Manheim Consulting Launches Quarterly Report on Canadian Automotive Market

FOR IMMEDIATE RELEASE                  CONTACT: Andrew Maraniss

February 17, 2009
McNeely Pigott & Fox

 
(615) 259-4000

 
amaraniss@mpf.com

 

MANHEIM CONSULTING LAUNCHES QUARTERLY REPORT ON 

STATE OF CANADIAN WHOLESALE VEHICLE MARKET

Canadian Automotive Brief Provides Insights, Analysis on Vehicle
Remarketing Industry

 

            ATLANTA - Manheim Consulting vice president Lynn Morgan
announced today the creation of the Canadian Automotive Brief, a
quarterly report compiled by Manheim Consulting's team of analysts that
offers insights into the Canadian economy and vehicle remarketing
industry.

 

            The first Brief was distributed today to Manheim's customers
in Canada. The world's leading provider of vehicle remarketing services,
Manheim has five auction locations across Canada including Halifax,
Moncton, Montreal, Toronto and Oshawa.  

 

            "By gathering vehicle data from our Canadian locations and a
variety of other sources, we can provide customers with insights and
information that will help them make important business decisions," said
Morgan. "The analysis Manheim Consulting will provide in these Briefs
will help our Canadian customers put the business challenges they are
facing into a larger context."

 

            The inaugural Brief includes detailed analysis of economic
and industry activity in the Canadian market in the second half of 2008,
activity that was driven primarily by three factors:

 

*         Falling gas prices

*         The weakening Canadian dollar against the U.S. dollar

*         The ripple effect of the U.S. credit crisis and global
recession

 

The Brief also features Manheim Consulting data on several key industry
trends, including:

 

*         Canadian dealer purchases of vehicles in the U.S. wholesale
market

*         The impact of gas prices on vehicle values

*         Unemployment and consumer price index analysis

*         News on Manheim auction activity in Toronto and Montreal

 

"I'm delighted to introduce this Brief to our Canadian customers," said
Cheryl Munce, vice president of customer relations and strategies for
Manheim Canada. "I'm confident the Brief will quickly become a trusted
source of information and analysis, just like the many other reports,
case studies and briefs already produced by Manheim Consulting."

 

To secure a copy of the Canadian Automotive Brief, go to 
www.manheim.com/consulting. A PDF version of the Brief is attached. 

 

About Manheim Consulting

 

            Manheim Consulting is a business arm of Manheim, the world's
leading provider of used vehicle services.  Manheim Consulting comprises
a team of automotive strategic consultants who work with clients to
solve business challenges.  With access to the most comprehensive used
vehicle database in the industry, Manheim Consulting creates
highly-customized solutions for its customers to help them achieve
greater success. 

 

Manheim Consulting is dedicated to helping its customers drive business
results and maximize their profit potential through a broad scope of
services, including custom analytics, business optimization,
macroeconomic analysis, data services, strategic development, research
and more. For more information, visit www.manheim.com/consulting  

 

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Andrew Maraniss

McNeely Pigott & Fox Public Relations
611 Commerce St.
Suite 2800
Nashville, TN 37203

615-259-4000

615-259-4040 (fax)