Manheim triples its Thai business in 10 years

 Operating with 5 auction lanes in Bangkok, two in Phitsanulok and one each in Surat Thani and Nakhon Ratchasima, the company claims that it is the biggest vehicle auction company in Thailand. It also looks to further grow the business here.
 “Over the past years, we have expanded consistently here in Thailand,’’ said Simon Moran, vice president, Manheim Asia Pacific. "We believe we bring the highest levels of trust, reliability, convenience and state of the art technology to the second-hand vehicle market across Thailand."
 Manheim also provides an on-line, real-time auction service using its signature auction system called ‘Manheim Simulcast’. It is the first company to introduce on-line selling technologies for second-hand vehicles to the world market, and to Thailand. The system has been fully adapted for the Thai market in Thai language.
“We have achieved consistent growth and been rewarded with the trust of thousands of buyers and sellers over the last decade of our Thai operation. We are looking forward to the decades ahead, and much more growth and new offerings here in Thailand,’’ said Moran.
Manheim has been in business since 1945, and handles more than 8 million vehicles a year worldwide, worth more than $50 billion.