About Manheim
Manheim® was established in 1945 as a wholesale vehicle auction operation. Manheim continues to set the industry standard for buying and selling used vehicles today.
Manheim is North America’s leading provider of vehicle remarketing services, connecting buyers and sellers to the largest wholesale used vehicle marketplace and most extensive auction network. Through 125 traditional and mobile auction sites and a robust digital marketplace, the company helps dealer and commercial clients achieve business results by providing innovative end-to-end inventory solutions. Approximately 18,000 employees enable Manheim to register about 8 million used vehicles per year, facilitate transactions representing nearly $57 billion in value and generate annual revenues of more than $2.6 billion.
A subsidiary of Atlanta-based Cox Enterprises, Manheim is transforming the wholesale vehicle buying and selling experience through investments in technology and innovative products and services. Manheim markets Simulcast, Simulcast Everywhere, OVE.com, NextGear Capital, Total Resource Auctions, Manheim Frontline, Ready Logistics, Manheim Consulting and other respected brands to the remarketing industry in 11 countries, including Australia, Turkey and the United Kingdom.
Manheim brings together qualified sellers and volume buyers of used vehicles that include automotive dealerships, banks, car rental agencies, car manufacturers and government agencies.
Manheim offers end-to-end solutions from wholesale to retail. Its dealers have access to a reliable and secure market in which to purchase a variety of vehicles that no other remarketing provider can match. Clients can also choose from a range of wholesale services to help sellers get the highest value for their vehicles and help buyers get the best quality. Manheimâs value extends beyond the auction lanes, offering retail-ready services that prepare vehicles to arrive at the dealership ready to be placed on the sale lot.
Manheim cares about its employees, the environment and the communities it serves. From fundraising drives to tutoring kids after school to supporting long-term conservation efforts, Manheim and its employees are dedicated to protecting the environment and giving back to their communities.
1945 | First Manheim auto auction, Manheim, PA |
1959 | Manheim, PA, becomes world's largest auto auction |
1965 | Purchases National Auto Dealers Exchange, Bordentown, NJ |
1967 | Purchases Fredericksburg Auto Auction, Fredericksburg, VA |
1968 | Cox Enterprises acquires Manheim; moves headquarters to Atlanta, GA |
1983 | Manheim acquires Toronto Auto Auction, Milton, Ontario |
1989 | Grows to 25 auctions nationwide |
1991 | Merges with General Electric Capital Corp.; grows to 46 auctions |
1994 | First ever live satellite auction |
1996 | Manheim first in industry to give dealers online access via the Web to auction inventories, sale calendars, and market Manheim opens industry's first CyberLot, Lexus Direct First Used Car Market Report introduced |
1997 | Acquires Greater Auction Group; first international venture in UK Manheim Online launches, named one of Top 10 e-commerce sites by PC Week |
1998 | Manheim Market Report now downloadable to dealers' PCs |
1999 | Acquires Dent Wizard Opens auctions in France, Australia, New Zealand, and 5 more in US AutoTrader.com, world's largest used car shopping site, debuts |
2000 | Forms Manheim Interactive. Acquires 20 ADT automotive auctions |
2001 | Manheim introduces the Used Vehicle Value Index Implements Best Practices Program |
2002 | Manheim holds its first Simulcast sale |
2003 | By year end, 65,000 dealers enrolled and using Manheim Online Industry's first "cinema" sales in Atlanta and Seattle First auction in Thailand Manheim Market Report now accessible by PDAs, offers real-time pricing "in the lanes on sale day" Mobile auction sale of 9,200 hail-damaged vehicles at Nissan's Smyrna, TN, assembly plant |
2004 | Online Vehicle Exchange is launched Manheim DRIVE Center opens |
2005 | Introduced Total Resources Auctions salvage subsidiary Debut of Manheim Specialty Auctions |
2006 | Manheim acquires Southwest Florida and Auction City Halifax in Halifax, Nova Scotia Launched China operations |
2007 | Manheim opens its largest auction reconditioning center at Manheim Pennsylvania World's largest vehicle auto auction receives DuPont Award for environmental achievements Manheim establishes The Wholesale Institute online workshops for dealers Manheim announces further expansion in Canada Manheim acquires Auction City Moncton in Moncton, New Brunswick |
2008 | Manheim launches first ever operations in Turkey Manheim Total Resource Auctions announces major expansion in salvage industry Cox Enterprises and Manheim turn on Water Conservation Center at Manheim Georgia in Atlanta Opening of 70,000 square foot facility in Montreal, Quebec Opening of new Manheim Canada corporate office in Mississauga, Ontario |
2009 | Manheim reaches 3 million online transactions Launches first ever Mid-Year Used Car Market Report Manheim honored among AARP's "Best Employers for Workers Over 50" for second consecutive year |
2010 | Manheim Market Report becomes available on mobile devices Manheim launches Manheim Direct OVE.com signs its 100th Independent Auction Partner Manheim Introduces One-Stop Customer Care with 1-866-MANHEIM |
2011 | Manheim launches Simulcast Everywhere Mobile site reaches its two millionth user BMW and Manheim partner to open new company car center and Manheim Greer Distribution and Vehicle Processing Center |
2012 | Manheim purchases Dealer Services Corporation Manheim purchases Ready Auto Transport Simulcast becomes available for Mac computers |
Manheim celebrates the 10th anniversary of Simulcast | |
2013 | Cox Enterprises names Sanford Schwartz president of Manheim and AutoTrader Manheim creates joint venture with DriveTime, forms Go Auto Exchange Manheim opens new California Service Center at Manheim Riverside |
Manheim expands footprint in Canada | |
2014 | Cox Enterprise announces formation of Cox Automotive Manheim signs agreement to purchase stake in Go Financial, supports dealer access to financing options via NextGear Capital Manheim purchases majority stake in Brazilian CarBizz Manheim creates first-ever onsite auction lane for Hendrick Automotive |
2015 | Manheim Pennsylvania celebrates 70th anniversary Manheim creates new wholesale-to-retail vehicle solution for dealers Manheim announces expansion of mobile auction network |
2016 | Manheim Pennsylvania celebrates 70th anniversary Manheim creates new wholesale-to-retail vehicle solution for dealers Manheim announces expansion of mobile auction network |