Manheim Taps Two Leaders for New Roles
Guided by a strategy to promote talent from within, Manheim announced a new general manager in Florida and new associate vice president of Reconditioning Operations.
Manheim Acquires Undercarriage Imaging Technology from Synthetik Applied Technologies
Investment continues Manheim’s commitment to making the digital buying experience as good as in person.
Manheim Forecast: Used-Vehicle Values Expected to Normalize in 2023 After Record Volatility
Following record increases in 2021, the Manheim Used Vehicle Value Index (MUVVI) ended 2022 at 219.3, a slight increase from November due to the seasonal adjustment, but down 14.9% year over year.
Manheim’s Craig Amelung Elected President of Virginia Association
Craig Amelung will direct the activities of the 1,100-member VIADA and support its staff as they inform, educate and represent independent dealers throughout the Commonwealth.
Manheim Used Vehicle Value Index Sees Another Strong Decline as Market Continues To Slow
Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) decreased 3.0% in September from August.
Latest Manheim Used-Vehicle Data Shows Signs of Market Normalcy After Unprecedented Run in 2020 and 2021
Wholesale used-vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) decreased 1.3% in June from May.
NextGear Capital, Manheim and vAuto Help Dealers Gain Advantages
Dealer Advisory Board feedback, self-service tools, a new in-person orientation program and more are saving time and gaining insights for dealers.
Manheim Expands LotVision Capabilities to Include Vehicle DTC Data
Pilot Program Goes Nationwide to Give Clients More Detailed Vehicle Information to Make Smarter Buying Decisions
After Slow First Quarter, Manheim Forecasts Used-Vehicle Market To Accelerate in Months Ahead
Wholesale used-vehicle prices (on a mix-mileage and seasonally adjusted basis) declined 3.3% month over month in March. This brought the Manheim Used Vehicle Value Index (MUVVI) to 223.5, an increase of 24.8% from a year ago. The non-seasonally adjusted price change in March increased 0.6% compared to February, leaving the unadjusted average price up 23.2% year over year.
Manheim Prepares to Meet the Future Growth of Electric Vehicles Infrastructure Created to “Electrify Manheim” Locations to Service and Support EV for Clients
Electrify Manheim is designed to identify EV battery health to support servicing requirements as more electric vehicles are consigned to the company’s auction locations.
Manheim Delivers New Simulcast Experience for Dealers on its Mobile App
Makes it simpler, easier for dealers to access and participate in live, auctioneer-led sales from anywhere
Manheim Delivers Process Improvement Solution for Commercial Clients
A client shared services center meets clients’ needs for easier, faster post-sale operations.