Manheim - Corporate Reports
Transcription
Manheim - Corporate Reports
Manheim is the world’s leading provider of used vehicle services and a marketplace for the millions of cars that change hands every year. Manheim supports sellers in achieving the maximum value and provides buyers a reliable and safe market to purchase a wide array of vehicles. Dean H. Eisner, President and Chief Executive Officer Dean Eisner at the customer service desk at Manheim China – Shanghai, where Manheim launched operations in 2006. Highlights of the Year • Completed operating location business plan development initiative. • Opened three stand-alone Manheim Automotive Financial Services Centers. • Established a comprehensive environmental initiative for all reconditioning shop operations. • Established two joint ventures in China and held first sales there. • Won Frost & Sullivan Award for innovation in technology that provides outstanding service to customers. • Acquired locations in Halifax, Canada, and Indianapolis, Indiana. • Launched Manheim Consulting to provide customers new insights and actionable solutions. • Established OVE.com, the largest virtual marketplace for dealer-to-dealer and commercial consignor business transactions that occur outside of physical wholesale auto auctions. • Launched a complete menu of detail services under the “Clean Team” brand that includes innovative paint polishing processes. • Hosted over 19,000 visitors at Manheim DRIVE Center in Atlanta. By THe Numbers Related Operations $2.8 Billion in Revenues • Frontline Services Dent Wizard Manheim Auto Body Repair Mark III Customs Recon Operations 32,000 Employees 145 Worldwide Locations 10 Million Vehicles Handled Annually 2.5 Million Cars Detailed Annually 80,000 U.S. Dealer Visits Monthly (auction and online) • Manheim Automotive Financial Services Financing, insurance and related services • Manheim Inspections • Total Resource Auctions • Vehicle Management Services Titles, transport, recovery, remarketing 26 CXE-036_Narrative.cgla.R2 26 Cox Enterprises 2006 Annual Report 3/24/07 10:52:33 AM statistics Manheim activities have moved beyond just the auction process, with value-added services impacting a significant number of vehicles each year: Service Number of Vehicles Details 2,530,000 Mechanical Repairs 1,125,000 Paint/Body Repairs 935,000 Post-Sale Inspections 644,000 For December YTD, 2006 manheim annual online sales (thousands of units sold) 135 270 03 04 423 521 05 06 Big Facility Improvements for Manheim, Pennsylvania, operating location manheim’s largest reconditioning shop With 33 selling lanes offering an average of 14,000 vehicles every other week, the Manheim, Pennsylvania, location is Manheim’s largest operating facility. In 2006, this location began construction of Manheim’s largest reconditioning operations, which will open in 2007– a twostory, 200,000-square-foot structure that houses detail, paint and body and mechanical shops, five break rooms, offices and training rooms. “We’ll have our reconditioning operations all on one site,” said Bryan Allison, the location’s recon manager. “We’ll be able to run a much more efficient operation and give our customers a higher level of quality service.” Most Advanced Wastewater Treatment Facility Drives Detail Shop In 2006, the Manheim, Pennsylvania, location also started implementing plans for Manheim’s most advanced wastewater treatment system, scheduled to come online in the near future. The system, which can produce 42,000 gallons of reusable water per day, was designed to drive the operating location’s new detail shop, which has a 750-vehicle capacity per eight-hour shift. “Water is continuously recycled, so we are able to reduce our well water demand by 60 percent,” said Charles McClung, Manheim’s engineering director. “That means the detail shop also reduces the water going to the city treatment plant by 60 percent.” Manheim consulting: accelerating business Manheim learns a lot as it handles over 10 receive insightful analysis, innovative thinking million vehicles annually, collecting a vast and real-world ideas about their increasing amount of vehicle and transaction data. With competitiveness and profit potential. Manheim the creation of Manheim Consulting in 2006, Consulting offers five areas of practice – custom this data and the company’s industry expertise analytics, business optimization, macroeconomic are being put to work to provide customers analyses, strategic development and research with new insights and actionable solutions for and support services. In its first year, Manheim business challenges and opportunities. Consulting has already worked extensively with Through a team of knowledgeable professionals each of Manheim’s top 25 customers, as well as who transform quantitative data into relevant with a number of companies in the financial and recommendations, Manheim clients can investment communities. Cox Enterprises 2006 Annual Report CXE-036_Narrative.cgla.R2 27 27 3/24/07 10:54:39 AM Locations 46 locations in the United Kingdom, Spain, Portugal, Belgium, Australia, New Zealand, Thailand and China. Worldwide Locations Arizona Arizona Auto Auction Greater Auto Auction of Phoenix Tucson Auto Auction California Bay City Auto Auction California Auto Dealers Exchange Fresno Auto Dealers Auction Los Angeles Dealers Auto Auction Riverside Auto Auction San Diego Auto Auction Southern California Auto Auction Colorado Colorado Auto Auction Denver Auto Auction Florida Central Florida Auto Auction Daytona Auto Auction Florida Auto Auction of Orlando Greater Tampa Bay Auto Auction Imperial Auto Auction Lakeland Auto Auction Lauderdale-Miami Auto Auction Orlando Orange County Auto Auction Pensacola Auto Auction St. Pete Auto Auction Southwest Florida Auto Auction West Palm Beach Auto Auction Georgia Atlanta Auto Auction Bishop Brothers Auto Auction Georgia Dealers Auto Auction Manheim DRIVE Center 28 CXE-036_Narrative.cgla.R2 28 New Jersey National Auto Dealers Exchange Skyline Auto Exchange Skyline Port Newark Facility Virginia Fredericksburg Auto Auction Harrisonburg Auto Auction Virginia Vehicle Exchange New Mexico Albuquerque Auto Auction Washington South Seattle Auto Auction Indiana Fort Wayne Vehicle Auction Indianapolis Auto Auction Louisville Auto Auction New York Newburgh Auto Auction Northway Exchange Auto Auction Wisconsin Metro Milwaukee Auto Auction Kentucky Mid-America Auto Auction North Carolina Aycock Auto Auction Statesville Auto Auction Hawaii Aloha Auto Auction Illinois Arena Auto Auction Auction Way Sales Gateway Auto Auction Greater Chicago Auto Auction Louisiana Greater New Orleans Auto Auction Lafayette Auto Auction Maryland Baltimore-Washington Auto Exchange Massachusetts American Auto Auction Michigan Detroit Auto Auction Metro Detroit Auto Auction Michigan Auto Auction Ohio Cincinnati Auto Auction Ohio Auto Auction Oregon Portland Auto Auction Pennsylvania Butler Auto Auction Hatfield Auto Auction Keystone Auto Auction Manheim’s Auto Auction South Carolina Darlington Auto Auction Minnesota Minneapolis Auto Auction Northstar Auto Auction Tennessee Nashville Auto Auction Tennessee Auto Auction Mississippi Mississippi Auto Auction Texas Big H Auto Auction Dallas Auto Auction Dallas-Fort Worth Auto Auction Dealers Auto Auction of Dallas El Paso Auto Auction Fort Worth Vehicle Auction San Antonio Auto Auction Texas Hobby Auto Auction Missouri 166 Auto Auction Kansas City Auto Auction St. Louis Auto Auction Nebraska Omaha Auto Auction Nevada Greater Las Vegas Auto Auction Greater Nevada Auto Auction Utah Utah Auto Auction Puerto Rico Caribbean Auto Dealers Exchange Canada Manheim’s Auction City – Halifax Oshawa Dealers Exchange Toronto Auto Auction EUROPE Belgium Portfolio Europe – Antwerp England (Manheim Auctions) Birmingham Bristol Colchester Coventry Gloucester Haydock Knottingley Leeds Leeds – Commercials Leicester Manchester Mansfield Middlesbrough Northampton Rotherham Washington Wimbledon Dent Wizard – Tamworth E-Good Manners – Leeds Portfolio – Macclesfield Portfolio Europe – Manchester Vehicle Remarketing Solutions – Coventry KAH Systems – Newcastle upon Tyne Portugal Lisbon Porto Scotland Manheim Scottish Auctions – Glasgow Spain Manheim Directo – Madrid ASIA China Beijing Shanghai Shenzhen Thailand Manheim Asia Pacific – Bangkok Australia (Manheim Fowles) Adelaide Brisbane Canberra Hobart Launceston Melbourne Newcastle Perth Sydney Townsville Portfolio Australia – Melbourne New Zealand (Manheim Fowles) Auckland Christchurch Wellington Cox Enterprises 2006 Annual Report 3/24/07 10:55:41 AM Executive Management Dean H. Eisner President and Chief Executive Officer Michael J. Langhorne Senior Vice President, International Operations Joseph Luppino Senior Vice President and Chief Financial Officer Lilicia P. Bailey Chief People Officer Ralph M. Liniado Senior Vice President, Business Development Nick H. Peluso Senior Vice President, Customer Relations and Strategies Harold J. Logan Senior Vice President, Strategic Planning and Industry Relations Jamie D. Porter Executive Vice President, Services Businesses William A. Fielding Vice President, Technology Berta M. Phelps Vice President, Best Practices Jeffrey J. Lenar Vice President, Real Estate and Construction Gordon M. Warren Vice President and General Manager, Tracker Michael W. Broe Senior Vice President, Operations Michael S. Lang Chief Marketing Officer Corporate Diane F. Barton Vice President, Customer Experience Andrew M. Drake Vice President, Product Management David R. Nutter Vice President, Operations Operations David M. Berkstresser Vice President, Operations, Southwest Anthony J. Giurato, Jr. Vice President, Operations, Midwest Kyle E. Ohman Vice President, Operations, Northeast Joseph J. Cadigan, Jr. Vice President, Operations, Florida Timothy A. Janego Vice President, Operations, Southeast Daniel E. Thomas Vice President, Operations, West Mark A. Davidson Vice President, National Accounts Michael F. Moumousis Vice President, National Accounts Michael L. Russo Vice President, National Accounts Kevin R. Freudenberg Vice President, Factory Accounts Cheryl Munce Vice President, National Accounts, Canada Peter M. Trench Vice President, National Accounts Account Management Michael L. McKinney Vice President, Account Management Charles E. Novince Vice President, National Accounts Online and Service Businesses Online James T. McKnight President, Online Operations Consulting Lynn M. Morgan Vice President, Manheim Consulting Financing Katherine K. Decker Vice President and General Manager, MAFS Service Businesses Mark J. Brunn Group Vice President, Vehicle Management Services – Pam Mabry-Cadigan Vice President, Inspection Operations J. David Young Group Vice President, Frontline Services Businesses – Kelly G. Conger President, Dent Wizard – David Munnikhuysen Vice President, Recon Operations – Thomas J. Nohstadt Vice President, Mark III Customs – William A. Tiedemann Vice President and General Manager, Total Resource Auctions – Kevin F. Beattie President, Manheim Auto Body Repair international John E. Bailey Chief Executive Officer, Manheim Europe Patrick J. Brennan Vice President, Operations, Canada M. Gregory Gehman Vice President, Export Services Scott Levy Chief Executive Officer, Manheim Fowles Cox Enterprises 2006 Annual Report CXE-036_Narrative.cgla.R2 29 29 3/24/07 10:59:15 AM