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MANHEIM has held its first car auction at its new Bruntingthorpe super centre with a sale of 365 cars. The Lombard Vehicle Management sale made over £3.5 million and boasted an 80 percent conversion rate. Almost 300 buyers attended the old US Airforce base in Leicestershire, reports Manheim MD Mike Pilkington, with lots more taking [...]
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MANHEIM reports its Simulcast online auction service rocketed 85 percent and sold 25,000 cars in 2009. This came on the back of a 94 percent growth in car trade buyer log-ins, which saw the 100,000-mark broken. Total worth of these cars sold online? £200 million. Proof, said MD Mike Pilkington, that ‘the investment in Simulcast [...]
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