Manheim Makes a Triple Play in Ohio

02/24/2016

Company Plans to Open Third Site, Manheim Cleveland on March 2

Ohio’s newest Manheim location, Manheim Cleveland, will open on March 2, 2016 with its first sale at 9:30 a.m. This will be the auto remarketing company’s third location in Ohio, including Manheim Cincinnati and Manheim Ohio in Grove City.

This new Cleveland location will enable Manheim to increase its footprint in the Ohio market connecting more buyers and sellers of used vehicles to its wholesale used-vehicle marketplace through physical and digital auction channels, data analysis, financing, transportation and mobile products and solutions.

“We are opening in response to requests from local dealers for an auction that serves the Cleveland market,” says Alan Lang, vice president of Manheim Local & Mobile “This demand coincides with our market intelligence that revealed the Cleveland market is under-served, presenting exciting opportunities for Manheim.”

Manheim Cleveland, located at 4720 Brookpark Road, will primarily service independent and small franchise dealers. Located on seven acres, the 2000-square-foot facility will feature three fully automated lanes with Simulcast and online transactions 24 hours a day, seven days a week via OVE.com. The operation, will offer limited mechanical and reconditioning facilities with Post Sale Inspection (PSI) functionality. Weekly sale days will take place on Wednesdays at 9:30 a.m. with approximately 500 vehicles expected to run through the lanes each week.

Opening day events include dealer specials, free food, prize drawings and giveaways. In addition, Manheim Cleveland will auction a red car with proceeds going to the Cleveland Red Cross chapter. To further its support of the Red Cross, throughout the month of March—National Red Cross Month—Manheim Cleveland will make a donation for each new dealer registration at the new facility.

This new Manheim operation adds to the local economy by providing dealers needed inventory to meet revenue goals, adding part-time and full-time jobs and generating revenue from new dealers traveling to Cleveland for weekly sales.

Manheim is part of Cox Automotive™, a subsidiary of Cox Enterprises which was founded in Dayton, Ohio in 1898. Cox Enterprises employs some 1,500 people in Ohio and has given more than $2 million in cash and in-kind support to Ohio-based nonprofits. For information on its newest location, visit Manheim Cleveland online.

About Manheim North America (www.manheim.com)

Manheim® is North America’s leading provider of vehicle remarketing services, connecting buyers and sellers of used vehicles to the largest wholesale used-vehicle marketplace. The company helps drive dealer and commercial client success by providing physical, digital and mobile auction channels, data analysis, dealer financing through NextGear Capital, Inc., transportation services through Ready Auto Transport and a host of other products and solutions. With 80 locations across North America, Manheim registers nearly seven million used vehicles annually and facilitates transactions representing nearly $51 billion in value. Headquartered in Atlanta, Manheim N.A. is owned by Cox Automotive™ which includes industry leaders such as Kelley Blue Book (KBB.com®), Autotrader® and Dealertrack®. For more information, visit http://press.manheim.com.

 

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For further information: Jennifer Sheran, jennifer.sheran@coxautoinc.com

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