Manheim’s former regional vice president of West Regional Operations, Rock Anderson, will take on the role of senior vice president and chief people officer, effective immediately. Barry Roop, Manheim’s market vice president for the Texas Market, will assume Anderson’s previous role.
As part of its long-term growth strategy to invest in emerging markets, Manheim has signed an agreement to purchase a majority stake in CarBizz, an auction operation based in São Paulo, Brazil.
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.
Auto Dealer TV's Jennifer Nebrich reports on claims against dealers in New Jersey, Ohio and Missouri. Also this week, hybrid sales have slowed, and the King of Lemon Laws scores a victory against Tesla.
Strong consumer demand and attractive financing drove up both volume and values for used cars during the second quarter, Manheim reports.
Despite the harsh weather, used-vehicle sales continued to motor along in the first quarter of the year. Keeping demand high were insurance vehicle replacements and tax refunds.
The provider of vehicle remarketing services signs agreement to purchase an equity stake in the subprime finance source. The transaction is expected to close in June.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In