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Manheim Auctions
Manheim, Inc. is an automobile auction company, a subsidiary of Cox Automotive, a subsidiary of privately owned Cox Enterprises Cox Enterprises, Inc. is an American private company, privately held global conglomerate (company), conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major ope ..., Inc. based in Atlanta, Georgia. Manheim's primary business is wholesaling vehicles. Other services include financing, title work, and repairs. History Early history The company was formed by five partners in 1945 in a decrepit building on seven acres just south of Manheim, Pennsylvania as Manheim Auto Auction, Inc. The first sale offered three cars and sold one to the general public."The Beginnings of Two Auto Auctions," Wally Koster; Retrieved (13 Feb. 2016) In 1947 it became a dealer-only enterprise, making Manheim the largest auto exchange in 1959. By 1966 Manheim Auto Auction was the world's vo ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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Cox Automotive
Cox Enterprises, Inc. is an American privately held global conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Media Group, Cox Communications, and Cox Automotive. The company's major national brands include AutoTrader, Kelley Blue Book, Manheim Auctions and more. Through Cox Automotive, the company's international operations stretch across Asia, Australia, Europe and Latin America. Cox Enterprises is currently led by Alexander C. Taylor, a fourth-generation Cox family member and great-grandson of founder James M. Cox. James M. Cox's grandson, James C. Kennedy, and other members of the Cox family are on the company's board of directors. On March 2, 2020, the sale of Cox Media Group's Ohio newspapers was finalized back to Cox Enterprises, and subsequently formed Cox First Media. This move was to ensure the publications would remain daily newspapers servi ...
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Atlanta, Georgia
Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georgia, Fulton County and extends into neighboring DeKalb County, Georgia, DeKalb County. With a population of 520,070 (2024 estimate) living within the city limits, Atlanta is the eighth most populous city in the Southeastern United States, Southeast and List of United States cities by population, 36th most populous city in the United States according to the 2020 United States census, 2020 U.S. census. Atlanta is classified as a Globalization and World Cities Research Network#Beta +, Beta + global city and is the principal city of the much larger Atlanta metropolitan area, the core of which includes Cobb County, Georgia, Cobb, Clayton County, Georgia, Clayton and Gwinnett County, Georgia, Gwinnett counties, in addition to Fulton and DeKalb. ...
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Cox Enterprises
Cox Enterprises, Inc. is an American private company, privately held global conglomerate (company), conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major operating subsidiaries are Cox Media Group, Cox Communications, and Cox Automotive. The company's major national brands include AutoTrader.com, AutoTrader, Kelley Blue Book, Manheim Auctions and more. Through Cox Automotive, the company's international operations stretch across Asia, Australia, Europe and Latin America. Cox Enterprises is currently led by Alexander C. Taylor, a fourth-generation Cox family member and great-grandson of founder James M. Cox. James M. Cox's grandson, James C. Kennedy, and other members of the Cox family are on the company's board of directors. On March 2, 2020, the sale of Cox Media Group's Ohio newspapers was finalized back to Cox Enterprises, and subsequently formed Cox First Media. This move was to ensure th ...
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Auto Auction
Auto auctions are a method of selling vehicles based on an auction system. Auto auctions can be found in most countries and are usually exclusive to licensed automobile dealers. In a few countries, such as Japan, auto auctions are well known and used by most residents. Country specific Japan Auto auctions are the most popular method to sell used vehicles in Japan. Most customers are Japanese seeking a cheap vehicle to start with or replace their older vehicle. There are many also trying to sell their vehicles. Individuals though cannot directly use auto auctions, but must go through those holding auction membership. In Japanese law, only dealerships may become members of auto auctions. The system allows people to have access to information, but keeps the auctions orderly with only professionals actually able to bid. A small percentage of the dealers that are members of Japanese auto auctions are also used vehicle exporters that most often use the auto auctions as their p ...
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Manheim, Pennsylvania
Manheim is a borough in Lancaster County, Pennsylvania, United States. The population was 5,064 at the 2020 census. The borough was named after Kerpen- Manheim, Germany. History Manheim was laid out by Henry William Stiegel in 1762 on a land tract in Rapho Township, though it was only incorporated in 1838. He set out to build an industrial empire and founded the Manheim Glassworks. After financial failure, he was forced to sell the development in 1775. After several failed attempts at resurrecting the glassworks, it closed in 1780. The first railroad train came into Manheim on January 1, 1862, with the completion of the first division of the Columbia and Reading Railroad. In 1884, another forward step was the laying of water pipes and the beginning of service by the Manheim Electric Company, which set up a plant in Bomberger's Mill at the end of Mill Street. Geography Manheim is in northern Lancaster County, along Pennsylvania Route 72 (Main Street), northwest of Lancaste ...
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American Auction Houses
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label that was previously known as Def American * American University, in Washington, D.C. Sports teams S ...
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Retail Companies Established In 1945
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of cr ...
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Companies Based In Lancaster County, Pennsylvania
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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