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His first priority is generating a greater level of consistency in the information Manheim collects and how it displays that information.
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Cox Automotive has acquired Fyusion, a computer vision company that provides immersive vehicle imaging solutions for the automotive wholesale market and other industries.
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Manheim announced it now enables dealers to run concierge-inspected vehicles located on the dealer lot in a live, auctioneer-led Simulcast sale via the Manheim Express Concierge service.
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In recognition of Manheim’s 75th anniversary, the company is recognizing the careers of several distinguished company leaders who are retiring or retired in 2020.
Read More →The restart of physical auction sales will look different for each location and comes with limitations intended to protect the health and safety of team members and clients.
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The used truck market is currently thriving with low-mileage used vehicles in high demand and short supply.
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Manheim Logistics and DHL Supply Chain have formed an exclusive collaboration to develop a more holistic transportation management system that aims to give clients and carriers the most efficient and transparent transportation experience.
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Manheim expanded its Digital Block sales, adding seven more locations with in-lane bidding with a live auctioneer; however, vehicles are only displayed on screens and never travel down physical lanes.
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Manheim has released three new enhancements to its digital marketplace by adding significantly more images on vehicles checked in at a physical location; the opportunity to more easily transact at below-floor prices; and an additional sale format.
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Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 3.4% comparing the first 15 days of August to the full month of July, continuing record setting-performance for wholesale prices.
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