ATLANTA – Manheim
ExportTrader.com has entered into an agreement with Arai Auto Auctions in Japan
to expand the used car market for dealers around the world.
Under this exclusive agreement, Arai
Auto Auctions will make the inventory and comprehensive buying and shipping
services of Manheim ExportTrader.com available to its global dealer base. As a
result, Manheim ExportTrader.com’s buyer base will expand to include more than
10,000 active international dealers.
“We are proud to work with Arai Auto
Auctions to enhance the growing global used vehicle market,” said Mark Brunn,
vice president, international operations, Manheim. “Working together, Arai Auto
Auctions and Manheim ExportTrader.com will add value for many international
dealers who wish to source vehicles in North America. Manheim ExportTrader.com
is committed to providing domestic sellers with a global audience to remarket
their vehicles, regardless of geographic distance.”
“Arai Auto Auctions is excited about the
opportunity to vastly expand the used vehicle inventory available for our
customers,” said Ryozo Arai, president, Arai Shoji Co., Ltd. “Manheim is the
leading remarketer in the world, and we are proud to be able to provide our
customers with services that are best in class.”
The Manheim ExportTrader.com website has
been translated into Japanese, making it easy for Arai Auctions’ dealers to
navigate and shop among the thousands of listed vehicles from the world’s most
respected wholesale auto auctions. Once connected with this new source of
inventory, Japanese dealers can locate vehicles on the site, then rely on
Manheim ExportTrader.com to handle all the details of the sale – from purchase
and title transactions to safe and secure delivery of the vehicle to its
destination port. Dealers can even finance the vehicle and shipping in many
cases.
“We’ve got the cars, the expertise and
the shipping relationships to make buying overseas easy for Japanese dealers,”
said Scott Stephens, general manager, Manheim ExportTrader.com. “This is a
significant advantage for both businesses. Arai Auto Auctions is able to offer
its dealers new value-added services, and Manheim ExportTrader.com sellers can
expect thousands of new dealers looking at their vehicles as a result of this
relationship.”
About Arai Auto Auctions (www.arai-group.co.jp/en/auction.htm)
Arai Auto Auctions is a division of Arai
Shoji Co., Ltd. Arai Auto Auctions hosts 2,500 buyers and sellers weekly in
four locations, totaling over 360,000 vehicles annually and 28,200 registered
members.
Arai Auto Auctions handles a wide range of
business sales, used car purchasing, and import and export vehicles and is a
leader in the Japanese auction industry. Arai Auto Auctions has furthered
growth by developing an Internet-based car auction that will allow for online
browsing, bidding and sales.
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 visits 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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