Manheim Auto Auctions: 1945 through Today

Manheim is the world’s largest provider of vehicle auction services and a subsidiary of the international transportation services company, Cox Enterprises. Manheim was founded in 1945 by John R. Manheim in Manheim, Pennsylvania as a small livestock auction. The company has since grown to operate over 20,000 employees at over 150 locations around the world.

In the 1950s, Manheim began hosting weekly auto auctions for dealers. This proved to be a successful venture and the company began to focus more on the automotive industry. In the 1960s, Manheim opened its first permanent auto auction facility in Manheim, Pennsylvania. The company also expanded its services to include vehicle financing and transportation.

In the 1970s, Manheim continued to grow and expand its reach. The company opened several new locations and began offering additional services such as vehicle reconditioning and auto body repair. Manheim also developed its first computerized inventory system, which allowed for more efficient tracking and management of vehicles.

In the 1980s, Manheim further expanded its services to include online auctions and mobile auctions. The company also began offering certification programs for vehicles, which helped to increase confidence in the quality of the vehicles being sold at Manheim auctions.

In the 1990s, Manheim continued to innovate and introduce new technologies. The company launched its first website and developed a virtual auction platform, which allowed dealers to participate in auctions remotely. Manheim also started offering a variety of ancillary services such as floorplan financing, insurance, and warranties.

In the 2000s, Manheim continued to expand globally, opening new locations in Europe, Asia, and South America. The company also developed a mobile app and introduced a variety of new technologies such as virtual reality and augmented reality to enhance the auction experience for both buyers and sellers.

Today, Manheim is a leader in the automotive auction industry and offers a wide range of services to dealers, manufacturers, and fleet operators around the world. The company has a strong reputation for innovation and a commitment to providing high-quality services to its customers.

In conclusion, Manheim has come a long way since its humble beginnings as a small livestock auction in Pennsylvania. The company has consistently adapted and evolved to meet the changing needs of the automotive industry and has established itself as the world’s leading provider of vehicle auction services.