Massachusetts / New England Independent Automobile Dealers Association

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Sat, Sep 18, 2021
Jan20

Happy 75th Year to Manheim!

Vol 2 issue 1

Happy 75th Year to Manheim!

1945-FIRST MANHEIM AUTO AUCTION
As World War II drew to a close, the demand for cars was high—and about to skyrocket. It was a great time to start a used car auto auction.

1959-MANHEIM, PA, BECOMES WORLD'S LARGEST AUTO AUCTION

1965-MANHEIM PURCHASES NATIONAL AUTO DEALERS EXCHANGE IN BORDENTOWN, NJ

1968-COX ENTERPRISES ACQUIRES MANHEIM

1989-MANHEIM GROWS TO 25 AUCTIONS NATIONWIDE

1994-FIRST-EVER LIVE SATELLITE AUCTION

1996-FIRST IN INDUSTRY TO PROVIDE ONLINE ACCESS TO AUCTION INVENTORIES, CALENDARS, AND MORE

1997-MANHEIM ONLINE LAUNCHES AND IS NAMED ONE OF TOP 10 E-COMMERCE SITES BY PC WEEK

1998-MANHEIM MARKET REPORT (MMR) IS DOWNLOADABLE TO DEALERS PC’S

2001-MANHEIM INTRODUCES THE USED VEHICLE VALUE INDEX

2002-MANHEIM HOLDS ITS FIRST SIMULCAST SALE

2003-MANHEIM HOLDS FIRST AUCTION IN THAILAND

2004-ONLINE VEHICLE EXCHANGE (OVE) LAUNCHES

2005-MANHEIM SPECIALTY AUCTIONS DEBUTS

2006-MANHEIM LAUNCHES CHINA OPERATIONS

2007-WORLD’S LARGEST VEHICLE AUTO AUCTION RECEIVES DUPONT AWARD FOR ENVIRONMENT ACHIEVEMENTS

2008-MANHEIM LAUNCHES FIRST-EVER OPERATIONS IN TURKEY

2009- MANHEIM REACHES 3 MILLION ONLINE TRANSACTIONS

2010-OVE SIGNS ITS 100TH INDEPENDENT AUCTION PARTNER

2011-MOBILE SITE REACHES 2,000,000 USERS

2012-MANHEIM LAUNCHES DEAL SHIELD VEHICLE PROTECTION AND PURCHASES READY AUTO TRANSPORT

2013-MANHEIM MOBILE APP LAUNCHES

2015-MANHEIM CREATES NEW WHOLESALE-TO-RETAIL VEHICLE SOLUTION FOR DEALERS

2018-MANHEIM EXPRESS LAUNCHES NATIONWIDE

2019-FIRST ALL-DIGITAL AUCTION LAUNCHES AT MANHEIM TUCSON

2020-MANHEIM CELEBRATES 75 YEARS OF HELPING DEALERS SUCCEED

Manheim® was established in 1945 as a wholesale vehicle auction operation. Manheim continues to set the industry standard for buying and selling used vehicles today.

Manheim is North America’s leading provider of vehicle remarketing services, connecting buyers and sellers to the largest wholesale used vehicle marketplace and most extensive auction network. Through 125 traditional and mobile auction sites and a robust digital marketplace, the company helps dealer and commercial clients achieve business results by providing innovative end-to-end inventory solutions. Approximately 18,000 employees enable Manheim to register about 8 million used vehicles per year, facilitate transactions representing nearly $57 billion in value and generate annual revenues of more than $2.6 billion.

A subsidiary of Atlanta-based Cox Enterprises, Manheim is transforming the wholesale vehicle buying and selling experience through investments in technology and innovative products and services. Manheim markets Simulcast, Simulcast Everywhere, OVE.com, NextGear Capital, Total Resource Auctions, Manheim Frontline, Ready Logistics, Manheim Consulting and other respected brands to the remarketing industry in 11 countries, including Australia, Turkey and the United Kingdom.

Manheim brings together qualified sellers and volume buyers of used vehicles that include automotive dealerships, banks, car rental agencies, car manufacturers and government agencies.

Manheim offers end-to-end solutions from wholesale to retail. Its dealers have access to a reliable and secure market in which to purchase a variety of vehicles that no other remarketing provider can match. Clients can also choose from a range of wholesale services to help sellers get the highest value for their vehicles and help buyers get the best quality. Manheim's value extends beyond the auction lanes, offering retail-ready services that prepare vehicles to arrive at the dealership ready to be placed on the sale lot.

Manheim cares about its employees, the environment and the communities it serves. From fundraising drives to tutoring kids after school to supporting long-term conservation efforts, Manheim and its employees are dedicated to protecting the environment and giving back to their communities.