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Encyclopedia > Manheim Auctions

Manheim Automotive Services is the market leader of used vehicle services and marketplaces, operating more that 135 dealer auctions. As a subsidiary of Cox Enterprises, Inc., Manheim provides services such as financing, title work, transportation, recovery, auto body repair, dealership management systems and dent repair. Manheim is also the leader in remarketing technology, using its online tools to connect buyers and sellers around the globe. Image File history File links Information_icon. ... Shortcut: WP:WIN Wikipedia is an online encyclopedia and, as a means to that end, also an online community. ... Shortcut: WP:NPOV Wikipedia policy is that all articles should be written from a neutral point of view. ... Shortcut: WP:RULES Wikipedia is a collaborative project and its founders and contributors have a common goal: Wikipedia has some policies and guidelines that help us to work toward that common goal. ... The term Market leader means the company that has the largest share of sales in a particular market. ... Millions of vehicles are sold at dealer auto auctions every year. ... Cox Enterprises is the successor to the publishing company founded at Dayton, Ohio, by James Middleton Cox, who began with the Dayton Daily News. ... Finance addresses the ways in which individuals, business entities and other organizations allocate and use monetary resources over time. ...


History

Cox entered the auto auction business in 1968 by purchasing its namesake company, the Manheim Auto Auction, in Manheim, PA. Manheim is now the highest volume operator of wholesale auto auctions in the world with 135 locations in North America, Europe, Asia, and Australia. In addition, Cox Enterprises owns Cox Auto Trader, one of the world’s leading providers of online and print automotive consumer information. Largest auto auction in the world.


Legal Issues

The FTC brought suit against them for anticompetitive practices in 2000, and forced them to divest nine vehicle auctions to the closest competitor, Adesa Inc.


References

http://www.manheimauctions.com http://www.ftc.gov/opa/2000/10/manheim.htm http://biz.yahoo.com/ic/126/126160.html http://www.coxenterprises.com/corp/operating_companies/automotive.htm?Vermenu=operatingcompanies&Hormenu=automotive http://biz.yahoo.com/ic/40/40110.html http://www.adesainc.com/history.do



 

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