Manheim Auction’s Middlesbrough site,
specialising in main dealer part exchange and trade vehicles, is to
close following a review by the remarketing group.

The centre accounts for 1% of Manheim’s
auction activity and 20 members of staff will be consulted
regarding redundancy.

The auctioneers’ proposed ‘closed-auction’
centre in Coventry, announced in November, is scheduled to open in
the spring in conjunction with Škoda UK.

Manheim says its restructure is due to reduced
volumes in the wholesale market and that its business in the
Teesside region will be accommodated by other sites. Meanwhile
there is growing demand from vendors for an additional West
Midlands site.

richard.brown@vrlfinancialnews.com

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData