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TAG SEARCH RESULT: Manheim

1  -  20  of  51

January 29, 2018

Manheim's Digital Sales Reach 40% in 2017

In 2017, 40% of vehicles sold at Manheim were purchased through a digital screen versus in-lane, reported Manheim in a recent announcement. This meant that through 2017, 2 million vehicles at Manheim auctions were purchased through a digital transaction.

January 1, 2018

2017 Fleet Depreciation Aided By Hurricanes

Typical seasonal highs and lows were disrupted this year due to a run of natural disasters destroying hundreds of thousands of vehicles and causing a surge in replacement activity. Overall fleet depreciation improved this year.

November 8, 2017

Manheim's Used Vehicle Values Rise 6 Straight Months

Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.

October 16, 2017

Manheim Puerto Rico Hosts First Post-Hurricane Sale

Manheim Puerto Rico hosted its first post-hurricane sale on Oct. 12 — 200 vehicles were offered for sale, the auction announced. Of those, 70 sold and an additional 30 vehicles are pending sale.

October 6, 2017

Used Vehicle Prices Expected to Rise Until End of Year

Wholesale used vehicle prices rose 2.77% in September on a month-over-month basis, which drove Manheim’s Used Vehicle Value Index up 6.3% from a year ago to 134.9, marking five months of consecutive growth.

September 12, 2017

Manheim, ADESA Resume Florida Operations

Manheim and ADESA reopened their Florida auction facilities on Tuesday, as Hurricane Irma moved north toward Tennessee.

September 6, 2017

Manheim to Close Florida Auctions Ahead of Irma

Manheim has closed its Puerto Rico facility and will close four of its Florida auctions on Friday ahead of Hurricane Irma's expected landfall in Florida over the weekend, according to the company.

September 1, 2017

Houston-Area Auto Auctions Get Back to Business

Houston's auto auctions have begun assessing the impact of Hurricane Harvey so they can resume full business activity to supply replacement vehicles for those who lost cars, trucks, and SUVs in the flood.

August 22, 2017

Consumer Confidence High in Healthy Auto Market

Households have set a new nominal record for debt, according to Manheim Chief Economist Jonathan Smoke’s Industry Insights. This, the report added, is a sign that consumer confidence is high and that credit is readily available

August 17, 2017

Manheim Improves Vehicle Valuation Tool

Manheim has updated its vehicle valuation tool, the Manheim Market Report (MMR), to provide more detailed valuations of used vehicles to increase transparency and improve the remarketing process, the company announced.

August 8, 2017

Manheim's Cadigan Retires After 40-Year Career

Jay Cadigan will retire from Manheim, capping a 40-year career in the remarketing industry that included stints at auctions, as well as leasing companies and rental car operators.

August 4, 2017

Retail Used Car Sales Climb 4.3% in 2017

Retail used car sales are up 4.3% year-to-date, according to Manheim Chief Economist Jonathan Smoke’s Industry Insights.

August 2, 2017

Manheim Expands Brazilian Auction Presence

Manheim has acquired Pacto São Paulo and is developing commercial partnerships with six other auction companies to invest in in Brazil.

July 10, 2017

Used Vehicle Values Keep Climbing Higher, Manheim Says

The Manheim Used Vehicle Value Index hit a record high for the second consecutive month, as wholesale used-vehicle prices rose 1.1% month over month in June. The increase brought the Index to 129.3, a 2.5% increase from a year ago.

June 7, 2017

Used Vehicle Prices Reach Record High, Manheim Says

Wholesale values for used vehicles reach a record-high of 127.9, while new vehicle sales dropped 2% compared to last year.

April 10, 2017

Manheim: Used-Car Reports Signal Stability

While wholesale used-vehicle prices declined by 0.5% in March, the Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — came to a reading of 124.1. This is an increase of 1.3% from a year ago.

November 8, 2016

Wholesale Used-Vehicle Prices Decline in October, Manheim Says

Wholesale used-vehicle prices declined in October 0.7% and non-seasonally adjusted prices declined 2%, showing a downward trend for all vehicle segments in recent months.

August 5, 2016

Used Vehicle Values Continue to Rise, Manheim Says

Wholesale used vehicle prices increased in July despite expectations that wholesale prices would suffer in 2016 due to growing wholesale supplies.

January 5, 2016

Manheim Canada Partners with XLane

Cox Automotive Canada with its Manheim Canada operations has partnered with XLane to provide a digital solution for dealers with InstantAuction.

March 13, 2015

Manheim Reiterates Support for Multiplatform Bidding System

Manheim and several other remarketing industry partners will continue moving forward to develop a multiplatform bidding system in the wake of announcements by ADESA and ServNet Auctions dropping out of the planning process.

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