Manheim, Inc. is an automobile auction company. It is the largest one in the world by volume of trade.[1][2] As a subsidiary of Cox Enterprises, Inc., Manheim provides services including financing, title work, transportation, recovery, auto body repair, dealership management systems, dent repair and remarketing technology.[citation needed] They use online tools to connect buyers and sellers around the globe.
[edit] History
The original Manheim Auto Auction was founded in 1945 by Jake Ruhl, Paul Stern, B.Z. Mellinger, and Art Walters. Their first sale ran three cars and sold just one. By 1959 Manheim Auto Auction was the largest auto auction in the world. Cox entered the auto auction business in 1968 by purchasing its namesake company, the Manheim Auto Auction, in Manheim, Pennsylvania. Manheim is now the highest volume operator of wholesale auto auctions in the world with 130 locations in North America, Europe, Asia, and Australia.[3][citation needed] Their flagship and original location, Manheim Pennsylvania is the largest auto auction in the world, with 33 lanes for the sale of cars. This auction also boasts the largest automotive reconditioning center in the United States. Cox Enterprises owns Cox Auto Trader, one of the world’s leading providers of online and print automotive consumer information.[citation needed]
Manheim sold Dent Wizard, a nationwide mobile auto reconditioning service. Manheim owns Manheim Pittsburgh in Cranberry Township PA.
[edit] References
- ^ biz.yahoo.com
- ^ aisel.aisnet.org
- ^ manheim.com
[edit] External links
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| Cox Radio Division |
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| Television |
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| Automotive |
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Annual revenue: $12.0 billion USD (2005) · Employees: 77,000 · Stock symbol: None, privately held. · Website: coxenterprises.com
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