Having a lot of data on dealers means you can deliver to them what they need to run their business more effectively – but there is a challenge.
Streamlining with inventory analytics around it, understanding dollar day supply, turn time, and other factors are critically important for bottom-line profitability.
Manheim recognized 10 independent auctions during the OVE.com Awards ceremony during Conference of Automotive Remarketing Las Vegas. The awards have been given in recent years to recognize the importance of independent auctions for Manheim’s future business growth. Norwalk Auto Auction took Highest Overall Volume for the third consecutive year; Akron Auto Auction has won Highest […]
Manheim, ADESA and independent auctions have made significant progress toward the creation of a multiplatform bidding solution that would facilitate simultaneous bidding on vehicles listed on multiple online auction sites. It’s said to be different from any other technology solution out there; a consigned car can receive bids from multiple online auctions from the moment […]
Eric Lyman VP, Editorial and Partner Development ALG Residual values are seeing a strong forecast from ALG – an increase of 0.5 percentage points (ppts) on average in the 36-month term. Segments with stronger fuel economy are marginally more positive. Demand is raising residuals across segments while industry-level supply is very negative; segment level supply […]