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Manheim Creating Two New Divisions at Beginning of Year
2015-12-10 07:08:21| AutomotiveDigest.com - Automotive Industry News
Manheim will be implementing a simplified new market structure at the beginning of the new year. The company will segment its physical operating locations into two divisions: Local & Mobile and National. The new market structure will provide partnerships focused on specific client needs, sending a strong message to dealers, especially local dealer clients, about Manheims commitment to their businesses. To lead the Local & Mobile auction division that will serve local franchise and independent dealers, Manheim has selected Alan Lang as division vice president. Lang joins Manheim from NextGear Capital where he serves as senior vice president of Operations. Mike McKinney, currently regional vice president for Manheims East Operations, has been selected to lead the National division as division vice president. The Article Manheim Creating Two New Divisions at Beginning of Year appeared first on Automotive Digest.
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Manheim Index Sees Used Prices Up for the Year
2015-12-10 02:22:25| AutomotiveDigest.com - Automotive Industry News
Tom Webb Chief Economist Cox Automotive The Manheim Index came in at 125.1 in November, an increase of 1.5% from the previous year. The full-year 2015 Index is on track to post an increase for both an annual average and a year-over-year basis. The robustness of the retail market in new vehicle sales and used […] The Article Manheim Index Sees Used Prices Up for the Year appeared first on Automotive Digest.
Manheim Takes 16 Awards at NAAA Convention
2015-10-01 01:59:42| AutomotiveDigest.com - Automotive Industry News
Manheim locations were well recognized at the National Auto Auction Association convention last week in Orlando. Twelve Manheim locations and their teams were recognized for 16 different awards. Chase Auto Finance honored five Manheim locations. Enterprise Holdings also honored the company for top-performing auctions whole-car auctions and damaged-vehicle auctions. Overall, the awards were given to recognize top results in various aspects of vehicle remarketing, including customer service, sales volume, and operational excellence. The Article Manheim Takes 16 Awards at NAAA Convention appeared first on Automotive Digest.
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Manheim Used Vehicle Value Index July 2015
2015-08-12 23:47:29| AutomotiveDigest.com - Automotive Industry News
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) moved modestly higher in July. This brought the Manheim Used Vehicle Value Index to a reading of 124.1 in July. Given that seasonally adjusted prices were declining at this point last year, the Indexs year-over-year change moved from 0.1% in June to +1.1% […] The Article Manheim Used Vehicle Value Index July 2015 appeared first on Automotive Digest.
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Manheim Used Vehicle Value Index June 2015
2015-07-08 23:38:26| AutomotiveDigest.com - Automotive Industry News
Wholesale Prices Rise Slightly in June Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) inched up in June after declining in each of the previous four months. This brought the Manheim Used Vehicle Value Index to a reading of 123.9 in June, which represented a decline of 0.1% from a year […] The Article Manheim Used Vehicle Value Index June 2015 appeared first on Automotive Digest.
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