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Manheim, Inc. is an automobile auction company and the world's largest wholesale auto auction, based on trade volume with 145 auctions located in North America, Europe, Asia and Australia. As a subsidiary of Cox Automotive , a subsidiary of privately owned Cox Enterprises , Inc. based in Atlanta, Georgia, Manheim's primary business is ...
Cox Enterprises, Inc. is an American privately held global conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Media Group, Cox Communications, and Cox Automotive. The company's major national brands include AutoTrader ...
In 2020 it was sold to Cox Automotive for vehicle storage and auctions, with a part retained by the Walton family for aircraft activities. Current uses. Vehicles. The site can accommodate about 25,000 vehicles, parked on the former runway and taxi areas. An old Cold War hangar houses Manheim Bruntingthorpe Car Auction Centre.
The 1904 Rolls-Royce 10 hp Two-Seater is currently listed on the Guinness World Records as the most expensive veteran car to be sold, at the price of US$7,254,290 (equivalent to $10,660,000 in 2023), on a Bonhams auction held at Olympia in London on December 3, 2007. [3]
Vehicle remarketing is the controlled disposal of fleet and leasing vehicles that have reached the end of their fixed term. In vehicle leasing, after the lease expires, the lessee either returns the vehicle to the supplier or buys it. The vehicles that are not purchased by the driver become an unwanted asset for the fleet or leasing company ...
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