Manheim hosting prestige auction for QLD wholesale car dealership
Manheim Australia is broadening its services for the automotive sector by taking its platform directly to vendors for speciality events.
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Manheim
Used car prices declined in May as dealer stock grew
Average used car sales prices in Australian dealers fell a further 0.9% during May 2024 and are now 6.8% lower on average than last year, according to the latest Cox Automotive Australia (CAA) data.
Manheim wholesale auction volume spiked by 85% in April
Manheim Australia passenger and light commercial auction sales grew 40% year-to-date compared to the same January to April period in 2023, as the wholesale market edges towards pre-COVID volumes.
Manheim powers Chery Motor dealer-only auctions
Cox Automotive Australia (CAA) subsidiary, Manheim, is partnering with Chery Motor Australia to power its ex-fleet demonstrator auctions. From April 2024, Manheim will run its dealer-only closed internal auctions.
CAA reports variability in softer used vehicle prices
Cox Automotive Australia (CAA) believes that used vehicle prices continue to come down from the record highs of mid-2022, but with degrees of variability based on factors such as fuel type, vehicle age, and body type.
Manheim reopens Melbourne auction lanes
Automotive auction services provider Manheim has announced the imminent return of physical auctions to its Altona facility in Melbourne, after moving to online only during the COVID-19 pandemic.
Cox Automotive/Manheim host AMG auction for youth charity
Cox Automotive Australia says it is proud to support the Kids Under Cover charity through its long term partnership with Manheim. Kids Under Cover is a not for profit organisation which was founded in 1989 and is dedicated to preventing youth homelessness.
