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  2. Manheim Auctions - Wikipedia

    en.wikipedia.org/wiki/Manheim_Auctions

    This action prompted the partners to make Manheim Auto Auction a dealer-only enterprise, making Manheim the largest auto exchange in 1959. [2] By 1966, Manheim Auto Auction established itself as 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.

  3. Cox Enterprises - Wikipedia

    en.wikipedia.org/wiki/Cox_Enterprises

    Three years later, Manheim was purchased by Cox as well. In the 1980s, Manheim acquired its first non-U.S. auction in Toronto, Canada, making Cox an international company. In 1997, Autotrader.com was founded revolutionizing the way people buy and sell used cars. In 2014, Cox Enterprises brought its automotive-related businesses (which by then ...

  4. Larry Hedrick - Wikipedia

    en.wikipedia.org/wiki/Larry_Hedrick

    Larry Hedrick (born December 12, 1940 - August 31, 2020) was an American businessman and former NASCAR team owner.. Born in North Carolina, in 1976, he formed Statesville Auto Auction, which became one of the largest and most profitable auto sales businesses until it was sold to Manheim Auctions in 1993.

  5. The retreat from the world’s largest auto market has begun

    www.aol.com/retreat-world-largest-auto-market...

    Chinese automakers sell about 70% of the cars in the country, according to data from the China Passenger Car Association. As recently as five years ago, they had only 38% of the Chinese market ...

  6. Corporate interests commit millions to celebrate Trump’s ...

    www.aol.com/corporate-interests-commit-millions...

    The auto industry could face serious challenges if, for instance, Trump were to follow through on his vow to impose stiff tariffs on goods imported from overseas. Car makers rely on suppliers ...

  7. Stock market today: Indexes end lower as tech slips and bond ...

    www.aol.com/stock-market-today-indexes-end...

    Indexes closed lower on Thursday, dragged by tech stocks after the latest inflation report came in warmer than expected. Nvidia shares lost more than 1%, while Adobe stock fell almost 14% on a ...

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  9. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    A dealer auto auction is a specialized form of auction. Millions of vehicles are sold at such dealer auto auctions every year. These auctions are restricted to the general public and only licensed dealers can participate. Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot.