03/13/2013, COSTA MESA, California

HYUNDAI NAMES MANHEIM PENNSYLVANIA AUCTION OF THE YEAR

Location is a Three-time Winner of this Prestigious Award

COSTA MESA, Calif., March. 13, 2013 Hyundai Motor America has named Manheim Pennsylvania as its 2012 Auction of the Year. The annual Hyundai Auction of the Year award is presented to the best performing auction in terms of sales, customer service, efficiency, quality and overall performance. This is third time Manheim Pennsylvania, a Hyundai partner for more than 10 years, has won Auction of the Year.

“We appreciate our partnership with Manheim Pennsylvania and its outstanding management team,” said Gary Knapp, senior group manager, Fleet & Remarketing, Hyundai Motor America. “They continue to put forth great effort while making sure our dealers always feel welcome. The outstanding service, value and efficiency provided by the staff keep our dealers engaged and interested in returning month after month. Congratulations to VP & GM Tim Van Dam and his team for another great year.”

“At Manheim Pennsylvania, we truly believe that when our customers win, we win,” said Tim Van Dam, VP & GM, Manheim Pennsylvania. “We value our close, working partnership with Hyundai and are honored to be recognized with this award. We look forward to continuing to build upon this success.”

Manheim Pennsylvania’s closed Hyundai auctions provide dealers with high quality, low mileage vehicles that often make their way through Hyundai’s certified pre-owned program (CPO). Hyundai’s fast-growing CPO program set a best-ever volume month in February and is up 12 percent on the year. It has also been named best CPO program by Intellichoice two years running.

MANHEIM (www.manheim.com)

Manheim is the world’s leading provider of vehicle remarketing services. Through its 106 worldwide wholesale operating locations and digital services, Manheim influences every stage of a used vehicle’s life cycle, helping commercial sellers and automobile dealers maximize the full value of their vehicles. Drawing from its auction transaction volume, Manheim Consulting publishes the annual Used Car Market Report, the definitive source of data for the used car industry. Manheim Consulting offers a wide range of services including custom analytics, business optimization and macro-economic analysis.

Manheim is the online vehicle remarketing leader, connecting buyers and sellers to the world’s largest, most comprehensive wholesale marketplace through its extensive in-lane and digital offerings. Manheim.com receives nearly 900,000 visits each week.

Additionally, Manheim offers services including reconditioning, certification, inspections, dealer financing, title management and marshaling, among others. Through its wide array of services and technologies, industry publications, customer support and educational offerings, Manheim gives its customers maximum control over how they buy and sell vehicles, helping them to conduct business in the most efficient way possible. Worldwide, the company handles nearly 8 million used vehicles annually, facilitating transactions worth more than $50 billion in value.

Headquarter in Atlanta, Manheim is a subsidiary of Cox Enterprises and participates in Cox Conserves, the company’s national sustainability program.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Costa Mesa, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai’s 10-year/100,000-mile powertrain warranty, and five years of complimentary Roadside Assistance.


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