Manheim’s investment pays instant dividends

Tuesday, December 17, 2013 - 15:00
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RETURN: Manheim reap instant benefits

Manheim have begun selling vehicles from, less than a month after investing in the site.

The remarketers sold their first car on the website on November 11, just two weeks after announcing their investment

Under the deal, Manheim will regularly host auctions at Manchester, Colchester, Birmingham, Leeds, Bruntingthorpe and Washington.

With vehicles available including cars, vans and tippers, around 400 vehicles will be sold each week, with values ranging from £500 to £50,000.

Michael Buxton, Chief Operating Officer of Manheim, said: “Our ability to turn a sales programme around to accommodate the additional volume from The Car Group in such a short time period is a great achievement that demonstrates just how powerful the integrated Manheim approach really is.”

John Bailey, Chief Executive of Manheim, added: “This deal has already seen a considerable number of high quality vehicles coming into our auction lanes and online channels.

“Following our recent investments in Kingfisher, EVS Online, and Dealer Auction, this latest acquisition is great news for our buyers.”