The Industry's Source for Automotive and Powersports Agents
Search Close Menu

Tag Search Result

Manheim

Manheim Adds Vehicle Recs, Offer Tools to Mobile App

The Manheim Express mobile app now includes a machine learning-fueled Recommended tab and in-app access to the auction company’s offer management tools.

Read more

Manheim Adds Inventory Suggestions to Market Report

Manheim Market Report now includes personalized vehicle inventory suggestions, a new feature designed to help dealers quickly find the right vehicle at the right price.

Wholesale Used-Vehicle Prices Increase in December, Manheim Reports

ATLANTA — Wholesale used-vehicle prices on a mix-, mileage-, and seasonally adjusted basis increased by 0.2% in December, according to Manheim. Compared to December 2015, the Manheim Used Vehicle Value Index declined 0.6% to 124.9. For 2016 as a whole, the Manheim Index came in at 125.1, up 0.3% over the year prior and the third ... Read More »

Manheim Promotes Four General Managers From Within

ATLANTA — Manheim has promoted four individuals to the rank of general manager at four auction locations across the country, the company announced this week. Trever Enge, John Duplanty, Gus Jones and Maxine Vega will lead Manheim Georgia, Manheim Tucson, Manheim Arizona and Manheim New Mexico, respectively. “Backed by their experience and passion for the ... Read More »

Manheim Vehicle Solutions Gets New Senior VP

ATLANTA — Cox Automotive has appointed Joe George as senior vice president of Manheim Vehicle Solutions. He will be responsible for strategy to execution, driving the wholesale and retail solutions long-term plan related to reconditioning, imaging purchase protection and inspections. Effective Oct. 17, George will report to Janet Barnard, president of Cox Automotive Inventory Solutions. ... Read More »

Wholesale Prices Rise Again in May, Manheim Reports

ATLANTA — Wholesale used-vehicle prices increased again in May, suggesting dealers have continued to achieve efficiency gains that allow them to bid-up auction prices even as gross margins narrow. The May increase, which followed an April increase, resulted in a year-over-year gain, according to Manheim’s Used Vehicle Value Index. Total used retail unit volumes rose 6% in the ... Read More »

Used-Vehicle Pricing Continues to Ease

ATLANTA – Wholesale used-vehicle prices declined in March for the third consecutive month, illustrating the long-anticipated dip in pricing. This brought the Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — to a reading of 122.5 in March, a decrease of 1.6% from a year ago. ... Read More »

COX Automotive Execs Named Leading Women

ATLANTA, Ga. — Three top executives at Cox Automotive were named to Automotive News’ 100 Leading Women in the North American Auto Industry during the publication’s annual awards ceremony. Jane Barnard, president of Manheim North America, Lori Wittman, vice president and general manager of VinSolutions and Sharon Kitzman, vice president and general manager of Dealer ... Read More »

Q3 Used-Car Market Remains Strong, Manheim Reports

ATLANTA — With wholesale used-vehicle prices increasing in September for the fourth consecutive month, wholesale pricing remains one of strength and stability. This brought the Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — to a reading of 124.8 in September, representing an increase of 2.8% ... Read More »

Manheim Vehicle Imaging Generates Gains For Toyota Financial Services

ATLANTA — Toyota Financial Services (TFS) saw a 17% rise in conversion rates during a 16-week trial of Manheim’s Enhanced Vehicle Imaging. The results of the trial were documented in a recent case study released by both organizations. TFS formed a partnership with Manheim to implement the EVI technology. The company was looking for a ... Read More »