Manheim Conference Call: Part 1     

On Tuesday, Manheim (the world’s largest used vehicle auction company) hosted their quarterly conference call.  Used vehicle (wholesale) auctions are where car dealers (new and used) and “fleet” vehicle companies (like car rental agencies) take their vehicles if they can not sell them on their lot (I’ll have more on “fleet in a few minutes.) 

Thomas Webb, the company’s chief economist provided his usual candid commentary about the industry. 

And with great excitement after sending you yet another “mini manifesto” about the industry on Tuesday, I thought I would surp ...

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