ATLANTA– Manheim locations in North America will recognize National Auto Auction Week, Aug. 20-24. Sponsored by the National Auto Auction Association (NAAA), the week was established to increase awareness about the significant contributions made by the auto auction industry to the national economy and local communities. In support, Manheim plans to create awareness with customers about this special industry week on its social media sites, including Facebook and Twitter.
“On behalf of the entire Manheim team, I would like to thank our customers, partners and dedicated employees for their commitment to advance the auction industry,” said Sandy Schwartz, president of Manheim. “As the auction industry continues to evolve, NAAA represents an important voice to its members, its customers and auction employees.”
Manheim not only represents 69 auction locations in North America, but also partners with 153 independent auto auctions to remarket vehicles through OVE.com, its 24/7 bid or buy now wholesale vehicle marketplace. Manheim locations have served customers and communities for nearly 67 years, and its employees continue to give back through charity involvement, conservation efforts and economic contributions.
“National Auto Auction Week is a terrific opportunity to thank the many individuals that contribute to the success of wholesale auto auctions,” said Jay Cadigan, market vice president at Manheim and chairman of the board for NAAA. “This week is about recognizing the strength of our industry and the immense value auto auctions provide.”
Born from the entrepreneurial spirit meeting a consumer need during the Great Depression, the auto auction industry has grown to become a vital part of North America’s commerce, according to NAAA. Last year, NAAA members sold 7.66 million vehicles worth $73 billion in gross revenue.
About Manheim (www.manheim.com)
Manheim is the world’s leading provider of vehicle remarketing services. Through its 113 worldwide wholesale operating locations and digital services, Manheim influences every stage of a used vehicle’s life cycle, helping commercial sellers and automobile dealers maximize the full value of their vehicles. Drawing from its auction transaction volume, Manheim Consulting publishes the annual Used Car Market Report, the definitive source of data for the used car industry. Manheim Consulting offers a wide range of services including custom analytics, business optimization and macro economic analysis.
Manheim is the online vehicle remarketing leader, connecting buyers and sellers to the world’s largest, most comprehensive wholesale marketplace through its extensive in-lane and digital offerings. Manheim.com receives nearly 900,000 visits each week.
Additionally, Manheim offers services including reconditioning, certification, inspections, dealer financing, title management and marshaling, among others. Through its wide array of services and technologies, industry publications, customer support and educational offerings, Manheim gives its customers maximum control over how they buy and sell vehicles, helping them to conduct business in the most efficient way possible. Worldwide, the company handles nearly 8 million used vehicles annually, facilitating transactions worth more than $50 billion in value.
Headquartered in Atlanta, Manheim is a subsidiary of Cox Enterprises, a leading communications, media and automotive services company.