Manheim Invests in New Retail Reconditioning Center Near Silicon Valley
Hayward, CA — June 13, 2018 — Preparing for increased demand in its retail reconditioning business while anticipating growth in the vehicle mobility space, Manheim opened its 19th retail recon site on June 13 at Manheim San Francisco Bay.
The company invested approximately $500,000 in the 20,000 square-foot facility to provide mechanical and reconditioning services to dealers, commercial consignors and new vehicle mobility providers in the evolving automotive sector. The half-million dollar investment is a part of the $1.5 million investment Manheim has made in its San Francisco Bay location.
The Center has seven vehicle lifts and a team of highly-trained technicians who can perform minor and major component repairs on about 100 vehicles per week “We are uniquely positioned to offer end-to-end solutions to independent and franchise dealers, fleet operators, ride-sharing companies and manufacturers,” said Greg Beck, general manager, Manheim San Francisco Bay.
“Our proximity to Silicon Valley, home to many of tomorrow’s vehicle mobility providers, is just one more way we are poised to deliver tremendous value and meet client and industry needs.” Manheim’s retail reconditioning offerings provide everything needed to prepare vehicles for sale, including a 140-point inspection, mechanical and body reconditioning, paint, detail, merchandising, imaging, and more. By outsourcing such services to a single point of contact at one location, clients can focus on customers, fulfill retail demand faster, and save time and money.
Further, this alternative to in-house recon frees up a dealer’s own service bays for paying customers and gets retail-ready vehicles to their lot quickly — typically within four to 10 days, depending on client specifications and vehicle condition. “The conveniences and flexibility generated by Manheim’s Retail Reconditioning solution help dealers improve efficiency, speed, capacity and margins,” said Beck.
“It can even help reduce costs, by avoiding vehicle transport to/from multiple locations and enhance the unit’s value.”
Retail reconditioning is a natural extension of Manheim’s solutions, leveraging its large-scale operations, expertise and high-quality workmanship.
The company started to participate in the $24B retail reconditioning industry in 2015 and now operates 19 locations, serving a range of clients from dealers to manufacturers and new vehicle mobility players. It has invested more than $17M to build new Retail Reconditioning facilities across the nation, enhance existing ones and develop proprietary technology.
Last year alone, Manheim produced over 30,000 retail-ready vehicles. Manheim’s newest Retail Reconditioning Center, located on more than three acres at 1525 Crocker Avenue in Hayward, is an extension of Manheim San Francisco Bay, a 72-acre wholesale auction established in 1987. It is one of the company’s six operating locations in California and features 12 lanes to sell approximately 2,500 vehicles per week.
Supporting its community, Manheim San Francisco Bay is a 23-year member of the Hayward Chamber of Commerce and contributes to Hayward Animal Shelter, Hayward Police Department memorial funds and local food banks, as well as American Red Cross, Drivers for Survivors, Kyle Petty Charity Ride Across America and Ronald McDonald House Charities. The organization has achieved a platinum ranking in the Cox Conserves Zero Waste to Landfill program by diverting 80% to 89% of its waste from landfills.
Manheim® is North America's leading provider of end-to-end wholesale solutions that help dealer and commercial clients increase profits in their used vehicle operations. Through its physical, mobile and digital sales network, Manheim offers services for inventory management, buying and selling, floor planning, logistics, assurance and reconditioning.
With its omni-channel approach, Manheim Marketplace enables wholesale vehicle clients more efficient ways to connect and transact business how and when they want. Approximately 18,000 team members help Manheim offer 8 million used vehicles annually, facilitating transactions representing nearly $58 billion in value. Headquartered in Atlanta, Manheim North America is a Cox Automotive™ brand. For more information, visit press.manheim.com.
Julie Shipp | PR Manager, Manheim | 404-558-7837 | [email protected]