest vehicle wholesale marketplace, Manheim provides clients with choices to connect and transact business how and when they want. With nearly 8 million used vehicles offered annually, Manheim team members help the company facilitate transactions representing nearly $80 billion in value. Headquartered in Atlanta, Manheim North America is a Cox Automotive™ brand. For more information, visit press.manheim.com.
About Cox Automotive
Cox Automotive is the world’s largest automotive services and technology provider. Fueled by the largest breadth of first-party data fed by 2.3 billion online interactions a year, Cox Automotive tailors leading solutions for car shoppers, automakers, dealers, retailers, lenders and fleet owners. The company has 25,000+ employees on five continents and a family of trusted brands that includes Autotrader®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital™ and vAuto®. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with $21 billion in revenue. Visit coxautoinc.com or connect via @CoxAutomotive on Twitter, CoxAutoInc on Facebook or Cox-Automotive-Inc on LinkedIn.
Media Contact:
Julie Zorn Shipp, Sr. Manager, Public Relations
404-558-7837 or Julie.Shipp@coxautoinc.com