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As part of the Manheim and Remarketing by Element “Race to Give” national marketing campaign held July 1 – September 30, over 30 Manheim auctions across the U.S. hosted creative fundraisers...
ATLANTA, Nov. 17, 2017 – Cox Automotive presented its 2017 Community Impact Award to Heather Pullen, national remarketing manager, Porsche Cars North America, at the 2017 National Remarketing...
CARMEL, IN AND GILBERT, AZ – Since launching a first-of-its-kind automated transportation financing solution earlier this year, NextGear Capital has processed more than 14,500 transactions from...
ATLANTA – Manheim, the world’s largest vehicle remarketing services company, will deliver the industry’s first omni-channel experience through its new Marketplace. Backed by a multiyear...
LONG BEACH, Calif. (Nov. 13, 2017) — Steve Lambert, an automotive remarketing and information technology leader, has been named president and CEO at Alliance Inspection Management (AiM), the...
Manheim won 10 out of 14 2017 Auction Achievement Awards presented by Enterprise Holdings, owner of the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands. The annual program...
To offer dealers more ways to meet their buying and selling needs on their terms, Manheim launched a new OVE “Dealer Direct Event” sales channel. With this offering, dealers can host digital...
ATLANTA – To support its efforts to drive future region growth, Manheim announced the selections of Noel Kitsch as general manager of Manheim Georgia and Joey Satfield as general manager of...
With roughly 80 percent of homes in Puerto Rico still without power, Manheim Caribbean employees stepped up to cook and deliver meals and water to the devastated Puerto Rican community of Ingenio,...
Because it helps the Southeastern operation manage greater capacity, meet growing marketplace and customer demands for retail ready-vehicles and make more money. Since 2016, US Auto Sales has...
When it comes to core business values, it’s challenging to connect lofty corporate goals with day-to-day operations, but not so for Cox Automotive. The privately held company has long espoused...
With sustainability and community service acting as driving forces behind how it operates its businesses, Cox Automotive presented the third annual Leader in Sustainability Award to Motorcars Honda at the 2017 Automotive News Best Dealerships to Work For celebration this week.
EXTON, Penn., October 10, 2017 – Rapid Retail, a newly launched addition to HomeNet's Inventory Online (IOL) platform, was named one of 2017’s most innovative automotive retail products by...
MUNICH, Oct. 9, 2017 – RMS Automotive enhanced the dealer web portal for long-time partner and client PSA Groupe. This highly-successful dealer portal, called “MOVE,” was created in 2012 and...
ATLANTA, Oct. 9, 2017 – Cox Automotive names Patrick Brennan as senior vice president of Inventory Solutions, Marketplace following the recent promotion of Grace Huang to president of the...
The third quarter is one for the record books thanks to an especially active hurricane season, with wholesale used vehicle prices having increased 2.77 percent in September. The Manheim Used...
ATLANTA, Oct. 2, 2017 – RMS Automotive and Manheim are making it easier for independent U.S. dealers to source manufacturers’ vehicles before they cross the auction block. A new co-listing...
ATLANTA, Sept. 28, 2017 – RMS Automotive has partnered with Carfax to enhance the digital buying experience using key vehicle history details. Dealers with a Carfax Advantage account now can use...
ATLANTA, Sept. 26, 2017 – Cox Automotive names Janet Barnard as chief people officer following the retirement of longtime human resources leader Rock Anderson. In response to Barnard’s shift...
As the school year gets underway, Manheim California is gearing up for the third year of its “Flip this Car” project, which enables Valley High School students in Santa Ana, California to...
Today, 13 Manheim auction locations were recognized as Auto Remarketing's Best Auto Auctions to Work For 2017. These awards are particularly significant because they are determined by Manheim team...
WILMINGTON, NC – As part of its strategy to expand into underserved markets in the U.S., Manheim is celebrating the grand opening of Manheim Wilmington on September 15. The event supports Manheim’
On Tuesday, August 29, before Hurricane Harvey drenched Houston and the surrounding area, Manheim Seattle raised more than $32,000 in a fundraiser benefitting the American Red Cross. “The timing...
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.75% month-over-month in August. This brought the Manheim Used Vehicle Value Index to 131.3, which was...
As the full impact of Hurricane Harvey comes into focus, the Cox Automotive team has estimated that between 300,000 and 500,000 vehicles in the Houston market alone were severely damaged or destroyed.
Atlanta, August 17, 2018 - This week Manheim and DealShield introduced its new Automatic Purchase Protection Suite, which allows buyers to arrange for an automatic Post Sale Inspection or Limited...
ATLANTA, August 16, 2017 – To increase transparency in the marketplace and deliver more accurate wholesale vehicle valuations, Manheim introduced a sweeping set of enhancements to its Manheim...
August 14, 2017 - When Manheim Pennsylvania opened its doors in 1945, the owners probably didn’t envision the significant impact the auto auction business would have on the national economy and...
ATLANTA – Manheim today announced that Jay Cadigan, vice president of industry relations, will retire on August 31. His retirement marks the end of a renowned automotive industry career spanning...
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.75% month-over-month in July. This brought the Manheim Used Vehicle Value Index to 130.3, which was a...
ATLANTA, July 31, 2017 – To strengthen and grow its digital offerings, Manheim announced today that Nick Peluso will lead the remarketing leader’s digital strategy as president of Manheim...
GILBERT, AZ – JULY 27, 2017 – Ready Logistics brings a new level of automation and transparency to the manual process-oriented vehicle transportation sector with the launch of the HUB.
Manheim Baltimore-Washington helped clients knock sales out of the park at the third annual ‘Summer Slam’ sale Tuesday, July 18, 2017. This year's event featured more inventory, more buyers...
July 27, 2017-Tropical breezes blew throughout southeastern Manheim locations July 10-14, 2017, when Manheim’s annual Cargaritaville sales event delivered inventory treasure. This fourth annual...
ATLANTA, July 18, 2017 – To further enhance transaction speed, RMS Automotive and vAuto are making the evaluation and acquisition of manufacturers’ premium off-lease and off-program vehicles...
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.1% month-over-month in June. This brought the Manheim Used Vehicle Value reading to 129.3, which was...
ATLANTA, July 13, 2017 —To drive dealer profitability in new and underserved markets, Manheim is expanding its physical reach and mobile sales opportunities. Today, Manheim announced the opening...
Manheim team members nationwide rallied to support the 23rd anniversary Kyle Petty Charity Ride Across America May 13-19, 2017. For the fifth consecutive year, the brand was a presenting sponsor,...
The Manheim Used Vehicle Value Index hit a record high for the second consecutive month as wholesale used vehicle prices (on a mix-, mileage- and seasonally adjusted basis) rose 1.1 percent...
Manheim UK has held what it believes to be the first vehicle auction at sea – a unique offsite sale for Citroën on No Man’s Fort, a 150-year-old facility off the coast of the Isle of Wight...
LAS VEGAS, June 15, 2017 – Recognizing community service as a core business value, Cox Automotive joined the National Independent Automobile Dealers Association (NIADA) to present the seventh...
CARMEL, IN AND GILBERT, AZ – To help independent dealers free up cash flow and simplify their business operations, NextGear Capital is partnering with Ready Logistics to deliver a...
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 2.6% month-over-month in May. This brought the Manheim Used Vehicle Value Index reading to 127.9, which...
ATLANTA, June 6, 2017 – Demonstrating the tremendous power of long-term collaboration, RMS Automotive and Mazda Motors UK this year are celebrating a decade-long partnership highlighted by...
Manheim Orlando, a 268-acre wholesale vehicle remarketing company located at 11801 W. Colonial Drive, will save 951 tons of carbon per year as a result of installing indoor and outdoor LED...
ATLANTA and MOUNT LAUREL, N.J. – May 25, 2017 – Cox Automotive, the same company that brings consumers Autotrader and Kelley Blue Book, today announced a new joint venture with Holman...
Supporting leadership development and diversity in business, 14 Manheim locations in the Southeast Region hosted Girl Talk Week during the week of May 15-19 to raise funds to host Girl Talk’s...
It seemed only fitting that Manheim Pennsylvania Auto Auction, the birthplace of the modern day auto auction, would host this prestigious championship where seasoned auctioneers and ring people...
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) improved 0.5% month-over-month in April. This brought the Manheim Used Vehicle Value reading to 124.7, which...
At 2.3 percent, Colorado is among the top five states with the lowest U.S. unemployment rates in April (Source: Bureau of Labor Statistics). For Manheim Denver, a full-service remarketing company...
ATLANTA – Manheim continues its commitment to excellence in the vehicle remarketing industry with the promotion of three experienced leaders to General Manager roles: Dave Rathjens at Manheim...
ATLANTA – As part of its focus on strengthening partnerships and driving business growth and velocity for its clients, Manheim has named Peter Grupposo as vice president of Dealer Sales and...
ATLANTA, May 4, 2017 – Enthusiastic chants will fill the vast Manheim Pennsylvania Auto Auction arena on May 12 as 100+ auctioneers battle it out in the 2017 World Automobile Auctioneers...
They say everything is bigger in Texas – and Manheim Dallas-Fort Worth is no exception. Since 2008, the team has hosted a monthly Specialty Sale, attracting hundreds of buyers to purchase more...
ATLANTA, May 1, 2017 – As off-lease volumes continue to rise, RMS Automotive and Manheim are making it easier for dealers to source manufacturers’ premium off-lease and off-program vehicles...
(April 27, 2017) - It is clear Americans have not lost their need for speed. In April alone, the Fate of the Furious, the tenth film in the Fast and the Furious franchise, reached number one at...
ATLANTA – Like the over-the-top hats and seersucker suits at this year’s “Run for the Roses,” innovation will rule the day at Manheim Louisville’s 37th annual Kentucky Derby Event Sale...
ATLANTA – In celebration of Earth Month, Manheim and its team members announce three key sustainability goals for 2017: offsetting carbon emissions by 3,000 tons at its facilities, saving 2.5...
An old adage in real estate is that your first offer on a home is usually your best offer. This isn’t true in every situation, of course, but there are many reasons why realtors believe this....
ATLANTA, April 18, 2017- To increase buyer confidence on higher risk, higher-mileage units, Manheim has added the Deal Shield Limited Powertrain Inspection to its Purchase Protection offerings at...
For the past 12 years, hundreds of Manheim team members have served thousands of families with the Ronald McDonald House Charities. Within the past six months alone, various teams from the East to...
Emergency response and fleet vehicles are essential to Red Cross disaster relief operations. As disaster strikes, whether a hurricane, tornado or a home fire, Red Cross responders climb into...
Stability continues heading into the second quarter. While wholesale used vehicle prices declined by 0.5 percent in March, the Manheim Used Vehicle Value Index – a measure of wholesale prices...
Off-lease volumes are continuing to rise making it critical for dealers to shift into high gear and move inventory faster. To drive increased velocity, Manheim is advising clients to take...
ATLANTA – On track to complete its five-year, $17 million investment in its four Southern California auction locations in 2018, Manheim dealers and commercial consignors are already benefitting...
ATLANTA, March 30, 2017 – Cox Automotive today announced that Chief Economist Tom Webb will retire on June 30. His departure marks the end of an illustrious automotive industry career that...
CARMEL, Indiana – To support future growth in the inventory-financing sector, NextGear Capital today announces Lisa Mackie will fill its newly created vice president of sales position, effective...
ATLANTA, March 23, 2017 – How many data scientists does it take to disrupt the way commercial consignors make remarketing decisions? At RMS Automotive, it is a unique team of nearly 40 data...
ATLANTA, March 20, 2017--Manheim Chicago recently won the “Above and Beyond” Award for the Midwest Region from Element Fleet Management, a global provider of end-to-end suite of fleet...
ATLANTA – Manheim locations across the country were honored recently by commercial consignors for outstanding performance and quality service at the 2017 Conference of Automotive Remarketing...
ATLANTA – Manheim Pennsylvania is hosting its largest and most extensive Xtreme Spring sales event for specialty consignment March 16-17. The sale will feature seven vehicle types across eight...
As part of its strategy to expand into underserved areas in the U.S., Manheim is hosting a March 15 grand opening of Manheim Little Rock, its first location in Arkansas. The decision to open a...
When it comes to serving the community, the Manheim Orlando team knows how to ‘go big or go home.’ On February 6, 2017, the company was named Big Business of the Year by the Orlando Chamber of...
The team at Manheim Southern California has reason to celebrate: Subaru of America recently named the location as its 2016 Auction of the Year. The award, which was presented to the Manheim...
To support its efforts to drive future region growth, Manheim today announces general manager appointments in three locations, El Paso, Birmingham and Omaha.
On Feb 23, there will be something for every dealer to “pick up” at Manheim Detroit, where one of the largest-ever truck sales will be held. The Canadian Super Sellers, one of Canada’s...
GILBERT, AZ – Dealers and commercial clients seeking transportation efficiencies and cost savings are turning to Cox Automotive’s Ready Logistics in record numbers. The full-service logistics...
Manheim’s online wholesale marketplace, OVE reached a record 378,000 vehicles sold in 2016, bringing the total number of vehicle sold on the channel to 2.5 million since it was launched in 2006,...
Wholesale vehicle values experience seasonality – prices rise during the spring and fall during the rest of the year. Due to this seasonality, dealers may hold vehicles in anticipation of...
Manheim today announces General Manager changes at five locations: Jason Blake at Manheim St. Louis, Victor Ferlaino at Manheim Kansas City, Scott Maybee at Manheim Northstar, Ray Priest at Manheim Denver and Tom Saldutte at Manheim Milwaukee.
Manheim Ft. Myers is riding high after hosting its first-ever mobile motorcycle auction in partnership with Bert’s Barracuda Harley-Davidson store in St. Petersburg, Florida on November 29,...
Manheim Mobile Auctions to cover 20 percent more road in 2017 New Local Manheim Sites opening in underserved U.S. market ATLANTA—Manheim today announced plans to strategically grow its local and...
2016 brought good news for almost every segment of the auto industry. Highlights included accelerating used vehicle sales, a record high 17.5 million new vehicle sales, and a growing number of...
ATLANTA, January 19, 2017 -- The days of waiting in line at the auction to check out, get titles and floor plan purchases are no longer required at Manheim thanks to the organization’s efforts...
North Las Vegas Mayor John Jay Lee proclaimed Jan. 6, 2017, Manheim Nevada Day in recognition of the company’s contributions to the community. The designation was made due to the location’s...
ATLANTA – To further strengthen RMS Automotive’s delivery of innovative portfolio management solutions to clients, the company today announced the appointment of Sebastian Fuchs as senior...
Wholesale used vehicle prices increased by 0.2 percent in December, bringing the Manheim Used Vehicle Value Index – a measure of wholesale prices adjusted for mix, mileage and season – to a...
ATLANTA, January 3, 2017—Dealers at Manheim Cincinnati will experience expedited sales and an enhanced auction experience. The location has converted lanes 3-6 into four double blocked lanes and...
ATLANTA, January 3, 2017—Dealers at Manheim Cincinnati will experience expedited sales and an enhanced auction experience. The location has converted lanes 3-6 into four double blocked lanes and...
Tom Webb, chief economist for Cox Automotive, recently commented on the U.S. Federal Reserve’s increase of its benchmark interest rate by a quarter of a percentage point on December 14, saying:...
With an eye towards driving efficiencies within its vehicle remarketing operation, Maserati North America has partnered with Manheim to help centralize its processes for wholesaling vehicles,...
ATLANTA, December 14, 2016—To help dealers efficiently manage inventory before year-end and prepare for tax season buying and selling surges, OVE and DealShield are offering an online-only...
Manheim sites across the country were honored by Element Fleet Management for best-in-class performance at the recent 18th annual Remarketing by Element Awards. Manheim led the field of winners...
ATLANTA – Following its strategy to promote talent from within, Manheim today announced four new general manager appointments at locations across the country. Assuming leadership roles are...
The split between dealers who attend in-lane versus online auctions is on the rise. While two-thirds of auction buyers still attend live sales, sellers are seeing a difference in lane attendance...
In expectation of the influx of off-lease vehicles, Manheim is working with commercial clients to find the most efficient ways to move inventory. Manheim Central Florida has developed the Digital...
Manheim locations across the country were honored recently by clients for outstanding performance. In total, 10 Manheim locations and their teams were recognized with 13 different awards for top...
Manheim locations from coast-to-coast are driving sales and excitement with the return of the month-long Dashing Through the Lanes holiday campaign. Aimed at increasing transactions both in-lane...
When it comes to exemplary leadership there’s no shortage at Manheim. Dianne Earley, vice president of sales operations for Manheim, was recently included in Savoy Magazine’s 2016 Most...
ATLANTA, Nov. 16, 2016—Manheim clients are experiencing record-setting sales rates—averaging 70 percent—with Mobile auctions as a result of its tailored sales experience and concentrated...