Manheim and a number of industry partners have filed a request with the Department of Justice to determine whether the industry’s proposed multi-platform system is in compliance with antitrust laws.
ADESA will not participate in the automotive remarketing industry's initiative to establish a platform that would allow simultaneous bidding on vehicles listed on multiple online auction sites.
The partnership makes Manheim and Go Auto Exchange DriveTime’s primary source for remarketing wholesale inventory through its physical locations, mobile auctions and online.
Dealers who purchase vehicles at Manheim auctions now have the option to buy a purchase guarantee that allows them to return a vehicle for any reason for up to 21 days and receive a 100% refund of the purchase price and buyer’s fees.
Manheim’s new Enhanced Vehicle Imaging Suite provides up to 18 vehicle images and ‘heat map’ graphics that help buyers quickly assess vehicle condition as part of the company’s InSight Condition Reports.
A dealer who acquired clean titles for flood-damaged cars he bought at auction faces up to three years in prison. He must also reimburse the customers who purchased the seven vehicles.
General Motors is bringing back closed sales to Manheim Arena Illinois and Manheim Pennsylvania. These sales are designed to help GM dealerships build their pre-owned vehicle inventories.
Andriod users can now appraise, stock, buy and sell automotive inventory through DealerMatch’s dealer-to-dealer marketplace using their mobile devices.
Westlake names Kansas City Independent Auto Auction as its 2013 Auction of the Year. Three Adesa auctions were also recognized.
The operator of D&D Auto Sales, two employees and a state Motor Vehicle Commission technician were charged with acquiring fraudulent “clean” titles for eight flood-damaged vehicles and selling seven of them to customers.
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