Fleet and lease vehicles drove Manheim’s increased volume in Q3 2024
Wholesale vehicle auction house Manheim Australia continues to post strong sales volume growth in 2024 as the market returns towards pre-COVID activity levels.
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Manheim Australia
Manheim reports solid ex-lease growth and a new hire
Manheim Australia is processing and selling more fleet lease vehicles at its weekly wholesale auctions, driven by increased business from major fleet management organisations (FMOs).
Manheim enjoys best May and June result since 2020
Manheim says its wholesale auctions were up 40.3% YTD to the end of June, with May and June 2024 being the two best months by volume since the middle of 2020. There was an almost even spread between passenger cars (33.2% of wholesale volume), SUVs (34.5%) and light commercials (32.3%).
Cox Automotive releases special EV re-marketing report
Cox Automotive Australia, the parent company of Manheim Auctions, has released a special report identifying six trends for de-fleeting and re-marketing electric vehicles.
