Manheim announced May 21 that Jay Agosta has been promoted to assistant general manager of Manheim’s Skyline Auto Exchange in Fairfield, N.J. He will report to Jay Cadigan, general manager.

Agosta joined Manheim Auctions in December 1997, working in the Manheim Automotive Financial Services (MAFS) department at Newburgh Auto Auction in Newburgh, N.Y. In 1998, he joined the management-training program and spent the next two years working in a variety of positions throughout the auction. Upon completion of the training program, he was named dealer relations manager, a position he held until being named assistant general manager.

Prior to joining Manheim, Agosta worked at Chase Bank from 1995 to 1997 in its dealer service center, which provides financing for car dealers and leasing companies.

Manheim Auctions offers services that impact every stage of a used vehicle’s life cycle. These include transaction, reconditioning and certification services, managed remarketing, end-of-lease-term management services, vehicle transportation, dealer floor planning, retail inspection and government auction services. The company says it also assists auto manufacturers, fleet and lease companies, banks and other financial institutions in selling their used vehicle inventories.

A wholly owned subsidiary of Cox Enterprises, Inc., Manheim is a global remarketing organization with 85 auctions in North America and additional operations in France, the United Kingdom, Australia and New Zealand. In 2001, the company says it handled 9.5 million vehicles at its North American auctions.