Wednesday, April 7, 2010

THREE MANHEIM LOCATIONS RECEIVE WELLS FARGO AUTO FINANCE AUCTION OF THE YEAR AWARDS

ATLANTA - Three Manheim locations will be honored with a Wells Fargo Auto Finance Auction of the Year Award, to be presented at the financial services firm’s fifth annual auction awards reception on Monday, April 26, 2010.

Manheim Ohio, Manheim Orlando and Manheim Southern California are being recognized by Wells Fargo Auto Finance for offering customers the highest and most consistent levels of service in their respective regions during 2009. The awards are based on specific performance criteria and ratings from a survey distributed to Wells Fargo team members. This marks the second consecutive Wells Fargo Auto Finance Auction of the Year Award for Manheim Southern California and the third consecutive Auction of the Year Award for Manheim Orlando.

“We’re constantly striving to deliver a best-in-class customer experience to our business partners,” said Nick Peluso, senior vice president, customer management, Manheim. “That’s why this special recognition from a valued partner like Wells Fargo Auto Finance is the highest possible compliment.”

Wells Fargo Auto Finance and Manheim have worked together for nearly a decade, providing dealers and consignors with a broad range of vehicle inventory in-lane and online.

“We are pleased to recognize these particular Manheim locations for the heightened and consistent level of service provided on our behalf,” said Howard Segal, vice president/national remarketing manager, Wells Fargo Auto Finance. “We value our partnership with all of the Manheim locations we utilize and the role they each play assisting us in achieving our overall business goals and objectives.”

About Manheim (www.manheim.com)
Manheim is the world’s leading provider of vehicle remarketing services. Through its 130 worldwide wholesale operating locations, Manheim impacts every stage of a used vehicle’s life cycle, helping commercial sellers and automobile dealers maximize the full value of their vehicles. Drawing from its auction transaction volume, Manheim Consulting publishes the annual Used Car Market Report, the definitive source of data for the used car industry. Manheim Consulting offers a wide range of services including custom analytics, business optimization and macro economic analysis.

Manheim is the online vehicle remarketing leader, connecting buyers and sellers to the world’s largest, most comprehensive wholesale marketplace through its extensive in-lane and online offerings. Manheim.com receives nearly 900,000 visitors each week.

Additionally, Manheim offers services including reconditioning, certification, inspections, dealer financing, title management and marshaling, among others. Through its wide array of services and technologies, industry publications, customer support and educational offerings, Manheim gives its customers maximum control over how they buy and sell vehicles, helping them to conduct business in the most efficient way possible. In 2009, Manheim handled nearly 10 million used vehicles, facilitating transactions worth more than $50 billion in value.

Headquartered in Atlanta, Georgia, Manheim is a subsidiary of Cox Enterprises, a leading communications, media and automotive services company.

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