ATLANTA
– Manheim, the world’s leading provider of vehicle remarketing services, today
announced it has entered into an extended partnership with The Van Tuyl Group
Inc., which manages the largest group of privately held automotive dealerships
in the United States.
In
addition to a commitment to direct increased vehicle volumes to Manheim, as
part of this new agreement the Van Tuyl Group’s Metro Auto Auction in Phoenix,
AZ, will become a facilitating location for OVE.com, Manheim’s 24/7 bid or buy
now wholesale vehicle marketplace.
Facilitating
locations are the brick-and-mortar auctions that guarantee title and money for
OVE.com’s transactions. Another Van Tuyl auction scheduled to open in Dallas
will also become a facilitating location for OVE.com.
“This
is a significant partnership for Manheim and a strategic move for The Van Tuyl
Group, as they continue to acquire new stores in new markets,” said Susie
Heins, vice president, major dealers, Manheim. “The Van Tuyl family has had a
long history within the automotive industry, and we believe our corporate
cultures make a great fit in terms of our shared values, our commitment to
technology and our focus on quality customer service.”
As
the Van Tuyl Group’s Metro Auto Auction has enjoyed a long standing relationship
with Manheim Financial Services (MAFS), the management company also will extend
this offering to their new Dallas facility. MAFS aids independent dealers in
the process of buying, selling and floor planning vehicles.
“We’re
excited about this new partnership with Manheim, as it allows us to offer a new
range of value-added services for our customers,” said Kent Montgomery, Van
Tuyl Group. “By tapping into the power of OVE.com, our dealers and sellers will
gain access to the nation’s top online sales channels for their inventory.
Offering Manheim Financial Services to our buyer base also gives them another
well-respected and trusted option for their extensive floor-planning needs.”
With
offices in Arizona, Kansas and Texas, The Van Tuyl Group works with
approximately 65 independent auto dealerships nationwide. The management
company supports its dealers by providing accounting, finance and insurance,
risk management, legal, real estate, construction and technology-related
services. The group has a history of pioneering innovative services and the
latest technology, but its first priority has always been a dedication to
hands-on customer service and training.
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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