Manheim Auctions

Automobile auction company Manheim, Inc.TypeSubsidiary of Cox AutomotiveIndustryAutomotiveFounded1945 (1945)Headquarters Atlanta, GeorgiaNumber of locations145ParentCox Enterprises(Cox Automotive)Websitewww.manheim.com Manheim, Inc. is an automobile auction company, a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises, Inc., based in Atlanta, Georgia. Manheim's primary business is wholesaling vehicles. Other services include financing, title work, and repairs. History Early history The company was formed by five partners (Arthur F. Walters, Ben Mellinger, Jake Ruhl, Paul H. Stern, and Robert Schreiber) in 1945 in a decrepit building on seven acres just south of Manheim, Pennsylvania, as Manheim Auto Auction, Inc. The first sale offered three cars and sold one to the general public. In 1947, it became a dealer-only enterprise and by 1959, it had grown to become the largest auto exchange in the United States. By 1966, Manheim Auto Auction was the world's volume leader, selling off 45 vehicles per hour or 700 cars/trucks on a given Friday night at the 16-laned auction. In 1965, Manheim Auto Auction purchased the National Auto Dealers Exchange in Bordentown,