MANHEIM BUYS SALE - Manheim Auctions Inc. purchased the Orlando-Orange County Auto Auction in Orlando, Fla., Dec. 21 from majority owner Ray Nichols and three minority owners. Neither Manheim nor Nichols would disclose the price. The four-lane auction had operated as part of Nichols' company, BSC America Inc. of Hunt Valley, Md. Manheim, based in Atlanta, owns two other auctions in the Orlando area.
MANHEIM ONLINE - Manheim Online, a division of Manheim Auctions Inc., auctioned vehicles worth $275 million overall through its Internet 'Cyber-Lots' in 1998, up from $58 million in 1997. Manheim Online sells vehicles for a number of automakers and captive finance companies. In 1998 it added several new customers, including DaimlerChrysler Corp. and Nissan North America Inc.'s Nissan and Infiniti divisions.
ADESA OPENS AUCTION - Indianapolis-based Adesa Corp. has opened a $10.5 million auction facility on 55 acres in Houston. The eight-lane auction replaces a two-lane, seven-acre auction 12 miles away. Adesa purchased the old auction in 1996. Adesa held its first sale at the new location Jan. 6 with about 800 vehicles.
BIGGER IN BOSTON - Adesa Corp. is reopening its Adesa Concord auto auction in Acton, Mass. Adesa shuttered the five-lane auction in February 1997. The company said it can no longer serve the Boston area with just Adesa Boston in Framington, Mass. Adesa expects Adesa Concord to hold its first sale early this year.
NEW TRADER ONLINE FEATURE - Auto Trader Online now can retrieve dealer inventory data electronically through most ADP and Reynolds and Reynolds dealer management systems. Auto Trader, a division of Trader Publishing Co. in Norfolk, Va., said the new system can post used-vehicle sales information automatically on the Auto Trader Online Web site and eliminate duplicate entries.